Dlg Shopfitting Ltd

Dlg Shopfitting Ltd, based in London, UK, is a small, active company established 14 years ago. With 11 employees and £1,801,410 in assets, it operates from a real address and is led by a single director and owner, Ucar Dogan. The company has a stellar 5.0 Google rating based on five reviews, and regularly imports machinery, boilers, and mechanical appliances—parts, with 13 months of import activity recorded.

The company specializes in the installation of industrial machinery and equipment, catering to commercial and industrial clients. While a website isn’t currently available, the company’s presence on business directories suggests a focus on contract work and project-based installations. It’s likely a B2B operation rather than a direct-to-consumer business.

Financially, Dlg Shopfitting Ltd presents a mixed picture. Current assets have seen a significant boost, rising 76% to £1,800,000, while net assets have increased by 3.1% to £680,000. However, bank borrowings have decreased by 74%, dropping to £24,000, and cash reserves have surged an impressive 890%, reaching £140,000. Creditors have increased by 46%, rising to £810,000, and trade debtors have increased by 56% to £800,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need to manage supplier relationships carefully. The company is exempt from an audit as a small company.

The substantial increase in cash reserves is a positive sign, indicating improved cash flow management. However, the rise in both creditors and debtors suggests a need to monitor payment cycles closely. It’s possible the company has taken on larger projects, leading to increased work in progress and a corresponding rise in both accounts. The lack of an auditor mentioned means the financial data relies on unaudited director reports, which should be taken with a grain of salt.

Registered in England/Wales under the registration number 07398104, with a registered address at N9 9BU, London, 20 Westerham Ave, Edmonton.

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