Dms Meats Limited

Dms Meats Limited, based in Walsall, UK, is a small, active family business established four years ago. With four employees and £335,962 in assets, the company operates from a real address and is led by one director and two owners. It’s a regular importer of meat and edible meat offal, with 45 months of import activity recorded, the last being in April 2024.

The company’s website, dmsmeats.co.uk, showcases a wholesale operation specializing in meat and meat products. It seems to be a business-to-business operation, not an e-commerce site for direct consumers. The website lists a wide range of meat products, including beef, lamb, pork, and poultry, catering to restaurants, butchers, and other food service providers. It doesn’s offer online ordering or direct sales.

Financially, Dms Meats Limited presents a mixed picture. While current assets increased by 86% to £340,000, net assets have dramatically increased by 770% to £170,000. Cash reserves, however, fell by 63% to £44,000. Bank borrowings remained steady at -£5,800. Trade debtors increased significantly by 630%, reaching £240,000, which could indicate a reliance on customer payments or potentially, a period of aggressive sales growth. Creditors decreased slightly by 4.8%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to exemption as a small company.

The significant increase in net assets, despite the drop in cash reserves, suggests a potential investment in inventory or equipment. The substantial rise in trade debtors warrants further investigation, as it could indicate challenges in collecting payments. Overall, Dms Meats Limited appears to be a growing business, but it’s important to monitor its cash flow and debt collection practices to ensure long-term financial health.

Registered in England/Wales under the registration number 12656206, with a registered address at WS2 9HQ, England, Walsall, Unit 37 Walsall Enterprise Park, Regal Drive.

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