Dea Gate Automation Limited

Dea Gate Automation Ltd from Cookstown, UK, is a small holding company with an active status, established 18 years ago. Employing 21 people, the company holds assets valued at £2,824,933 and operates from a real address. It’s managed by four directors and owned by two individuals, and it runs an e-commerce site. The company is a regular importer of miscellaneous metal items, with 96 months of import activity recorded.

The company’s website, Arden Gate Automation, showcases a wide range of products and services related to gate automation, aluminium gates, and related accessories. It’s clear the site is geared towards trade customers, offering competitive pricing and trade price registration. The site’s extensive catalogue includes everything from aluminium gates and gate automation kits to intercoms, barriers, bollards, and post boxes, catering to both residential and commercial needs. It also features a “Top Five” section highlighting popular products and a blog offering industry insights. The site’s design is clean and functional, with a focus on product imagery and easy navigation.

Financially, Dea Gate Automation Ltd’s recent performance presents a mixed picture. Creditors increased by 13%, reaching £1.2 million, while cash reserves fell 30% to £650,000. Trade debtors grew by 8.5%, suggesting potential challenges in collecting payments. Net assets increased by 13%, reaching £1.7 million. Bank borrowings surged by 2,400%, reaching £29,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt is a concern. The company’s unaudited financial statements rely on director-reported data, and no auditor is mentioned.

The surge in bank borrowings, despite increased net assets, suggests the company may be investing heavily in inventory or expansion. It’s possible the company is facing increased competition or rising material costs, which could be impacting its profitability.

Registered in Northern Ireland under the registration number NI062300, with a registered address at BT80 9AR, Cookstown, Co. Tyrone, Sandholes Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.