Dm Systems Group Limited

Dm Systems Group Ltd, based in Letchworth Garden City, UK, is a small holding company with an active status, established 14 years ago. Employing 40 people, the company holds £2,407,213 in assets and operates from a real address with two directors and two owners. It’s a regular importer and exporter of optical and medical tools and devices, with 56 months of import activity and 33 months of export activity recorded.

The company’s website highlights its focus on driving performance in defence, industry, and telecoms. It offers calibration services, system design, and telecommunication solutions, catering to both the Ministry of Defence and commercial industries. Their website also points to a telecommunications division, selling personal RF monitors and providing services for Arqiva. They even have a division specializing in piano restoration.

Financially, Dm Systems Group Ltd’s recent performance shows a mixed picture. Current assets have fallen significantly by 59%, dropping to £2.4 million, while net assets have also decreased by 60%, reaching £1.3 million. Bank borrowings have increased, and cash reserves have plummeted by 97%, leaving just £20,000. However, trade debtors have also decreased, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity raises concerns. The company’s accounts are unaudited, and no auditor is mentioned.

Overall, Dm Systems Group Ltd appears to be navigating a challenging period, with a need to manage its finances carefully. The company’s diverse business interests – from calibration to telecoms to piano restoration – could be a strength, but also require careful coordination and resource allocation.

Registered in England/Wales under the registration number 07273959, with a registered address at SG6 1TN, Letchworth Garden City, Hertfordshire, Unit 3 Iceni Court, Icknield Way.

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