Dexcrest Limited

Dexcrest Limited, based in Barnet, UK, is a small, active company with a long history, having been founded 49 years ago in 1975. The company, which has two directors and a single owner (solo founder Nigel Pickard), employs just four people and holds assets totaling £1,106,783. It operates from a virtual address – 74 other companies are registered at the same location – and is primarily an irregular importer of vehicles, parts, and accessories, with the last import activity recorded 19 months ago in April 2018.

The company’s website, Dexcrest Consulting Engineers, reveals a focus on providing consultancy services to the global energy sector. They specialize in project completions, commissioning, functional safety, and operations, catering to major players like Shell, Chevron, BP, and ExxonMobil. The site highlights their expertise in mechanical completion, startup assistance, and technical documentation, positioning them as a reliable partner for complex energy projects. The company's purpose is to provide quality solutions through innovation, inspiration, dedication and competence.

Financially, Dexcrest Limited shows a mixed picture. While current assets increased by 12% to £1,100,000, net assets decreased slightly to £290,000. Cash bank on hand took a significant hit, dropping 22% to £210,000. Trade debtors increased substantially, rising 24% to £900,000, while creditors also climbed 23% to £580,000. Depreciation charges for property, plant, and equipment remained consistent. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in cash reserves and rise in debtors suggest a need for careful financial management. No auditor is mentioned, indicating the company is exempt from an audit as a small company. The company's financial statements were prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Registered in England/Wales under the registration number 01233636, with a registered address at EN5 5TZ, Barnet, Hertfordshire, 1 Beauchamp Court, Victors Way.

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