Doree Bonner Holdings Limited

Doree Bonner Holdings Ltd, based in Manchester, UK, is a holding company with an active status, having been founded eight years ago in 2017. The company employs just three people and holds £10,027 in assets. It's managed by six directors and owned by three individuals, boasting a stellar 5.0 Google rating from 289 reviews. Doree Bonner Holdings is an irregular exporter, primarily dealing in printed materials like books, newspapers, and pictures, with the last export operation dating back to October 01, 2020.

The company operates within the removal services industries, offering a range of services from household moves to office relocations and storage solutions. Its website showcases a focus on UK and international removals, highlighting expertise in packing, storage, and disaster recovery. They even have a piano division, which is a nice touch. The website is well-designed and professional, with a clear emphasis on customer service and quality.

Financially, Doree Bonner Holdings Ltd presents a mixed picture. While cash and cash equivalents increased by a respectable 25%, reaching £1.1 million, net assets decreased by 7.4% to £780,000. Bank borrowings have increased significantly, by 35%, reaching £650,000, and trade creditors have also risen by 18%. Despite these challenges, the company’s small size—with just three employees—allows for agility. The accounts are unaudited, and no auditor is mentioned, which is common for companies of this size.

The significant increase in bank borrowings and decrease in net assets suggest the company may be burning through cash to fuel growth, or perhaps facing increased operating costs. It’s also worth noting that the list of owners was changed five months ago, which could indicate a shift in strategy or ownership structure. The company’s strong Google rating and focus on customer service, however, suggest a solid foundation for future success.

Registered in England/Wales under the registration number 10690791, with a registered address at M2 1HW, United Kingdom, Manchester, C/O A2e Industries Limited, No 1 Marsden Street.

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