Dps Trading Ltd

Dps Trading Ltd is a small, active company based in London, UK, founded eight years ago in 2016. With just one employee and £100,799 in assets, it's a family business led by a solo founder and managed by a single director. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not detailed, suggests a focus on online retail. It’s unclear if they have a physical store or if all sales are conducted online. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but also presents challenges in scaling.

Financially, Dps Trading Ltd shows a mixed picture. Cash bank on hand has dropped significantly by 61%, falling to £39,000. Creditors have also decreased by 32%, which could indicate improved debt management. However, the most concerning trend is the substantial decrease in equity, plummeting 250% to -£10,000. This suggests the company is burning through cash faster than it’s generating revenue, and the deferred tax asset debtors are also increasing. The increase in corporation tax payable, despite the decrease in corporation tax recoverable, is also a point of concern.

The company’s trade debtors have increased by 23%, which could be a sign of delayed payments from customers. The company’s net current assets liabilities are also negative, which means that the company’s current liabilities exceed its current assets. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Dps Trading Ltd appears to be facing financial headwinds. While the online retail sector can be lucrative, the company’s current trajectory suggests it needs to carefully manage its expenses and find ways to increase revenue.

Registered in England/Wales under the registration number 10375215, with a registered address at NW7 3QT, England, London, 81 Millway.

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