Devoaim Limited

Devoaim Ltd from Carlisle UK is a small, active company founded 41 years ago, in 1984. It employs just two people and holds £157,732 in assets, operating from a virtual address – a fact highlighted by the presence of 59 other companies registered at the same location. With three directors and a single owner, who is also the solo founder, Devoaim Ltd maintains a stellar 5.0 Google rating based on one review. The company is a regular importer of plastics and plastic products, with four months of import activity recorded.

The company operates in the wholesale of other fuels and related products industries. Its website, while not providing detailed e-commerce information, reveals a business focused on distribution and potentially B2B sales. The company has a real registered address, but the address is probably virtual.

Financially, Devoaim Ltd’s numbers paint a mixed picture. Cash bank on hand dropped by 26%, falling to £64,000, while creditors decreased by 5.4% to £83,000. Current assets also declined by 9.5%, settling at £160,000. Trade debtors increased by 3.8%, reaching £64,000. Equity also decreased by 14%, falling to £75,000. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), and the lack of an auditor suggests it’s exempt from an audit.

While the company's long history and positive Google rating suggest stability, the decrease in cash reserves and equity raise questions about its financial health. It's likely the company is facing some challenges, but its small size and established presence could help it weather the storm.

Registered in England/Wales under the registration number 01793444, with a registered address at CA1 2SA, United Kingdom, Carlisle, Cumbria, Sterling House, 3 Wavell Drive, Rosehill Industrial Estate,.

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