Dronsfields Limited

Dronsfields Ltd from Oldham UK: a small, holding company with an active status, was founded 20 years ago and employs 32 people. The company holds assets worth £2,132,473 and operates from a real address, overseen by five directors and one owner. It regularly imports optical and medical tools and devices (for three months) and exports vehicles, parts, and accessories (for 177 months).

The company’s core business revolves around the sale of new and used cars, light motor vehicles, and related services. It also offers maintenance and repair of vehicles, and retail trade of motor vehicle parts and accessories. The company’s website, Dronsfields, highlights its services and provides contact information, but lacks detailed e-commerce functionality. It appears to be primarily a sales and service operation rather than a direct online retailer.

Financially, Dronsfields Ltd shows a mixed picture. Accumulated amortisation impairment intangible assets increased by 5.6%, while depreciation impairment property plant equipment rose by 9.0%. Bank borrowings decreased by 21.0%, and cash bank on hand grew by 27.0%. However, corporation tax payable jumped 110.0%, and creditors fell by 15.0%. The company’s average number of employees increased by 12.0% to 36. It’s a small company, meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements do not mention an auditor.

The company’s financial data suggests a period of adjustment. While some areas show improvement, the increase in tax payable and decrease in equity could indicate challenges. The company's long-standing presence and diverse range of services suggest a resilient business model, but the need to manage financial pressures will be crucial for future success.

Registered in England/Wales under the registration number 05371910, with a registered address at OL2 6HS, Oldham, England, Pennine Works Mossdown Road, Royton.

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