Demsa Accounts Ltd

Demsa Accounts Ltd, a small holding company based in London, UK, has been active for 14 years, employing 32 individuals and holding £208,937 in assets. Founded in 2011, the company boasts a stellar 5.0 Google rating from 70 reviews and operates from a virtual address, registered at a location shared by 978 other companies. It’s managed by three directors and two owners, with the director list recently updated.

The company’s primary function is providing accounting and auditing services, as evidenced by its website. It offers a comprehensive suite of services, including bookkeeping, payroll, tax advisory, and financial consultancy, catering to businesses of all sizes. The website highlights a multilingual team and emphasizes personalized service, aiming to simplify financial compliance and facilitate business growth. It's clear they're targeting a broad client base.

Financially, Demsa Accounts Ltd shows a mixed picture. While net assets increased significantly by 82%, reaching £480,000, cash reserves decreased by 17% to £64,000. Trade debtors decreased by 17%, suggesting better debt management, but creditors also declined by 22%, which could be a positive sign. The company’s size (meeting two of three conditions for a small company) allows for agility, but the increase in bank borrowings by 2,400% to £29,000 raises questions about its financial health. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s focus on providing accounting and auditing services, coupled with its multilingual team and emphasis on personalized service, suggests a commitment to client satisfaction. However, the recent increase in bank borrowings and decrease in cash reserves warrants close monitoring. It seems like they’re growing, but they need to manage their finances carefully.

Registered in England/Wales under the registration number 07641483, with a registered address at N8 0RL, England, London, Demsa Accounts 565 Green Lanes, Haringey.

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