Dea Worky Uk Ltd

Dea Worky UK Ltd, based in Bromsgrove, UK, is a small, active company founded three years ago in January 2022. With £70,708 in assets and a virtual address shared by fifty-seven other companies, it’s a solo-founded operation managed by one director and two owners. The company is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with five months of import activity recorded, the last in March 2023. The business operates in the wholesale trade of motor vehicle parts and accessories.

The company’s website, Dea Worky UK, focuses on providing automotive industrial workshop systems and furniture. It partners with 100 Italian brands, offering customized project solutions for technicians, including furniture and exhaust extraction systems. The site highlights its ability to match the latest technologies with workshop needs, emphasizing ease of use and profitability. It even provides contact information and a link to a Mingled.Marketing developed site.

Financially, Dea Worky UK Ltd shows a mixed picture. Current assets have plummeted by 77%, dropping to £71,000, while net assets have fallen 130%, resulting in a negative balance of -£13,000. Cash reserves have also decreased significantly, falling 15% to £67,000. Trade debtors have seen a dramatic decline, dropping 98% to just £3,500, suggesting improved collection rates. However, creditors have also fallen, dropping 74% to £84,000. 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 sharp equity decline raises concerns. The company is exempt from an audit, so the figures are unaudited.

Overall, Dea Worky UK Ltd appears to be navigating a challenging financial landscape. While it maintains a focus on providing workshop solutions and has a steady import stream, the declining assets and negative equity suggest it’s burning through money. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company's focus on specialized automotive systems may provide a path to stability.

Registered in England/Wales under the registration number 13846031, with a registered address at B60 3DJ, England, Bromsgrove, Worcestershire, 12 The Courtyard Buntsford Drive.

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