Dhs And Sps Limited

Dhs And Sps Ltd from Worksop UK is a small, active company founded 44 years ago in 1980. With 16 employees and £457,801 in assets, it operates from a real address in Nottinghamshire and is overseen by three directors and one owner. The company is an irregular importer of clothing and accessories, not knitted or crocheted (last import in 2020), and an irregular exporter of vehicles, parts, and accessories (last export in 2022). Officially, the company operates in the other service activities incidental to land transportation, n.e.c. industries.

The company’s website is not available, so it’s difficult to determine if they have an e-commerce presence. Given their import and export activities, it's likely they work with suppliers and distributors, potentially acting as a trading agent or wholesaler rather than a direct-to-consumer retailer.

Financially, Dhs And Sps Ltd presents a mixed picture. Current assets have fallen significantly, dropping 45% to £460,000, while cash reserves have also declined by 31% to £460,000. Bank borrowings have decreased substantially, falling by 96%, and creditors have plummeted by 84%, suggesting improved debt management. However, trade debtors have suffered a dramatic 100% drop, leaving only £62, which is a concern. Equity has also decreased slightly, by 6.6%. The company qualifies as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, they are exempt from an audit, so the financial statements are unaudited.

The significant drop in debtors is a notable trend, potentially indicating difficulties collecting payments or a shift in their business model. While the reduction in creditors is positive, the overall decline in assets and cash reserves suggests the company is facing financial pressures. The lack of information about their website and business model makes it difficult to fully assess their long-term prospects, but the financial data hints at a company that's working hard to stay afloat.

Registered in England/Wales under the registration number 01524038, with a registered address at S81 7SA, England, Worksop, Nottinghamshire, 20 Somerton Road.

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