Denif Ltd

Denif Ltd, based in London, UK, is a small, active company established nine years ago. With nine employees and £18,120 in assets, it operates from a virtual address shared by over 900 other companies, managed by one director and one owner. The company regularly imports furniture, lighting, and prefabricated buildings, with its last import activity recorded four months ago. It also operates in the licensed restaurants industries.

The company’s website, Denim Expert Limited, showcases a global denim manufacturer committed to sustainability and innovation. It features a wide range of denim products for men, women, boys, and girls, alongside a focus on ethical manufacturing practices, circularity, and social impact. The website highlights a workforce of over 1,900 employees, a commitment to women’s workforce empowerment, and partnerships with leading brands like HM and Kontoor Brands. The company even has a museum-grade denim archive.

Financially, Denif Ltd’s recent performance presents a mixed picture. Accumulated depreciation on plant and machinery increased by 22%, while cash bank on hand dropped dramatically by 92% to just £1,300. Creditors rose by 27% to £80,000, and net assets plummeted 120% to a negative £6,000. Current assets also decreased by 33%. The company’s small size (meeting two of three criteria for a small company) helps it stay nimble, but the significant drop in equity and the increased reliance on borrowing suggest potential financial pressures. The accounts are unaudited and exempt, and there is no auditor mentioned. It’s possible the company is burning through cash to fuel growth, but the lack of positive profit numbers is concerning.

Registered in England/Wales under the registration number 10018230, 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.