Doricmor Limited

Doricmor Limited, based in Edinburgh, UK, is a small, active company established 34 years ago in 1990. With six employees and £155,123 in assets, it operates from a real address and is overseen by three directors and one owner. Google users rate it a perfect 5.0 based on six reviews. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances—parts, with just one month of import activity recorded as of August 2018. It also operates in the printing n.e.c. industries.

The company’s website is not available, so it’s difficult to determine the extent of its online presence or e-commerce activities. It appears to be a more traditional, business-to-business operation rather than a direct-to-consumer retailer.

Financially, Doricmor Limited presents a mixed picture. While net assets increased significantly by 530%, reaching £64,000, cash reserves also grew substantially by 83% to £46,000. Bank borrowings decreased slightly by 14%, and creditors remained relatively stable. Trade debtors, however, increased dramatically by 100%, suggesting potential issues with customer payments or an expansion of credit terms. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increased debtors warrant a closer look. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s increase in net assets is a positive sign, but the growth in debtors could be a concern. It's possible that the company is experiencing a period of growth, but it needs to manage its receivables effectively to maintain financial stability. The directors, Wright Stewart Ross, Pollock David, and Mackay Colin, will need to keep a close eye on these trends to ensure the company’s long-term success.

Registered in Scotland under the registration number SC126138, with a registered address at EH5 1QT, Scotland, Edinburgh, Unit 7, West Shore Business Centre, Long Craig Rigg.

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