Dennis Williams Limited

Dennis Williams Ltd from Bradford UK: a large company with an active status, was founded 69 years ago in December 1955. It employs 151 people and holds assets valued at £10,617,671, generating a yearly revenue of £23,461,475. Based at a real address, the company is led by four directors and owned by Lees Pamela Briony, a solo founder, and operates an e-commerce site. It regularly imports essential oils and perfumes (56 months) and irregularly exports them (1 month).

Dennis Williams Ltd is a sizable player in the wholesale of perfume and cosmetics. Its website showcases a vast range of brands, from L'Oreal to Babyliss, catering to hairdressers, beauty professionals, and retailers. The site’s emphasis on competitive pricing, a wide selection, and quick delivery suggests a focus on efficient e-commerce operations. It’s clear they’re aiming to be a one-stop shop for all things beauty-related.

Financially, the company presents a mixed picture. While turnover remained steady at £23,461,475, current assets decreased by 12% to £10,617,671. Bank borrowings increased by 22%, reaching £2,200,000, and cash reserves fell 15% to £650,000. Despite this, creditors decreased by 15%, which could indicate improved debt management. The company is classified as large, having met two of three conditions: turnover exceeding £36 million, balance sheet total exceeding £18 million, and an average of more than 250 employees. The lack of an auditor is expected for a company of this size.

The company’s irregular export activity, limited to just one month, suggests a focus on importing and domestic sales. The continued growth in revenue, despite the decrease in cash reserves, could be due to increased credit terms or a strategic investment in inventory. It’s possible that the company is navigating a period of growth-related challenges, but its established presence and diverse product range position it well for continued success.

Registered in England/Wales under the registration number 00559042, with a registered address at BD12 7HW, Bradford, West Yorkshire, 9 Kingsmark Freeway, Euroway Trading Estate.

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