Digitrains Ltd

Digitrains Ltd, based in Lincoln, UK, is a small, family business with an active status, celebrating 20 years since its founding in 2005. Employing just four people, the company holds £256,300 in assets and operates from a real address. With three directors and two owners, it’s a tight-knit operation, managing an e-commerce site and boasting a stellar 5.0 Google rating from 128 reviews. The company is a regular importer of toys, games, and sports equipment, with 68 months of import activity recorded, the latest in July 2024.

The Digitrains website is a comprehensive resource for digital command control (DCC) enthusiasts. It offers a wide range of products, including DCC systems, locos, rolling stock, sound files, and accessories. The site also features a DCC guide, FAQs, and a YouTube channel showcasing product demonstrations and active drive sounds. The company even has a showroom in Harrods, London. It’s clear they’re aiming to be a one-stop shop for model railway hobbyists.

Financially, Digitrains Ltd presents a mixed picture. While current assets increased by 28% to £260,000, net losses deepened from -£10,000 to -£23,000. Bank borrowings surged by 67%, reaching £2700, and cash reserves fell 30% to £50,000. Creditors increased by 68%, suggesting a need for better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It’s clear that Digitrains Ltd is holding steady, but facing pressures. The company's focus on specialist products and excellent customer service, however, should help them navigate these challenges and continue to serve the model railway community.

Registered in England/Wales under the registration number 05337082, with a registered address at LN5 8LQ, England, Lincoln, 15 Clifton Street.

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