Desiretech Ltd

Desiretech Ltd from Brentford UK: a small, active company founded 10 years ago, employs one person, and holds £3,212,359 in assets. It’s a solo-founded operation with a real address, overseen by one director and owner. Desiretech operates an e-commerce site and regularly imports and exports plastics and plastic products—56 months of import activity and 33 months of export activity recorded.

The company’s website, while not readily available for detailed analysis, suggests a focus on retail sales via mail order and internet. It operates in the retail sale via mail order houses or via internet industries.

Financially, Desiretech Ltd presents a mixed picture. Current assets decreased by 11% to £3,200,000, while net assets increased by 6.1% to £1,100,000. Bank borrowings decreased significantly, falling 58% to £150,000—a positive sign. Creditors also decreased by 16%, suggesting better debt management. Cash reserves increased by 100% to £200,000, which is good. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in equity is a welcome change. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's regular import and export activity indicates a consistent demand for its products, and the increase in cash reserves provides a cushion against potential challenges. The decrease in bank borrowings is also a positive indicator of financial stability.

Registered in England/Wales under the registration number 09525539, with a registered address at TW8 9DW, England, Brentford, Park Suite, 3rd Floor The Mille, 1000 Great West Road.

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