Deciwatt Ltd

Deciwatt Ltd is a small, active company based in London, UK. Founded eleven years ago in 2013, it employs five people and holds £84,478 in assets. The company has three directors, but no owners are listed, which is a bit unusual. It has a real registered address, and while it regularly exports electrical machinery and equipment (three months of activity), it’s an irregular importer, with no specific import category recorded for two months.

The company operates in the manufacture of electric motors, generators and transformers, specialised design activities, and leasing of intellectual property, catering to a niche industrial sector. Its website is not available, so it’s unclear if it operates an e-commerce platform.

Financially, Deciwatt Ltd presents a mixed picture. Current assets have fallen significantly, dropping 56% to £84,000, while net assets have plummeted 400% to -£120,000. Bank borrowings have also decreased, and cash reserves have fallen by 39% to £61,000. Creditors have remained relatively stable. 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 flexibility, but the substantial equity decline is concerning. No auditor is mentioned, likely due to its small size, so the figures are unaudited.

The decrease in average employees from five to three is also notable, suggesting potential restructuring or cost-cutting measures. It’s possible the company is experiencing a period of investment or expansion, which could explain the losses, but the declining cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 08589358, with a registered address at W1T 2HN, London, 2 Scala Street.

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