Direct Window Supplies Limited

Direct Window Supplies Ltd from Swindon UK is a small holding company with an active status, celebrating 30 years since its founding in 1994. The company employs 36 people and holds assets valued at £2,086,193. It has a real address, is managed by two directors and one owner, and boasts a respectable Google rating of 4.0 based on 19 reviews. The company regularly imports miscellaneous metal items, with its last import operation occurring six months ago.

The business operates as a manufacturer of uPVC windows, doors, and conservatories, as well as aluminium bifolding doors. Its website highlights a focus on "pricing made simple," offering instant online prices and order placement. It emphasizes high-quality products, expert trade support, and a dedication to customer service. The site also features a range of products, including doors, windows, and composite options, and even showcases new aluminium sliding doors. The company’s website also highlights its commitment to providing “wide range of choices and options” and using the Ultion lock as standard.

Financially, Direct Window Supplies Ltd presents a mixed picture. While current assets increased by a modest 3.6% to £2,100,000, bank borrowings surged by a significant 2,400% to £29,000. Cash reserves fell 36% to £500,000, and net losses deepened. Trade debtors ballooned by 33%, suggesting delayed customer payments. Creditors decreased by 6.8%, indicating improved debt management. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

The increase in bank borrowings and decrease in cash reserves, combined with the rise in trade debtors, could indicate the company is burning through cash to fuel growth. However, the decrease in creditors and the increase in assets suggest it’s also managing its liabilities effectively. It’s likely that the company is investing in its business to expand its product offerings and market reach, but it will need to carefully monitor its cash flow to ensure its long-term financial health.

Registered in England/Wales under the registration number 02949607, with a registered address at SN1 4JX, Swindon, Wiltshire, 17 Tithe Barn Crescent, Old Town.

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