Deva Trading Ltd

Deva Trading Ltd, based in Chester, UK, is a small holding company with an active status, having been founded 24 years ago. The company employs five people and holds assets valued at £2,102,775. It operates from a virtual address, registered at a location shared by 45 other companies, and is managed by three directors and one owner. Deva Trading is a regular importer, specializing in electrical machinery and equipment, with 235 months of import activity recorded, the last in February 01, 2025.

The company’s website, Deva Trading Global Cable Distribution, positions itself as a specialist supplier of customized and standard copper cables, boasting 50 years of combined experience in the cable industry. It caters to a wide range of markets, including audio, structured wiring, BMS, HVAC, TV satellite, and telecommunications, supplying both bespoke and commodity cables. The site details a five-step process for customers, from initial enquiry to final shipment, and highlights its ability to deliver cables to exacting specifications, often under non-disclosure agreements. The company even has a blog, posting news about CPR certification and rubber cable availability.

Financially, Deva Trading Ltd presents a mixed picture. While cash reserves increased by a substantial 54% to £820,000, current assets only rose by 17% to £2,100,000. Trade debtors increased by 39% to £270,000, suggesting potential delays in receiving payments. Bank borrowings remained stable at £270,000, and creditors increased by 21% to £560,000. 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 creditors warrants monitoring. The company’s net assets grew by 13% to £1,500,000, which is a positive sign. No auditor is mentioned, likely due to its status as a small company, meaning the financial statements are unaudited. Overall, Deva Trading Ltd appears to be a stable, albeit potentially stretched, operation, relying on its specialized cable expertise and global network to maintain its position in the market.

Registered in England/Wales under the registration number 04153393, with a registered address at CH1 2AU, England, Chester, 24 Nicholas Street.

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