Digital Micrometers Ltd

Digital Micrometers Ltd, based in Sheffield, UK, is a small, active family business established fifteen years ago. With five employees and £389,639 in assets, it operates from a real address and is managed by two directors and two owners. The company is a regular importer and exporter of optical and medical tools and devices, with 54 months of import activity and 22 months of export activity recorded.

The company’s website showcases a comprehensive range of metrology equipment, including calibration services, bore gauges, calipers, and more. It’s clear that Digital Micrometers Ltd caters to a professional audience, offering expert advice and free next-day delivery on orders over £100. The site highlights over 30 years of industry experience and features a mailing list for updates, and even a UK Mitutoyo catalogue. The company’s product categories are well-defined, with a focus on brands like Mitutoyo, Bowers, and TESA.

Financially, Digital Micrometers Ltd presents a mixed picture. While current assets increased by 26% to £390,000, net assets jumped a substantial 190% to £100,000. Bank borrowings decreased by 15%, and cash reserves increased by 61% to £60,000. However, trade debtors surged by 170%, which could indicate challenges in collecting payments. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debtors warrants attention. The company is exempt from an audit, so the financial information is unaudited. It's clear that the company is doing well, but needs to keep a close eye on its debtors.

Registered in England/Wales under the registration number 07041772, with a registered address at S2 4BB, England, Sheffield, South Yorkshire, Unit 6 Riverside Park, Sheaf Gardens.

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