Domu Brands Limited

Domu Brands Ltd, based in Salford, UK, is a holding company with an active status, having been incorporated fifteen years ago in October 2009. The company employs 111 people and holds assets valued at £16,634,784. It operates from a real address in Manchester and is overseen by three directors and one owner. Google users have rated it 3.0 out of 5 based on 153 reviews. Domu Brands regularly imports machinery, boilers, and mechanical appliances—parts for 948 months—and exports electrical machinery and equipment for 93 months.

The company's website suggests a focus on home and lifestyle e-commerce, delivering value-led products through dedicated brand websites and partnerships with online marketplaces. It seems to operate through several brands, including Domu Brands itself, and has a presence in various countries, including the US, through subsidiaries like Domu Brands LLC and Domu Inc. The website highlights a commitment to customer experience and a broad range of products, from workwear to home goods.

Financially, Domu Brands Ltd presents a mixed picture. Current assets decreased by 45% to £17 million, while net assets fell by a significant 65% to £24 million. Bank borrowings increased dramatically, rising by 69% to £3 million, and cash reserves dropped 30% to £28 million. Creditors, however, decreased by 18%, indicating improved debt management. The company's turnover is estimated to be around £45 million, with losses deepening to £1.5 million. While the company has no auditor mentioned, it is likely exempt due to its size.

The decline in assets and cash reserves, alongside increased borrowings, suggests Domu Brands may be burning through cash faster than it’s generating revenue. However, the decrease in creditors and the ongoing import and export activity suggest the company is actively managing its operations. The ownership structure, with a single owner and a small number of directors, could indicate a lean management style, but it also raises questions about succession planning.

Registered in England/Wales under the registration number 07047520, with a registered address at M3 7BF, England, Salford, Manchester, The Tower,, Deva City Office Park.

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