Dreams Tech Ltd

Dreams Tech Ltd from Ilford UK: small company, active status, founded 9 years ago, 5 employees, £7,750 assets, real address, 1 director, 1 owner, solo founder, e-commerce site, google rating 5.0 based on 5 reviews. It’s a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and five employees.

The company’s website, while not explicitly detailed in the provided data, suggests a focus on e-commerce. It’s likely the company sells products online, leveraging its Google rating to attract customers. The absence of a detailed website description means it’s difficult to determine the exact nature of its offerings, but the e-commerce site is a key element of its operations.

Financially, Dreams Tech Ltd presents a mixed picture. Current assets have increased by 33%, reaching £7,800, while net assets have improved by 17%, standing at -£19,000. Creditors have decreased by 9%, falling to £37,000. Cash on hand has seen a significant boost, rising to £550. While the company's small size and limited assets suggest a modest scale of operations, the improvement in cash reserves and reduction in creditors is a positive sign. The company's accounts are unaudited and prepared under the historical cost convention, which is common for small entities. It's worth noting that the company's equity remains negative, indicating accumulated losses—a common situation for newer businesses. The lack of an auditor mentioned is typical for companies exempt from an audit due to their size.

Registered in England/Wales under the registration number 10007186, with a registered address at IG2 6SL, England, Ilford, 18 Otley Drive.

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