Dick's Edinburgh Ltd

Dick's Edinburgh Ltd, based in Dalkeith, UK, is a small, active company founded thirteen years ago. With nine employees and £236,682 in assets, it operates from a virtual address – a point of note as seventy other companies share the same address. The company is owned by Dick Andrew Stephen and Schade Ulrike, who also serve as its directors. It's a regular importer and exporter of clothing and accessories, excluding knitted or crocheted items, with 288 months of import activity and 26 months of export activity recorded. The company’s website showcases a curated selection of menswear and womenswear, alongside a collection of home accessories and periodicals, with a focus on quality and British craftsmanship.

The website, 1066 Sales Ltd, reveals a strong e-commerce presence, offering a wide range of products and emphasizing customer service. It’s clear that Dick’s Edinburgh Ltd operates a retail business, with a focus on online sales and a commitment to providing a high-quality shopping experience. The website’s design and content suggest a brand that values heritage and style.

Financially, Dick’s Edinburgh Ltd presents a mixed picture. While current assets remain stable at £240,000, equity has significantly decreased by 45% to £54,000. Bank overdrafts have increased substantially, rising by 140% to £130,000, which could indicate increased borrowing to support operations. Creditors have also increased by 38% to £200,000, suggesting a reliance on short-term financing. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the decline in equity and increased borrowing raise concerns about its financial health. The lack of an auditor mentioned, as is common for small companies, means the figures are unaudited.

The significant increase in bank overdrafts, coupled with the decrease in equity, suggests that Dick's Edinburgh Ltd is burning through cash. While the company's online presence and product selection are appealing, it will need to manage its finances carefully to ensure its long-term sustainability.

Registered in Scotland under the registration number SC422529, with a registered address at EH22 3NX, Scotland, Dalkeith, 30/5 Hardengreen Industrial Estate.

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