Deco Group Ltd

Deco Group Ltd, based in Walsall, UK, is a small holding company with an active status, established nineteen years ago in 2005. Employing five individuals, the company holds £282,553 in assets and operates from a real address, managed by two directors and one owner. It runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings—a consistent pattern over the last 31 months, with the most recent import in May 2022.

The company’s primary focus is wholesale solar products, catering to both residential and commercial clients. Its website, Deco Solar, showcases a wide range of high-quality solar panels, inverters, batteries, and EV charging accessories, emphasizing sustainable energy solutions. It offers trade accounts with exclusive discounts and focuses on UK-wide delivery, positioning itself as a trusted solar wholesaler. It also has a showroom in Harrods, London.

Financially, Deco Group Ltd’s recent performance presents a mixed picture. While cash reserves have surged by a remarkable 560%, jumping to £86,000, net assets have decreased by 33% to -£140,000. Bank borrowings have also significantly reduced, dropping 100% to zero. Creditors have increased substantially, rising 130% to £110,000, and trade debtors have decreased by 21%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity is a concern. With no auditor mentioned, the figures are unaudited.

The increase in bank borrowings and decrease in cash reserves could be a result of the company investing in inventory to meet growing demand, or it could indicate a need for improved cash flow management. The increase in creditors suggests the company is relying more on credit from suppliers. Overall, Deco Group Ltd seems to be navigating a period of transition, balancing growth with financial stability.

Registered in England/Wales under the registration number 05600512, with a registered address at WS2 8TL, Walsall, Unit 16 Bentley Lane Industrial Park, Bentley Lane.

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