Drs Doors Ltd

Drs Doors Ltd from Manningtree UK is a small, active company founded nine years ago. Employing nineteen people and holding assets of £404,349, it’s a real business with two directors and a solo founder at the helm, boasting a solid Google rating of 4.0 from eight reviews. The company is an irregular importer, with its top import category being electrical machinery and equipment, totaling one month of imports. It operates in the manufacture of doors and windows of metal industries.

The company's website showcases expertise in commercial door systems, offering a complete design, manufacture, supply, fitting, and maintenance service. It specializes in automatic doors, industrial doors, and manual doors, catering to businesses across East Anglia and the wider South East region. It even offers 24-hour emergency callouts. The website is clearly focused on B2B sales, with detailed product descriptions and case studies highlighting successful installations. It doesn't appear to be an e-commerce site—instead, it's a marketing platform designed to generate leads and showcase capabilities.

Financially, Drs Doors Ltd presents a mixed picture. Current assets have decreased by 19% to £400,000, while net assets have fallen significantly by 55% to £35,000. Bank borrowings have increased by 12% to £160,000, and cash reserves have plummeted 61% to £37,000. Creditors have also increased by 5.8% to £170,000. The company’s size—meeting two of three conditions for being a small company—helps it remain flexible, but the sharp decline in equity raises questions. The company is exempt from an audit, so the figures are unaudited.

The decrease in cash reserves and the rise in bank borrowings suggest the company may be burning through money, though it's difficult to say for sure without more information. The increase in creditors could be a result of increased business activity, or it could indicate challenges in managing payments. It's possible the company is investing in growth, but the financial data suggests it needs to keep a close eye on its cash flow.

Registered in England/Wales under the registration number 09608644, with a registered address at CO11 1UN, England, Manningtree, Essex, 1 Riverside Avenue West, Lawford.

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