Direct Manufacturing Limited

Direct Manufacturing Ltd, based in Leeds, UK, is a small, active company founded ten years ago in 2015. Employing 17 people, it holds £480,003 in assets and operates from a real address with three directors, though no owners are officially listed. The company runs an e-commerce site and enjoys a perfect 5.0 Google rating from ten reviews. It’s an irregular importer, primarily bringing in knitted or crocheted fabrics, with the latest import occurring in June 2024.

The company specializes in the manufacture of medical pressure care products, including static mattresses, alternating air mattresses, and seating solutions. Its website highlights a focus on serving the healthcare sector, with dedicated sections for care homes, acute hospitals, and wheelchair services. It even offers custom sizes and bulk order discounts, suggesting a flexible approach to meeting customer needs.

Financially, Direct Manufacturing Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 50%, falling to £130,000, while current assets have also dropped by 9%, settling at £480,000. Trade debtors have increased substantially by 32%, reaching £330,000, which could indicate growing sales but also potential issues with collections. Equity has taken a significant hit, plummeting 46% to £150,000, reflecting losses or reduced retained earnings. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the drop in equity is concerning. The accounts are unaudited, and no auditor is listed.

Despite the financial pressures, Direct Manufacturing Ltd maintains a strong online presence and a positive customer rating. Whether the company can navigate these challenges and continue its growth remains to be seen.

Registered in England/Wales under the registration number 09377773, with a registered address at LS9 0SG, Leeds, 10 Cross Green Approach.

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