Dramco Limited

Dramco Limited from Abingdon, UK, is a small holding company with an active status, established 20 years ago. The company employs 12 people and holds £847,883 in assets. It’s a real address, managed by three directors and two owners, and currently has a 2.0 Google rating based on 11 reviews. Dramco is a regular importer of machinery, boilers, and mechanical appliances, with 64 months of import activity recorded.

The company operates in the retail sale via mail order houses or via internet industries. 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, and employees less than 50. The website is not available, so it’s hard to know exactly what they’re doing.

Financially, Dramco Limited shows a mixed picture. Current assets increased by 30% to £850,000, while net assets decreased by 29% to £76,000. Bank borrowings decreased by 92%, reaching £2,900, and cash reserves increased by 19% to £340,000. Creditors increased by 43% to £790,000. The company’s small size helps it remain agile, but the equity drop raises some questions. The figures are unaudited, as the company is exempt. The company has a lot of debt, but it also has a lot of cash. It’s hard to say what the future holds for Dramco Limited, but it’s clear that the company is facing some challenges.

Registered in England/Wales under the registration number 05193915, with a registered address at OX14 1DY, United Kingdom, Abingdon, Oxford, 17 Blacklands Way.

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