Delko Limited

Delko Ltd from Birmingham, UK, is a small, active company founded eight years ago. Despite its active status, the company has accounts overdue for a year and currently employs just one person. It holds assets totaling £1,046,561 and operates from a real address, managed by two directors and one owner. Delko is a regular importer, primarily dealing in various textile products, sets, used clothing, and rags, with recent import activity recorded three months ago.

The company's website reveals a procurement and distribution service aimed at businesses of all sizes, assisting with product creation, line extension, and outsourcing. It boasts teams in the UK and the European Union, facilitating manufacturing and product delivery. Delko’s services focus on stress-free production, sourcing quality items at competitive costs, and distribution in a globalized market. The company positions itself as a bridge between manufacturers and customers, ensuring efficient transactions and helping businesses stand out. It started because it noticed small and medium-sized businesses often pay high prices for products or struggle to find the right manufacturers, while small manufacturers struggle to reach the right customers.

Financially, Delko Ltd presents a mixed picture. Accumulated depreciation on plant machinery has increased by 200%, while vehicles have seen a staggering 760% increase. However, cash bank on hand has risen by 230% to £98,000, and current assets have grown by 38% to £1,000,000. A significant increase in average employees, from one to thirty-two, suggests expansion, though it’s worth noting that creditors have decreased slightly. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the rise in depreciation and the increase in bank borrowings, though not excessive, warrant attention. No auditor is mentioned, which is typical for a small, exempt company.

Registered in England/Wales under the registration number 10626330, with a registered address at B11 3EJ, England, Birmingham, West Midlands, 5-7 Lyncroft Road, Tyseley.

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