D R M Technic Ltd

Drm Technic Ltd from Stafford, UK, is a small holding company with an active status, established 16 years ago. The company employs 12 people and holds assets valued at £805,844. It operates from a real address and is managed by one director and one owner. Drm Technic regularly imports and exports optical and medical tools and devices, with 116 months of import activity and 34 months of export activity recorded.

The company’s website describes Drm Technic as a leading supplier of gas conditioning equipment and services, also a manufacturer of Continuous Emissions Monitoring Systems (CEMS). It distributes products from global companies like Fuji Electric, Behler Technologies, and Auburn FilterSense, offering maintenance, repair, and calibration services. The website highlights a focus on providing solutions for the emissions measurement industry, with a strong emphasis on customer service and technical expertise. The business operates in the wholesale of chemical products industries.

Financially, Drm Technic Ltd presents a mixed picture. Current assets have decreased by 27% to £810,000, while net assets have fallen by 28% to £420,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves have fallen 52% to £210,000. On a positive note, creditors have decreased by 26%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the drop in equity raises some questions. The company is exempt from audit as a small company, so the figures are unaudited.

The increase in bank borrowings and decrease in cash reserves, combined with the decline in net assets, suggest that Drm Technic may be facing financial pressure. The company's reliance on imports and exports, while providing a diverse product range, also exposes it to external market fluctuations.

Registered in England/Wales under the registration number 06814736, with a registered address at ST21 6JL, England, Stafford, Staffordshire, Unit 25 Raleigh Hall Industrial Estate, Eccleshall.

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