Directfirm Limited

Directfirm Limited is a large company based in Essex, UK, active for 29 years, employing 21 people, and boasting assets of £992,583 and yearly revenue of £8,332,708. Founded by solo founder Kumar Nandan, the company operates from a virtual address registered with ten other companies, and is overseen by two directors. It’s a regular importer of drinks, alcohol, and vinegar, with 26 months of import activity recorded.

The company’s primary function is retail sale of automotive fuel in specialised stores, and operates a wholesale business selling beer, wine, and spirits. Its website, Directfirm supply, functions as an e-commerce platform, offering a range of alcoholic beverages and PPE. The site features a catalogue, shop, and bundles, with a focus on wholesale opportunities. Contact information is readily available, including a phone number and mobile numbers for Hanna and Dominic.

Financially, Directfirm Limited’s numbers paint a mixed picture. While revenue remains strong, several key areas show concerning trends. Cash bank on hand decreased significantly by 51%, dropping to £310,000. Bank borrowings increased dramatically, surging 780% to £1.4 million. Creditors also rose sharply, increasing 660% to £1.4 million, suggesting potential cash flow challenges. On the positive side, debtors increased by 150%, indicating improved collection of payments, and depreciation expense increased by 260%, reflecting investment in equipment. The company’s net assets decreased by 3.5% to £6.1 million. The auditor, R Vora & Co Limited, has issued an unqualified opinion, but the significant changes in liabilities warrant close monitoring. The company’s turnover is more than £36 million, and its balance sheet total is more than £18 million, which confirms it’s a large company.

Registered in England/Wales under the registration number 03092512, with a registered address at RM2 5AA, Essex, 6 Carlton Road, Romford.

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