Dmd (2000) Limited

Dmd 2000 Ltd from Aberdeen UK: a small, active company founded 24 years ago, employs 23 people, and operates from a real address. With three directors and one owner, it holds a stellar 5.0 Google rating based on 13 reviews. The company is a regular importer of machinery, boilers, and mechanical appliances; parts, with 12 months of import activity recorded.

The company's operations center around the manufacture of plastic packing goods and machining services. It's a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s a family-run operation, with Frederick Mckechnie and Mark Edwin Mckechnie listed as directors.

Financially, Dmd 2000 Ltd’s recent performance presents a mixed picture. Accumulated depreciation for land and buildings remained steady, but other property, plant, and equipment saw a 7.3% decrease. Average employee numbers rose by 13%, indicating growth in operational needs. Bank borrowings were significantly reduced, a positive sign, but cash reserves increased dramatically – a 190% jump to £260,000. Creditors also increased by 42%, suggesting potentially higher short-term liabilities. Notably, corporation tax payable surged by 1600%, a significant spike that warrants further investigation. Trade debtors also increased, implying a potential issue with customer payments.

Despite these fluctuations, the company’s net assets remained relatively stable. The company’s financial statements are unaudited, and no auditor is mentioned, which is common for small companies. Overall, Dmd 2000 Ltd appears to be navigating a period of change, with growth in employee numbers and cash reserves offset by increases in liabilities and a large tax payment.

Registered in Scotland under the registration number SC209826, with a registered address at AB23 8EF, Aberdeen, Aberdeenshire, Unit B C, D Woodside Road, Bridge Of Don.

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