Domo Europe Ltd

Domo Europe Ltd, based in London, UK, is a medium-sized company with an active status, having been founded ten years ago in 2014. Employing fifty people and boasting assets of £14,583,848, the company generated £17,075,749 in revenue last year. Despite having a registered address, thirty-nine companies share the same location, raising concerns about its virtual nature. The company is managed by four directors and owned by two individuals, with a family business feel and a solo founder at its core. Domo Europe Ltd is an irregular importer, primarily dealing in electrical machinery and equipment, with a single month of imports recorded since 2016.

The company’s website reveals Domo Chemicals to be a global producer of engineered polyamide materials. It’s not an e-commerce site, but rather a comprehensive resource for professionals in various industries, including automotive, building, and consumer goods. The site offers detailed information on its TECHNYL, STABAMID, DOMAMID, and NYLEO product lines, along with technical data, application examples, and sustainable solutions. Domo Chemicals also provides services like materials science consulting, advanced database access, and injection simulation support. The site’s focus is on B2B marketing and technical sales, not direct consumer sales.

Financially, Domo Europe Ltd’s performance presents a mixed picture. While turnover decreased by 9.7% to £17,075,749, net assets increased by 12% to £11,000,000. Bank borrowings increased by 1,000% to £1,000,000, and cash reserves decreased by 30% to £5,900,000. Creditors decreased by 18%, suggesting improved debt management. The company’s medium size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) allows for agility, but the increase in borrowing and decrease in cash reserves warrants further investigation. There was no auditor mentioned, likely exempt as a medium-sized company.

The company’s irregular import activity and focus on technical sales suggest a specialized role within the broader Domo Chemicals organization. While the financial numbers show some strain, the company's established brand and focus on high-value materials position it for continued success—but the increase in borrowing is something to keep an eye on.

Registered in England/Wales under the registration number 09279498, with a registered address at EC4R 3TT, London, Riverbank House, 2 Swan Lane.

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