Drilltex Gb Ltd

Drilltex Gb Ltd from Bristol UK is a small, active company founded 11 years ago. With four employees and £170,217 in assets, it operates from a real address and is led by two directors and two owners, who are also the solo founders. The company regularly imports optical and medical tools and devices—a consistent activity over the past 31 months—while occasionally exporting furniture, lighting, and prefabricated buildings, with just one month of export activity recorded as of November 2023.

The company’s website, Drilltex Gb, focuses on supplying dental engineers with reliable DCI parts and components for the repair and maintenance of dental equipment. It offers a catalogue of syringes, tubing, handpiece accessories, and other essential items, emphasizing a “First Class Service” and competitive prices. The site also highlights a partnership with DCI, a manufacturer of replacement parts for Adec equipment, noting that DCI parts are not manufactured under license or supervision of Adec Inc. A dental engineers register allows customers to receive updates and support.

Financially, Drilltex Gb Ltd presents a mixed picture. Current assets have decreased by 20% to £170,000, while net assets have dramatically fallen by 100% to just £140. Bank borrowings have increased by 27% to £23,000, and cash reserves have plummeted 83% to £14,000. Trade debtors have risen by 37%, suggesting potential challenges in collecting payments, and creditors have increased by 27%. 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 the substantial equity drop is concerning. As a small company, it’s exempt from an audit, relying on unaudited statements.

Despite these challenges, Drilltex Gb Ltd appears to be maintaining a steady stream of business, catering to a specialized niche within the dental equipment repair sector. The company's focus on reliable parts and quality service suggests a commitment to customer satisfaction, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 08709771, with a registered address at BS15 4PJ, England, Bristol, Unit 47 Station Road Workshops, Station Road, Kingswood.

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