Dhtg Ltd

Dhtg Ltd from London UK: a small, active company founded 13 years ago, employs 34 people, and holds £1,396,423 in assets. It’s a real address with two directors and one owner, who is also the solo founder. The company regularly imports jewelry, precious stones, and metals (204 months), and occasionally exports them (4 months).

Dhtg Ltd operates as a textile wholesaler, connecting style with value. Founded by John Azzolino, a veteran of Mohawk’s import division, the company leverages his extensive experience in textile manufacturing. Azzolino’s background includes 18 years at Mohawk and 20 years in retail buying, informing Direct Home’s focus on competitive pricing and market-driven product development. The company’s website highlights its innovation and extensive product lines, catering to customer needs. It even has showrooms in New York and Georgia, and a warehouse in Calhoun.

Financially, Dhtg Ltd presents a mixed picture. Current assets remained steady at £1,400,000, but net assets took a hit, dropping 26% to -£130,000. Bank borrowings increased significantly, rising 320% to £41,000, while cash reserves declined 68% to £73,000. Creditors also increased, rising 13% to £1,500,000. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the equity decline is concerning. The accounts are unaudited, and there’s no mention of an auditor.

While the company’s textile wholesale business seems to be running smoothly, the financial data suggests it’s burning through money. The lack of profit and the reliance on borrowing raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 07837199, with a registered address at W11 2RH, London, 200 Westbourne Grove.

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