Dept Design & Technology Ltd

Dept Design & Technology Ltd, based in Manchester, UK, is a sizable company with an active status, having been established eighteen years ago in 2007. The company employs 122 people and holds assets valued at £6,424,376. Its yearly revenue is a substantial £12,992,954, indicating a healthy turnover. With two directors and one owner, it operates from a real address and enjoys a perfect 5.0 Google rating based on one review. The company is a regular importer, specializing in clothing and accessories made by knitting or crocheting, with four months of import activity recorded.

Dept Design & Technology Ltd functions as a digital agency, offering a wide range of services. Its website showcases a focus on AI, transformation, brand media, commerce, customer experience, and tech. It works with a diverse portfolio of clients, including eBay, Google, Just Eat Takeaway.com, Uisce Éireann, and Meta. The agency emphasizes its ability to "unlock tomorrow's possibilities" and provides solutions for lead generation, customer experience enhancement, commerce growth, technology scaling, and AI transformation. It’s also a B Corp certified company, committed to climate neutrality and renewable energy consumption.

Financially, the company shows some concerning trends. While cash bank on hand increased significantly by 62% to £1,100,000, current assets took a hit, dropping by 28% to £6,400,000. Trade debtors also increased by 48% to £2,700,000, which could indicate difficulties in collecting payments. Net assets decreased by 39% to £3,900,000, and bank borrowings surged by 2,400% to £1,200,000, suggesting the company is relying more on debt financing. However, creditors decreased by 18%, which could be a positive sign of improved debt management. The company is large, meeting two of three criteria for a large company, and is audited by Hurst Accountants Limited. It’s possible the company is investing heavily in growth initiatives, which could explain the increased debt and decreased net assets, but it’s something to monitor closely.

Registered in England/Wales under the registration number 06175049, with a registered address at M1 6LT, United Kingdom, Manchester, 9th Floor, Bridgewater House, Whitworth Street.

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