Digi4u Ltd.

Digi4u Ltd from Cardiff, UK, is a small, active company founded thirteen years ago in 2011. Employing twelve people, it holds £899,068 in assets and operates from a real address. With a single director and owner – a solo founder – the company runs an e-commerce site and maintains a stellar 5.0 Google rating based on 62 reviews. It regularly imports electrical machinery and equipment (81 months) and has recently started exporting vehicles, parts, and accessories (3 months).

The company’s website, Digi4u, specializes in phone and tablet replacement parts, tools, and accessories. It offers a wide range of products, from iPhone screens to scooter parts, catering to both individual customers and wholesale partners. The site highlights its commitment to competitive pricing, fast shipping, and a comprehensive selection of brands like Joyroom and Remax. It’s clear they're aiming to be a one-stop shop for tech repair and accessories.

Financially, Digi4u Ltd’s report shows some concerning trends. Cash bank on hand has plummeted by a massive 77%, dropping to just £7,600. Creditors have risen significantly, increasing by 26% to £92,000 within the year. While trade debtors have increased dramatically (1300%), this could indicate a growth in sales but also potential issues with collecting payments. Net assets have also decreased, falling 31% to -£38,000. Bank borrowings have decreased by 41%, which is a positive sign. The company’s small size (meeting two of three criteria for being a small company) helps with agility, but the declining equity is a cause for concern. The report doesn’t mention an auditor, which is common for small, exempt companies.

Overall, Digi4u Ltd seems to be experiencing a period of financial strain, despite its strong online presence and positive customer reviews. Whether it can navigate these challenges and maintain its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 07755197, with a registered address at CF3 2ET, Wales, Cardiff, 3 Waterside Business Park, Lamby Way.

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