Debdale Glitters Limited

Debdale Glitters Ltd, based in Stockport, UK, is a small, active family business founded eight years ago. With three employees and £38,240 in assets, it operates from a real address and is overseen by two directors and owners. The company regularly imports plastics and plastic products (40 months, last import in November 2022) but exports irregularly (2 months, last export in March 2023). It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company’s website, Glitter Tech Solutions, specializes in high-performance precision-cut glitter for various industries, acting as an official distributor for Glitterex Corporation USA. They supply glitter for applications ranging from automotive coatings to textiles, emphasizing innovation, sustainability, and regulatory compliance. The website highlights a legacy of British craftsmanship and customer-focused service, with testimonials praising the quality of the glitter and the helpfulness of the team. They even have a showroom in Harrods, London.

Financially, Debdale Glitters Ltd presents a mixed picture. Cash bank on hand has seen a substantial increase of 330%, rising to £8,400, which is a positive sign. However, creditors have decreased by 40%, dropping to £22,000, and net current assets and liabilities have improved significantly, jumping to £16,000. Trade debtors have also fallen by 14%, decreasing to £20,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The company’s retained earnings accumulated losses have improved dramatically, rising to £16,000. Despite the positive trends, the company’s small size and lack of an auditor (likely exempt) mean the figures rely on unaudited statements. The company’s financial statements are prepared in accordance with FRS 102 and the requirements of the Companies Act 2006.

Registered in England/Wales under the registration number 10222346, with a registered address at SK1 3JF, England, Stockport, 12 Priest Street.

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