Dpm Contractors (uk) Ltd

Dpm Contractors Uk Ltd from London UK: a small, active company founded 10 years ago, employs four people, and holds £2,697,259 in assets. It operates from a virtual address, managed by three directors and two owners, and boasts a respectable Google rating of 4.0 based on two reviews. The company regularly imports stone, plaster, cement, and similar materials, with the latest import occurring in October 2023.

The company’s core business involves floor and wall covering, acting as agents for fuel, ore, metal, and industrial chemical sales, and wholesale of chemical products. Its website, while lacking detailed information, suggests a focus on construction-related services. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Dpm Contractors Uk Ltd shows some concerning trends. Accumulated depreciation impairment property plant equipment increased by 15%, but average employees during the period decreased by 50%, down to just two people. Bank borrowings surged by 28%, reaching £400,000, while cash reserves increased by a modest 9.8% to £88,000. Creditors decreased by a significant 46%, suggesting improved debt management, but other creditors increased by a whopping 560%. Trade debtors fell by 55%, which could be a good sign, but also suggests slower payments from customers. The company’s net current assets liabilities decreased by 26%.

With no auditor mentioned, the figures are unaudited. The decrease in assets and the increase in debt suggest the company may be burning through money, but the decrease in creditors is a positive sign. It’s a small company, and the lack of employees could be a result of cost-cutting measures. The company’s future depends on its ability to manage its debt and maintain its customer base.

Registered in England/Wales under the registration number 09226915, with a registered address at SE18 6SS, London, Wellesley House, Duke Of Wellington Avenue.

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