Dqt Limited
- Small
- Active
- 14 years
- 9 employees
- £306,875 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Dqt Limited, based in London, UK, is a small, active company founded 14 years ago in 2010. With nine employees and £306,875 in assets, it operates from a virtual address—a detail flagged by the fact that 8941 other companies are registered at the same location. The company is led by two directors and owned by a solo founder, Andrew Standring James. Dqt Limited runs an e-commerce site specializing in ties, bow ties, waistcoats, and related accessories, importing clothing and accessories (excluding knitted or crocheted items) for 49 months, with the latest import in January 2025.
The company’s website, Dqt, showcases a wide range of products, from classic ties to pocket squares, catering to both men and boys. It offers various styles, patterns, and fabrics, including silk, linen, and microfibre, with a focus on wedding wear and accessories. The site is well-designed and user-friendly, with clear product categories and a blog offering styling tips and fashion advice. It's clear Dqt is aiming for a premium, specialist market.
Financially, Dqt Limited has experienced some challenges. Current assets have decreased by 15% to £310,000, and net assets have fallen 16% to £230,000. Cash reserves have dropped significantly by 43% to £120,000, while bank borrowings have increased. Creditors have also decreased, suggesting some improvements in managing short-term debts. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, and the financial statements are unaudited. The decrease in assets and cash, however, raises concerns about its ability to maintain operations. The company's trade debtors have fallen to zero, which could be a good or bad sign. It's hard to say.
Despite these financial pressures, Dqt Limited's e-commerce presence and niche product offering suggest it has potential. Whether it can overcome these challenges and sustain its growth remains to be seen.
Registered in England/Wales under the registration number 07321099, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Standring Andrew James
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Standring Andrew James
- 14 years
- 2
-
Resident of United Kingdom
-
Individual
- Standring Louise Kelly
- 14 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Unaudited abridged accounts made up to 2024-03-31Download 10 pages pdf report
-
Confirmation statement made on 2024-07-21 with updatesDownload 5 pages pdf report
-
Director's details changed for Mrs Louise Kelly Standring on 2024-05-13Download 2 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Dqt Limited
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