Dnact Ltd

Dnact Ltd is a small, active company based in London, UK, founded three years ago. With a single employee and £59,036 in assets, it operates from a virtual address, managed by a solo founder who also serves as director and owner. The company’s status is active, and it was incorporated on August 12, 2021.

Dnact Ltd’s website reveals a focus on conveyancing services. It’s positioned as a provider of instant quotes and expert advice for property law matters, catering to both buyers and sellers. The site emphasizes online convenience, with features like a Case Tracker for real-time progress updates and video conferencing support. The company boasts a high Google rating and highlights its large team (over 530 people), despite its small size. It’s a direct conveyancer, handling a significant portion of remortgage transactions in the UK.

Financially, Dnact Ltd shows a mixed picture. Current assets increased by 39% to £59,000, while net assets also rose by 54% to £39,000. Cash bank on hand increased by 15% to £36,000. However, trade debtors increased significantly, by 110% to £23,000, which could indicate challenges in collecting payments. Creditors also increased by 33% to £23,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, relying on unaudited financial statements.

The company’s operations appear to be expanding, with a focus on online convenience and customer service. However, the increase in trade debtors suggests a need to manage cash flow effectively. It's likely that the company is investing in its online platform and marketing efforts, which could be contributing to the rise in creditors.

Registered in England/Wales under the registration number 13563250, with a registered address at N5 2ER, United Kingdom, London, Office 403, Screenworks 22 Highbury Grove.

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