Didactic Services Limited

Didactic Services Ltd from Tunbridge Wells UK: small company, active status, founded 14 years ago, 8 employees, £3,049,377 assets, virtual address, 1 director, 1 owner. Irregular importer of optical and medical tools and devices (2 months imported). This small business, operating in the engineering and technical consulting sector, has been a presence in Tunbridge Wells for over a decade. It’s classified as a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s status is active, and it’s led by one director and owner, Jahanbani Babak. Notably, the registered address is a virtual one, shared by 68 other companies, which can be a red flag.

The company’s website, didactic-services.co.uk, showcases a focus on engineering-related services, with a particular emphasis on technical consulting. While the site doesn't explicitly mention e-commerce, it does highlight the company's expertise and experience in various engineering fields. There's a clear attempt to present a professional image, but the site lacks detailed product or service descriptions, suggesting a focus on bespoke consulting rather than standard offerings.

Financially, Didactic Services Ltd exhibits a mixed picture. While current assets have decreased slightly to £3 million, the company has significantly increased its cash reserves, now standing at £1.5 million—a 66% growth. However, net losses have remained constant at £1.6 million, and bank borrowings have risen sharply by 2,400%, reaching £29,000. Creditors have also decreased by 64%, suggesting better debt management. The company’s property, plant, and equipment have seen a dramatic increase, with computer equipment growing by 19%, furniture fittings by a staggering 750%, and motor vehicles by 90%. The lack of an auditor mentioned, likely due to its small size, means these figures are unaudited.

Despite the increase in assets and cash, the consistent losses and increased borrowings raise concerns. The company’s reliance on a single director and owner, coupled with the virtual address, could also indicate management or operational vulnerabilities. While the company’s growth in property, plant, and equipment suggests investment and expansion, it’s unclear whether this is translating into increased profitability.

Registered in England/Wales under the registration number 07272600, with a registered address at TN4 8AS, England, Tunbridge Wells, Kent, Ward Mackenzie , Thatcher House, 12 Mount Ephraim.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.