Direct Assembly Solutions Limited

Direct Assembly Solutions Ltd, based in Exeter, UK, is a small, active family business established sixteen years ago. With eight employees and £337,446 in assets, the company operates from a real address and is overseen by three directors and two owners. It’s a tight-knit operation, and the company’s status is active. The company is a irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on September 01, 2023. The company is a irregular exporter, with its top export categories including Electrical machinery and equipment, totaling 1 of months exports. The last export operation took place on April 01, 2022.

The company’s website highlights its services: supplying electronic circuit boards, circuit board assembly services, and metalwork solutions nationwide. They offer a range of services, including sheet metal fabrication and electronics assembly, providing end-to-end B2B solutions. The website emphasizes a unique mix of skills, bringing a mix of skills which deliver manufacturing services helping customers get their products to market, fast, on time, and in full. They even have a presence on Facebook, LinkedIn, and Instagram, and are members of the Federation of Small Businesses and Made In Britain. It seems they are also an approved service centre for KAM Systems Ltd and Bluebell Communication Systems Ltd.

Financially, Direct Assembly Solutions Ltd shows some concerning trends. Current assets have decreased by 52% to £340,000, while net assets have plummeted 89% to just £810. Bank borrowings have increased by 15% to £14,000, and cash reserves have fallen 46% to £33,000. On the positive side, creditors have decreased by 74%, suggesting improved 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Direct Assembly Solutions Ltd seems to be facing some financial pressure, despite its established presence and diverse service offerings. The company’s future depends on its ability to manage its debts and maintain its customer base.

Registered in England/Wales under the registration number 06632638, with a registered address at EX2 8QW, England, Exeter, 3 Exe Units Cofton Road, Marsh Barton Trading Estate.

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