Dimerco Express (uk) Limited

Dimerco Express Uk Ltd, based in London, is a small, active company founded 45 years ago in 1980. Employing eight people and holding £388,947 in assets, it operates from a virtual address – a fact highlighted by the presence of 798 other companies registered at the same location. The company is managed by three directors, though no owners are officially listed. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import operation occurring one month ago in March 2022.

The company’s website is not available, so it’s difficult to determine the extent of its online presence or e-commerce activities. It seems to focus on logistics and transportation support.

Financially, Dimerco Express Uk Ltd shows a mixed picture. Current assets have decreased significantly by 49%, dropping to £390,000. Bank borrowings have also increased, and cash reserves have fallen by 50%, leaving just £91,000. Creditors have decreased by 57%, suggesting improved debt management, but net assets have plummeted 91%, resulting in a net liability of £510,000. 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 remain flexible, but the substantial decline in equity raises concerns. The accounts are unaudited, and no auditor is mentioned, likely due to the company's small size.

The company’s trade debtors have also seen a dramatic decrease, suggesting a potential shift in payment terms or a reduction in sales. It’s possible the company is facing challenges in maintaining profitability, though it’s also possible these fluctuations are part of normal business cycles. The lack of a website and the reliance on a virtual address make it difficult to assess the company's long-term viability, but the financial data suggests it’s navigating a period of adjustment.

Registered in England/Wales under the registration number 01489004, with a registered address at W1G 0PW, United Kingdom, London, 14th Floor 33 Cavendish Square.

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