Dg Multibao Limited

Dg Multibao Limited, based in Altrincham, UK, is a small, active company established five years ago in June 6, 2019. With seven employees and £1,198,625 in assets, it operates from a real address and is overseen by one director and two owners. The company is a regular importer of electrical machinery and equipment, with 124 months of import activity recorded, the last operation occurring in January 2025. Its core business involves retail sale via mail order houses or via internet industries.

Dg Multibao Limited’s website is not available, so it’s difficult to determine the specifics of its online presence. However, the company’s focus on importing electrical machinery suggests a B2B model, supplying businesses with equipment rather than directly selling to consumers.

Financially, Dg Multibao Limited shows some concerning trends. While current assets remain stable at £1.2 million, equity has plummeted to -£190,000, a significant drop from previous years. Bank borrowings have increased by 46%, reaching £990,000, and cash reserves have fallen dramatically to just £34,000. Creditors have also increased by 24%, reaching £1.4 million. The number of employees has risen to 11, a 57% increase, which may reflect growing demand or increased operational costs. 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 agility, but the negative equity is a worry. With no auditor mentioned, the unaudited figures rely on director-reported data.

In short, Dg Multibao Limited is facing financial pressures despite its ongoing import activity. The increase in borrowing and the sharp decline in equity suggest the company is burning through cash, and the rise in employee numbers may be contributing to these challenges.

Registered in England/Wales under the registration number 12045710, with a registered address at WA14 5HH, England, Altrincham, Multibao House, Caspian Road, Atlantic Street,, Broadheath.

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