Deltec Industries Limited

Deltec Industries Ltd, based in Poulton Le Fylde, UK, is a small, active company founded 25 years ago. With 15 employees and £928,708 in assets, it’s a well-established business run by a solo founder, a single director, and one owner. The company regularly imports and exports basic metal tools and utensils, with 24 months of import activity and 23 months of export activity recorded, the latest in December 2024. It operates within the manufacture of power-driven hand tools industries.

The company’s registered address is real, with only one other company registered at the same location. This suggests a relatively low-profile operation, focused on its core business. While a website isn't available, the company’s activities point to a traditional manufacturing and trading model, likely serving industrial customers.

Financially, Deltec Industries Ltd presents a mixed picture. Current assets increased by 11% to £930,000, a positive sign of growth. However, net losses deepened to -£23,000, and bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. 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 equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data reveals a pattern of growth in assets, but also increasing debt and losses. It’s possible that Deltec Industries Ltd is investing in new equipment or expanding its operations, which could explain the higher borrowing and losses. However, the increasing trade debtors suggest potential issues with collecting payments from customers. It’s also possible that the company is facing increased competition or rising costs, which could be impacting its profitability.

Registered in England/Wales under the registration number 03890699, with a registered address at FY6 8JX, Poulton Le Fylde, Lancashire, Unit 8 Wyrefields, Poulton Industrial E.

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