Domainmaster Limited

Domainmaster Limited, based in Welwyn Garden City, UK, is a small, active company established 26 years ago. With two employees and £48,671 in assets, it’s a modest operation overseen by three directors and a single owner. The company is an irregular importer, with just two months of import activity recorded in 2022, and it operates in the telecommunications industry.

Domain Master’s website reveals a core business: domain name registration and management. It offers services like domain registration, transfer, and WHOIS lookups, catering to both individual users and partner networks. The site boasts a range of domain extensions (.cz, .eu, .sk, .com, etc.) and emphasizes its API for automated requests. It also provides information about planned downtimes and news related to domain registration processes.

Financially, Domainmaster Limited’s report shows a mixed picture. While net assets increased by 63% to £80,000, current assets also jumped by 190% to £49,000. However, bank borrowings surged by 65%, reaching £28,000, and creditors increased by 76%, reaching £330,000. Cash reserves, however, grew significantly by 290%, reaching £42,000. The company's small size—meeting two of three conditions for a small company—helps it remain flexible. With no auditor mentioned (likely exempt due to its size), the financial statements are unaudited.

The company’s increasing debt and creditors, despite growing cash reserves, suggests it may be investing in growth or facing challenges in managing its short-term obligations. The domain registration business, while competitive, benefits from recurring revenue and a global market, so Domainmaster Limited’s future likely hinges on its ability to attract and retain customers.

Registered in England/Wales under the registration number 03586166, with a registered address at SG14 1HD, United Kingdom, Hertford, Hertfordshire, 6-7 Castle Gate Castle Street.

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