Denison Mayes Group Limited

Denison Mayes Group Ltd from Leeds, UK, is a small holding company with an active status, having been founded 26 years ago in 1998. The company employs twelve people and holds £2,247,812 in assets. It has a real address, three directors, and one owner. Denison Mayes Group regularly imports and exports optical and medical tools and devices, with 14 months of import activity and 9 months of export activity recorded.

The company’s website indicates it operates from 98 Church Street, Hunslet, Leeds, and offers telephone, facsimile, email, and website contact details. It’s a business that seems to be focused on sales, with a clear emphasis on customer service.

Financially, Denison Mayes Group shows some interesting trends. While cash bank on hand dropped by 32% to £930,000, current assets increased by 11% to £2,200,000. Trade debtors rose significantly, increasing by 120% to £1,300,000, which could indicate a growth in sales but also a potential challenge in collecting payments. Creditors also increased by 12% to £600,000, suggesting the company is utilizing credit to manage its operations. The company’s net assets increased by 12% to £1,700,000. The number of employees increased slightly, rising by 8.3% to thirteen. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The lack of a mention of an auditor suggests the accounts are unaudited, which is common for small companies.

The company’s financial data also reveals a decline in accumulated amortisation impairment intangible assets, falling by 14.0%. The company’s future minimum lease payments under non operating leases decreased by 15%, which could be a positive sign for cash flow. The company's description of principal activities is missing, which is a bit odd.

Registered in England/Wales under the registration number 03598085, with a registered address at LS10 2AZ, England, Leeds, 98 Church Street, Hunslet.

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