Dps Tableware Limited

DPS Tableware Limited, based in Stone, Staffordshire, is a large company holding a significant position in the wholesale tableware and foodservice equipment sector. Established 24 years ago in 2001, it employs 30 people and boasts assets of £8,243,635, generating a yearly revenue of £15,116,787. The company, active and with a real address, is overseen by six directors and one owner, and operates an e-commerce site with a stellar 5.0 Google rating from five reviews. It’s a regular importer of glass and glassware (172 months) and a regular exporter of ceramic products (88 months).

DPS Tableware’s website showcases a wide range of products, from tableware and cutlery to foodservice equipment, catering to hospitality venues. It highlights expertise, service, and innovation, emphasizing its commitment to providing added value and cost-effective solutions. The site also features a separate section dedicated to 1066 Pianos, indicating a diversification into piano restoration and sales—a surprising and perhaps unrelated venture.

Financially, the company’s performance shows some interesting trends. While current assets increased by 11% to £8,200,000, net assets decreased by 10% to £3,000,000. Bank borrowings have decreased by 100% to zero, and cash reserves have fallen by 77% to £10,000. Creditors have decreased by 11% to £5,400,000. The company’s staff costs have increased by 62% to £1,400,000, suggesting investment in personnel. The company’s turnover increased by 5.4% to £15,000,000. The lack of an auditor is likely due to its size.

These figures suggest DPS Tableware is navigating a period of change. The increase in staff costs and turnover indicates growth, but the decrease in cash reserves and net assets could be attributed to increased investment or working capital requirements. The diversification into pianos, while intriguing, could be a source of additional financial pressure or a strategic move to broaden its revenue streams. The company’s future success will likely depend on its ability to manage these competing forces effectively.

Registered in England/Wales under the registration number 04169373, with a registered address at ST15 0SS, Stone, Staffordshire, Opal Way, Stone Business Park.

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