Domar Solutions Ltd

Domar Solutions Ltd from Hounslow UK is a small, active company founded 14 years ago. With £656,114 in assets and a real address, it's a solo founder operation managed by one director and owner. The company operates an e-commerce site and has a solid Google rating of 4.0 based on 164 reviews, regularly importing electrical machinery and equipment over the last 63 months. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company’s website, Domar CCTV, specializes in the retail sale of audio and video equipment, offering a wide range of CCTV systems and components. From complete kits to individual cameras and recorders, the site caters to both home and business customers. It boasts an extensive catalog with detailed product descriptions, competitive pricing, and free next-day delivery. The website’s design emphasizes ease of use and a comprehensive selection, showcasing a modern e-commerce experience. They even offer a quick knowledge base with tips on CCTV systems.

Financially, Domar Solutions Ltd presents a mixed picture. While cash bank on hand increased by a substantial 83% to £70,000, current assets declined by 54% to £660,000. Debtor levels soared by 340% to £270,000, which could indicate an increase in sales but also potential issues with collections. Creditors also increased significantly, rising by 21% to £1.7 million. Equity, however, decreased by 6.9% to -£1 million, a worrying trend. Bank borrowings also increased, reaching £370,000. The company's small size helps it remain agile, but the decline in equity and the rise in debt raise concerns about its long-term financial health. No auditor is mentioned, which is common for small companies.

In conclusion, Domar Solutions Ltd appears to be a thriving e-commerce business with a strong online presence and positive customer reviews. However, the financial data suggest that it’s burning through cash and relying heavily on credit, which could pose a challenge in the future.

Registered in England/Wales under the registration number 07228620, with a registered address at TW4 6DR, Hounslow, Unit 4 Maple Grove Business Centre, Lawrence Road.

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