Diverse Products (scotland) Ltd.

Diverse Products Scotland Ltd, based in Edinburgh, UK, is a small, active company established 29 years ago. With 16 employees and £858,095 in assets, it operates from a virtual address, a detail that’s a bit unusual as 148 companies share the same location. The business is led by two directors and one owner, Keith Lonsdale, who also appears to be the sales and marketing manager. It boasts a stellar 5.0 Google rating based on two reviews. The company regularly imports electrical machinery and equipment, with the last import operation recorded in March 2024.

The company’s website, salesdiverseproducts.co.uk, is a fully functioning e-commerce platform. It’s a stock management solution provider, offering a wide range of industrial products, from ear defenders and metal buckets to safety glasses and power tools. The site allows customers to sign in, view orders, and manage addresses. It's clear the company is focused on B2B sales, catering to a diverse range of industries. There’s a lot of products listed, and the website seems well-maintained.

Financially, Diverse Products Scotland Ltd shows some concerning trends. Accumulated depreciation for computer equipment grew by 8%, while furniture fittings saw a 15% increase. The company's bank borrowings have completely vanished, a positive sign, but cash reserves decreased by 2.3%. Creditors have decreased by 12%, which is good, but trade debtors have dropped by 16%. Equity has increased by 110%, which is a positive sign. 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 drop in cash reserves and the large amount of trade debtors raises questions. The company is audited by an accountants report.

Overall, Diverse Products Scotland Ltd appears to be a well-established, albeit small, business with a strong online presence. However, the financial data suggests it may be facing some challenges in managing its cash flow and collecting payments. It’s a bit odd that the company has so many trade debtors.

Registered in Scotland under the registration number SC164608, with a registered address at EH2 4JN, Edinburgh, 4th Floor 115 George Street.

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