Delsys Europe Ltd

Delsys Europe Ltd from Sale, UK, is a small, active company founded ten years ago in 2014. With five employees and £410,021 in assets, it’s a solo-founded operation led by a single director and owner, Lindley Steven. The company operates from a real address and is a regular importer and exporter of optical and medical tools and devices, with 17 months of import activity and 22 months of export activity recorded, the latest in December 2024. It’s also involved in management consultancy activities, though details on this aspect are limited.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales strategy. It’s unclear whether Delsys Europe Ltd operates an e-commerce site or primarily engages in wholesale or distribution.

Financially, Delsys Europe Ltd shows a mixed picture. While net assets increased by 32% to £210,000, cash reserves plummeted 78% to just £73,000. Bank borrowings surged by 2,400%, reaching £29,000, and trade debtors decreased by 34% to £220,000. Creditors also decreased by 62%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp cash drop raises questions. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data suggests a period of rapid growth, potentially fueled by increased borrowing. However, the significant decrease in cash reserves and the increase in bank borrowings indicate that Delsys Europe Ltd may be burning through money faster than it’s generating revenue. It's possible that the company is investing heavily in inventory or marketing to expand its business, but the lack of cash could become a concern if sales don't pick up. The decrease in trade debtors is a positive sign, suggesting improved collection of payments, but the overall picture is one of a company needing to carefully manage its cash flow.

Registered in England/Wales under the registration number 09212352, with a registered address at M33 2DH, England, Sale, Stamford House, Northenden Road.

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