Dmd Imports Ltd

Dmd Imports Ltd, based in Prestwick, UK, is a small, active company founded nine years ago. With £187,674 in assets and a real address at 32 Moorfield Road, it's a family business run by two directors and two owners. The company operates in the retail sale via mail order houses or via internet industries. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company’s website isn't available, so it's difficult to know exactly what they’re selling online. However, the retail sale via mail order and internet suggests an e-commerce presence, likely selling consumer goods directly to customers. Without a website to analyze, it's impossible to determine the sophistication of their online store or marketing efforts.

Financially, Dmd Imports Ltd shows a mixed picture. Current assets increased by 19%, reaching £190,000, while net assets grew by 39% to £130,000. Bank borrowings decreased by 48%, dropping to £11,000, and cash reserves saw a significant jump of 320%, reaching £39,000. Creditors also decreased by 48%, suggesting improved debt management. Trade debtors, however, decreased by 4.3%, which could indicate slower payments from customers. The company’s small size allows for flexibility, but the fluctuating financials are something to keep an eye on. The accounts are unaudited and prepared under the historical cost convention.

It's worth noting that the company’s equity has increased substantially, which is a positive sign. The increase in cash reserves is also encouraging, suggesting improved liquidity. However, the decrease in trade debtors could be a cause for concern, as it may indicate difficulties in collecting payments from customers. Overall, Dmd Imports Ltd appears to be financially stable, but it’s important to monitor its performance closely in the coming months.

Registered in Scotland under the registration number SC532542, with a registered address at KA9 2HW, Scotland, Prestwick, 32 Moorfield Road.

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