Dita Living Ltd

Dita Living Ltd from Manchester UK: a small, active company founded five years ago, employs just one person, and holds £84,475 in assets. It’s a solo founder operation with a real address, managed by one director and owner. The company runs an e-commerce site and irregularly imports furniture, lighting, and prefabricated buildings—just two months of imports were recorded, the last in 2020.

The company’s website showcases a range of premium furniture, including sofas, dining sets, and barstools, with a focus on marble designs and electric reclining options. It emphasizes design, manufacturing, and innovation, and even boasts being “Brand of the Year 2020.” Financing options are available, and the site features a dedicated section for new products and special offers. It’s clear they are trying to build a brand.

Financially, Dita Living Ltd’s recent performance presents a mixed picture. Accumulated depreciation on office equipment increased by 52%, while vehicles saw a whopping 100% rise—a sign of investment. However, the company’s equity plummeted 59%, dropping to just £320, and net assets also declined significantly. Cash reserves, thankfully, jumped 260% to £51,000. Creditors decreased slightly, and trade debtors increased by 29%, which could indicate a need for better cash flow management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is common for small companies.

Overall, Dita Living Ltd seems to be navigating a period of change. While the website suggests a focus on growth and brand building, the financial data reveals some challenges. The drop in equity is concerning, but the increase in cash reserves offers a glimmer of hope. It’s likely the company is reinvesting in its business, but whether it can sustain this level of investment remains to be seen.

Registered in England/Wales under the registration number 12537913, with a registered address at M30 0WD, England, Manchester, 177 Liverpool Road, Eccles.

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