Digiflex Limited

Digiflex Ltd from Hockley UK: small company, active status, founded 20 years ago, 21 employees, £2,477,125 assets, real address, 2 directors, 1 owner, e-commerce site, google rating 3.0 based on 21 reviews. Regular importer of electrical machinery and equipment (245 months imported). Regular exporter of various textile products, sets, used clothing, and rags (33 months exported). It’s a small, family-run business with a long history, operating an online retail business from its base in Essex. The company, established twenty years ago, employs twenty-one people and holds a respectable £2.48 million in assets. It’s a real address, with two directors and a single owner at the helm, and has a 3.0-star Google rating based on twenty-one reviews. Digiflex is a regular importer of electrical machinery and equipment, with over two hundred import months recorded, and also exports various textile products, sets, used clothing, and rags, with thirty-three months of export activity.

The company’s website, Digiflex, showcases a wide range of lifestyle products, from hair and beauty accessories to DIY tools and garden supplies. It operates as an exclusively online retailer, with over fifteen years of experience selling a diverse range of goods under the brand name TRIXES. The site highlights seasonal categories and popular brands, emphasizing competitive pricing and attractive discount schemes for bulk or regular orders. It also features a blog with product reviews and lifestyle tips. The company values each customer and is dedicated to providing quality products at affordable prices.

Financially, Digiflex Ltd shows some concerning trends. While current assets remain relatively stable at £2.5 million, key metrics paint a picture of a business under pressure. Cash bank on hand has plummeted by 58%, dropping to just £100,000, and net assets have also declined, although less dramatically. Creditors have also decreased, which is a positive sign, but the sharp drop in cash reserves suggests the company is burning through money. The average number of employees has fallen significantly, by 43%, which could be a result of restructuring or economic pressures. It’s a small company, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, which helps it remain agile, but the decline in cash and employee numbers warrants closer attention. There's no auditor mentioned, likely due to its small size, so the financial data relies on unaudited statements.

Registered in England/Wales under the registration number 05170335, with a registered address at SS5 4AD, England, Hockley, Essex, 15 Eldon Way Industrial Estate, Eldon Way.

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