Deprag Limited

Deprag Ltd from Whitchurch UK: a small, active company founded 21 years ago, employs eight people, and holds assets valued at £1,791,675. With a real address, three directors, and one owner, the company regularly imports and exports machinery, boilers, and mechanical appliances; parts. It’s been importing these items for 215 months, with the last import occurring in February 2025, and exporting for 85 months, with the latest export in September 2024.

The company operates in the manufacture of other general-purpose machinery n.e.c. industries. Its website is currently unavailable, making it difficult to determine the specifics of its online presence and sales strategy.

Financially, Deprag Ltd shows some concerning trends. While net assets increased by 38% to £1,100,000, current assets have dropped significantly by 42% to £1,800,000. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have fallen 27% to £1,100,000. Creditors have decreased by 66%, suggesting improved debt management, but the sharp drop in current assets and the increase in borrowings could indicate a need for cash flow improvements. Trade debtors have also decreased by 69%, which is a good sign. The company is classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The financial statements were audited by Menzies LLP.

The significant decrease in cash reserves and the increase in borrowings might be due to increased investment in inventory or expansion of operations, but it’s also possible that the company is facing challenges in converting sales into cash. It's worth noting that the decrease in trade debtors could be a result of stricter credit terms or faster payment collection.

Registered in England/Wales under the registration number 04925284, with a registered address at RG28 7BP, Whitchurch, Hampshire, Unit B4 Pegasus Court, Ardglen Industrial Estate.

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