Destination Vinyl Limited
- Small
- Active
- 8 years
- 7 employees
- £518,256 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Destination Vinyl Ltd, based in Selby, UK, is a small, active company founded eight years ago in 2016. With seven employees and £518,256 in assets, it operates from a real address and is led by a single director and owner, Adair Gemma Carole, who is also the solo founder. The company regularly imports wood and wood products, with its last import operation recorded in December 2024. Destination Vinyl Ltd operates within the printing n.e.c. industries.
The company's website is currently unavailable, making it difficult to assess its online presence and sales strategy. It’s unclear if they operate an e-commerce site or primarily serve business-to-business clients.
Financially, Destination Vinyl Ltd shows a mixed picture. Cash bank on hand increased by a significant 42% to £520,000, a positive sign of improved liquidity. However, net current assets liabilities also increased by 11% to £260,000. Creditors rose by a substantial 96% to £260,000, suggesting increased reliance on short-term borrowing. While trade debtors remained steady, the increase in creditors alongside a rise in other taxation and social security payable (up 140% to £230,000) suggests potential cash flow pressures. 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 increase in liabilities warrants attention. The company’s depreciation rate used for motor vehicles and office equipment remains at zero. As a small company, Destination Vinyl Ltd is exempt from an audit, so the financial statements are unaudited.
Registered in England/Wales under the registration number 10302488, with a registered address at YO8 8GS, England, Selby, Unit 6 Acorn Business Centre, Oakney Wood Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Confirmation statement made on 2024-07-28 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-07-30Download 9 pages pdf report
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Confirmation statement made on 2023-07-28 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Destination Vinyl Limited
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