D.g.s. (grinding Wheels & Machines) Limited

Dgs Grinding Wheels And Machines Ltd, based in Wolverhampton, UK, is a small, holding company with an active status. Established 58 years ago in 1967, the company employs 14 people and holds assets valued at £609,977. It has a real registered address and is overseen by four directors and one owner. The company regularly imports stone, plaster, cement, and similar material products, with 10 months of import activity recorded, the last in February 2025.

The company’s website, DGS Abrasive Solutions, positions itself as a specialist abrasive solution provider. They source, stock, and advise on abrasive solutions to a wide range of specialised industries, including aerospace, automotive, medical, tooling, and bearing industries. Backed by leading manufacturers like Saint Gobain, Tyrolit, and 3M, DGS offers a wide range of products from precision grinding wheels to superabrasive diamond tooling. The website emphasizes its extensive stock and dedicated technical team, ready to help solve metal removal problems.

Financially, Dgs Grinding Wheels And Machines Ltd shows some concerning trends. Current assets have plummeted by 60%, dropping to £610,000, while net assets have fallen a staggering 80% to £290,000. Cash reserves have also taken a hit, decreasing by 92% to just £96,000. Bank borrowings have increased, and trade debtors have risen significantly, suggesting potential cash flow issues. However, creditors have decreased slightly, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity is a cause for concern. No auditor is mentioned, likely due to its status as a small company.

Registered in England/Wales under the registration number 00896862, with a registered address at WV4 6UA, England, Wolverhampton, Units 4 And 5 Spring Road Industrial Estate, Lanesfield Drive.

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