Dlt Engineering Ltd

DLT Engineering Ltd, based in Higham Ferrers, UK, is a small holding company with an active status, having been founded 25 years ago. Employing 19 people, the company holds assets totaling £7,310,999. It operates from a real address and is managed by two directors and one owner. DLT Engineering Ltd regularly imports machinery, boilers, and mechanical appliances, parts (for six months), and exports the same items (for forty-one months).

The company’s website doesn't offer much insight into its operations beyond its registered name. It appears to be a B2B supplier rather than an e-commerce retailer, focusing on supplying industrial equipment.

Financially, DLT Engineering Ltd has seen some significant shifts. While the company’s assets remain substantial, there's been a noticeable decline. Cash bank on hand has dropped by a considerable 37%, falling to £5,200,000. Current assets have also decreased by 33%, reaching £7,300,000. Interestingly, director remuneration has fallen by 27%, dropping to £330,000. Trade debtors have also seen a sharp decrease, falling by 74% to £510,000. However, bank borrowings have increased, and creditors have fallen, suggesting a shift in debt management. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely reflects its status as a small company, meaning the financial statements are unaudited.

The decline in cash reserves and current assets, alongside the increase in bank borrowings, suggests DLT Engineering Ltd may be facing some financial pressures, although it’s not clear if this is a temporary setback or a more persistent trend. The decrease in director remuneration could indicate cost-cutting measures, and the reduction in trade debtors could be a positive sign of improved collections.

Registered in England/Wales under the registration number 03940897, with a registered address at NN10 8DN, England, Higham Ferrers, Northamptonshire, International House, Midland Road.

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