Dmg Control Systems Limited

Dmg Control Systems Ltd from Washington UK: a small, active company founded 26 years ago, employs 12 people, and holds £203,763 in assets. It operates from a virtual address, managed by three directors and two owners, and boasts a perfect 5.0 Google rating based on two reviews. The company regularly imports optical and medical tools and devices, with the last import operation occurring six months ago.

The company’s website describes Dmg Control Systems Ltd as providing sales, service, and construction expertise in industrial process control and mechanical electrical engineering. They also offer CAD services and software solutions to a wide range of industry clients, acting as distributors for West Instruments and suppliers for Eurotherm, Dynisco, and RTK equipment. The company operates a quality management system compliant with ISO 9001:2015. Their website highlights a gallery of images and a stock items page, suggesting a focus on showcasing their capabilities and products.

Financially, Dmg Control Systems Ltd presents a mixed picture. Current assets have decreased by a significant 46% to £200,000, while net assets have fallen by 21% to £170,000. Bank borrowings have decreased by 34% to £19,000, and cash reserves have plummeted 71% to £58,000. Creditors have increased by 6.2% to £67,000. 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 agility, but the decline in equity and cash reserves warrants attention. As a small company, the accounts are unaudited, relying on director-reported data.

Overall, Dmg Control Systems Ltd appears to be navigating a period of financial pressure, despite its strong reputation and established presence in the industrial sector.

Registered in England/Wales under the registration number 03676502, with a registered address at NE37 1EZ, Washington, Tyne And Wear, Swallow House, Parsons Road.

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