Digett Ltd

Digett Ltd, based in Benfleet, UK, is a small, active company founded five years ago. With just two employees and £15,675 in assets, it operates from a virtual address shared by 68 other companies – a potential red flag. The company is led by three directors and two owners, and boasts a stellar 5.0 Google rating based on nine reviews. It’s an irregular importer, specializing in toys, games, and sports equipment, with the last import activity occurring two months ago in October 2023.

The company's website paints a picture of a passionate entrepreneur, Neil Morecraft, who has a long history in technology and sales. He details a career spanning from print trade to retail, and eventually to founding multiple businesses, including a successful ICT solutions provider, Futurcom. The site emphasizes personal growth, learning from failures, and ultimately finding satisfaction over pure profit. It’s a narrative of resilience and a commitment to helping others, with links to a digital directive company and a social chat app.

Financially, Digett Ltd shows some concerning trends. While current assets increased by 27% to £16,000, net assets declined by 26% to £6,900. Creditors surged by a whopping 79% to £9,600, and bank cash dropped 32% to £8,300. The company’s debt increased, which could be a sign of financial strain. The company’s small size (meeting two of three conditions for a small company) means it’s exempt from an audit, and the numbers are unaudited. The increase in debt is something to keep an eye on. The company’s irregular import activity suggests a potentially volatile revenue stream.

Registered in England/Wales under the registration number 12151604, with a registered address at SS7 2RF, England, Benfleet, Essex, Central Chambers, 227 London Road, Hadleigh.

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