Dimples Limited

Dimples Ltd from Manchester UK: a small, active company founded 16 years ago, employs seven people, and holds £1,600,585 in assets. It’s a real address with five directors and one owner. The company regularly imports prepared feathers, down, and related items; artificial flowers; and human hair products (135 months imported, most recently in October 2024), and exports the same items (39 months exported, most recently in September 2024). It operates in the non-specialised wholesale trade industries.

The company’s website, dimplesltd.co.uk, doesn’t offer much detail beyond contact information and a brief description of its wholesale services. It’s not clear if the company has an e-commerce presence, but it seems to focus on business-to-business trade rather than direct consumer sales.

Financially, Dimples Ltd shows some concerning trends. Cash bank on hand dropped significantly by 64%, down to £140,000, while creditors increased by 70%, reaching £590,000. Trade debtors also decreased by 18%, suggesting potential issues with customer payments. However, current assets did increase by 14%, reaching £1,600,000, and total inventories rose by a substantial 130%, reaching £960,000—perhaps indicating increased stock levels to meet demand. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so these figures are unaudited.

The company’s bank borrowings increased, which could be a sign of increased investment or a need to cover short-term expenses. The rise in creditors, alongside the decrease in cash reserves, suggests the company is perhaps burning through cash faster than it’s bringing it in. The increase in inventories could be a strategic move to secure supplies or a sign of overstocking. The company’s directors, including Sekaleshfar Farhad, are likely working to manage these challenges, but the financial data paints a picture of a company facing some pressure.

Registered in England/Wales under the registration number 06850735, with a registered address at M31 4BX, Manchester, Linco House Manchester Road, Carrington.

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