Dr. Leather Limited

Dr. Leather Limited, based in Bradford Abbas, UK, is a small, family-run holding company with an active status. Established fifteen years ago in 2010, the company employs just two people and holds £134,611 in assets. It operates from a real address and is overseen by two directors and three owners. The business regularly imports soaps, cleaning products, and waxes (for eight months), and exports the same items (for sixteen months), with the latest export activity recorded in February 2025.

The company's website is currently unavailable, making it difficult to determine the full scope of its operations beyond the import/export activities. It appears to be operating in the "other business support service activities n.e.c." industry.

Financially, Dr. Leather Limited presents a mixed picture. While current assets increased by a modest 54% to £130,000, net assets experienced a dramatic 95% decrease to just £2,100. Bank borrowings remained stable, but cash reserves plummeted 90% to a mere £770. Creditors increased significantly by 110% to £160,000, and trade debtors nearly doubled, reaching £130,000. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the substantial drop in equity is concerning. It’s worth noting that the company’s financial statements are unaudited, and no auditor is mentioned.

The sharp decline in retained earnings suggests the company may be burning through cash, possibly due to increased operating expenses or a slowdown in sales. The rise in trade debtors could indicate difficulties in collecting payments from customers. While the import/export business seems to be ongoing, the company's financial health warrants close monitoring.

Registered in England/Wales under the registration number 07209577, with a registered address at DT9 6RF, Bradford Abbas, Dorset, Ruskin House, Church Road.

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