Dsn Supplies Ltd

Dsn Supplies Ltd from Hove UK: small company, active status, founded 5 years ago, £26,895 assets, real address, 1 director, 1 owner. Regular importer of furniture, lighting, and prefabricated buildings (11 months imported). It’s a private limited company registered in England/Wales with the registration number 12034579. The company was founded five years ago on June 05, 2019, and registered at BN3 6QD, England, Hove, East Sussex, 51 Dyke Road Avenue. The address is probably real as only five companies registered at the same address. Its status is active. Officially, it has one owner or PSCs, one director and no number of employees published.

Dsn Supplies Ltd operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery industries. The company is a regular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 11 months of imports. The last import operation was conducted on August 01, 2021. The website is not available to review, so it’s difficult to determine if the company operates an e-commerce site.

Financially, Dsn Supplies Ltd’s recent performance shows some worrying trends. Current assets have fallen by 43% to £27,000, while net assets have plummeted 32% to £32,000. Cash bank on hand has also seen a dramatic drop of 87%, falling to just £1,200. Creditors have decreased by 33%, suggesting better debt management, but trade debtors have increased significantly, by 320%. 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 stay agile, but the sharp decline in cash reserves is concerning. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The decrease in net assets could be due to increased investment in inventory, or perhaps a write-down of assets. The rise in trade debtors may indicate difficulties in collecting payments from customers, or a deliberate strategy to offer more credit. It's possible that the company is facing challenges in maintaining profitability, although more information would be needed to confirm this.

Registered in England/Wales under the registration number 12034579, with a registered address at BN3 6QD, England, Hove, East Sussex, 51 Dyke Road Avenue.

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