Dincer Logistics Limited

Dincer Logistics Limited, based in London, UK, is a large, active company founded three years ago. With 126 employees and £5,786,564 in assets, it operates from a real address and is led by one director and a solo founder. Its Google rating stands at a respectable 4.0 based on 20 reviews. The company is a regular importer of optical and medical tools and devices, with recent activity recorded three months ago.

The company's website is currently unavailable, making it difficult to determine the exact nature of its operations beyond the import activities. However, the company operates in the operation of warehousing and storage facilities for land transport activities industries.

Financially, Dincer Logistics Limited presents a mixed picture. While net assets increased by 330% to £640,000, indicating improved equity, several areas raise concerns. Bank borrowings surged by 2300% to £290,000, and cash reserves fell 490% to £890,000. Creditors increased by 91% to £1,800,000, and trade debtors increased by 890% to £140,000. The company’s average number of employees decreased by 6.3% to 120. The company's turnover decreased by 9.3% to £12,000,000. The accounts are audited by Alliotts LLP.

These figures suggest Dincer Logistics Limited may be burning through cash to fuel growth, or it could be facing challenges in managing its working capital. The increase in borrowings and the rise in trade debtors could indicate difficulties in collecting payments, while the decrease in cash reserves highlights a need for improved financial planning. The company’s large size (meeting two of three conditions for turnover over £36 million, balance sheet total over £18 million, and employees over 250) suggests it’s operating at scale, but the financial pressures need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 13347745, with a registered address at EN8 7LX, United Kingdom, London, Unit A-B-C Monro Industrial Estate, Waltham Cross.

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