Dft Group (uk) Ltd
- Small
- Active
- 4 years
- 3 employees
- £762,693 (assets)
- Virtual address
- 2 directors
- 1 owner
- Irregular 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
Dft Group (uk) Ltd is a small, active company registered in London, UK, founded four years ago in November 2020. With three employees and £762,693 in assets, it operates from a virtual address—an address shared by over 8,000 other companies—and is led by two directors and a solo founder, Daniels Simon. The company is irregular importer, primarily dealing in toys, games, and sports equipment, with just two months of import activity recorded as of February 2022.
The company's website reveals a far larger operation: a Dubai-based Lifestyle Investments Company called DFT Group, operating across ten countries in Sub-Saharan Africa. This parent company boasts a diverse portfolio, including lottery, online betting, casinos, and restaurant businesses, managed by “highly professional teams.” It’s a significant contrast to the UK-based entity’s seemingly smaller scale. The website emphasizes its reach and ambition, managing seven brands and catering to a combined population of over 600 million people.
Financially, Dft Group (uk) Ltd presents a mixed picture. While the company’s assets remain substantial, several key metrics have declined. Cash bank on hand fell by a significant 57%, dropping to £99,000. Trade debtors have increased substantially, rising by 550% to £360,000, which could indicate delayed payments from customers. On the positive side, creditors decreased by 93%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in net assets, from £64,000 to £86,000, raises questions. There’s no auditor mentioned, likely due to the company’s exemption as a small entity.
Overall, Dft Group (uk) Ltd appears to be a small subsidiary of a much larger international investment group. While it maintains a solid asset base, the financial data suggests a period of adjustment, and the reliance on a virtual address and lack of employee data points to a lean, possibly digitally-focused operation.
Registered in England/Wales under the registration number 13031149, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 75%+
-
Resident of South Africa
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 4 years
- 1
-
Resident of South Africa
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-02-29Download 9 pages pdf report
-
Confirmation statement made on 2024-07-10 with updatesDownload 4 pages pdf report
-
Director's details changed for Mr Damian Botoulas on 2024-06-28Download 2 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Dft Group (uk) Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!