Drycon Limited

Drycon Ltd, based in Weston-Super-Mare, UK, is a small holding company with an active status, established eighteen years ago in 2006. Employing just six people, the company holds assets totaling £1,332,424 and operates a real address, with two directors and two owners overseeing its operations. It also runs an e-commerce site, and is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with a recent import activity recorded just one month ago.

The company’s website paints a picture of a specialist in shopfitting and interior construction. Drycon positions itself as a "shopfitting specialist" creating "impressive room images" for retail spaces. It offers a full range of services, from concept design to turnkey construction, catering to sectors like retail, showrooms, and gastronomy. The website showcases projects for well-known brands like Lululemon, Celine, Maje, and Guess, demonstrating a focus on high-end clients. Drycon also highlights its in-house capabilities, including electrical work, climate control solutions, and custom furniture design. It seems the company is doing well, but it’s not clear how many projects they’re currently working on.

Financially, Drycon Ltd shows a mixed picture. Current assets have fallen by a significant 43% to £1,300,000, while net assets have also decreased by 35% to £840,000. Bank borrowings have increased, and cash reserves have fallen by 18% to £500,000. Trade debtors have decreased by 52%, which could indicate better debt management. However, creditors have also fallen, suggesting the company is managing its liabilities well. The company’s small size—meeting two of three criteria for being considered small—helps it remain flexible, but the decline in equity raises some questions. There's no auditor mentioned, which is likely due to the company being exempt as a small entity.

Overall, Drycon Ltd appears to be a well-established business, but the financial data suggests it's facing some challenges. The company’s focus on high-end retail and its in-house capabilities could help it navigate these challenges, but it will need to carefully manage its finances to ensure its long-term success.

Registered in England/Wales under the registration number 05911730, with a registered address at BS23 1LP, England, Weston-Super-Mare, North Somerset, Tallford House, 38 Walliscote Road.

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