Depositor Solutions Limited

Depositor Solutions Ltd, based in Bradford-On-Avon, UK, is a small, active company founded seven years ago. With just two employees and £45,512 in assets, it’s a modest operation overseen by two directors, although no owners are officially listed. The company has a real address and regularly imports machinery, boilers, and mechanical appliances – parts, with 12 months of import activity recorded.

The company’s core business revolves around the manufacture of machinery for food, beverage, and tobacco processing, as well as the installation of industrial machinery and equipment. While no website is listed, this suggests a business-to-business model, likely supplying equipment to larger food and beverage companies. The absence of a website could indicate a focus on direct sales and relationships rather than online retail.

Financially, Depositor Solutions Ltd presents a mixed picture. While current assets increased slightly to £46,000, net assets saw a dramatic surge, jumping 1300% to £5,500. Bank borrowings increased by 5.6% to £38,000, and cash reserves fell 88% to just £1,600. Trade debtors increased significantly by 380%, indicating a possible reliance on customer payments. Creditors also decreased, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp increase in net assets and the decline in cash reserves warrant further scrutiny. No auditor is mentioned, consistent with its status as a small, exempt company.

The company's reliance on imports and its niche focus on industrial machinery suggest a business operating within a specific supply chain. The lack of owners reported could be a common practice for small businesses, but it's worth noting. Overall, Depositor Solutions Ltd appears to be navigating a period of change, with both positive and concerning financial trends.

Registered in England/Wales under the registration number 11104702, with a registered address at BA15 1NT, United Kingdom, Bradford-On-Avon, Wiltshire, 207 Winsley Road.

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