Doubletech Solutions Ltd

Doubletech Solutions Ltd, based in Poole, UK, is a small, active company founded five years ago. With a single employee and £23,535 in assets, it’s a solo founder operation led by one director and owner. The company operates in the retail sale via mail order houses or via internet industries, providing brand management services to businesses of all sizes.

The company’s website highlights a focus on connecting brands and retailers, offering services like distribution introduction, retail sales representation, and promotional planning. It works with a variety of clients, including gaming controller brands, audio equipment manufacturers, and phone accessory companies, and partners with high street retailers and online platforms like Amazon and eBay. It even boasts case studies, like one detailing how it helped Majority Audio become a top-selling soundbar brand in the UK.

Financially, Doubletech Solutions Ltd shows some interesting trends. While current assets have increased significantly, from £8,700 to £24,000, net assets have surged even more, jumping from £410 to a remarkable £9,300. Bank borrowings have disappeared entirely, a positive sign, and cash reserves have risen to £100. However, creditors have also increased, from £8,500 to £14,000, and trade debtors have fallen sharply, from £3,800 to £850. The company’s small size, meeting two of three criteria for a small company, helps it stay nimble. With no auditor mentioned, the figures are unaudited.

The sharp increase in equity suggests a period of growth and profitability, although the rise in creditors needs to be monitored. It seems like Doubletech Solutions Ltd is navigating the challenges of a small business well, leveraging its brand management expertise to support its clients and, apparently, its own financial health.

Registered in England/Wales under the registration number 12426562, with a registered address at BH14 0RP, England, Poole, 148 Ringwood Road.

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