Dspr Ltd

Dspr Ltd from St Ives UK is a small, active company founded six years ago. With nine employees and £592,492 in assets, it’s a solo-founded operation managed by two directors and a single owner. The company operates from a virtual address, where 112 companies are registered, which is a little odd. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with the last import activity occurring over a year ago.

Dspr Ltd focuses on property renovation and construction projects, operating across several London boroughs, including Chelsea, Mayfair, and Notting Hill. Its website lists a wide range of services, from full-scale renovations to building services, and even mentions a division specializing in piano restoration. The company’s website also lists a showroom in Harrods, London.

Financially, the company shows some concerning trends. Accumulated depreciation for furniture and motor vehicles increased significantly, by 210% and 42% respectively, which suggests investment in assets, but also a potential future liability. The number of employees dropped from nine to seven, a 22% decrease, which could be a sign of cost-cutting measures. Bank borrowings increased slightly, while cash reserves declined by 40%. Creditors decreased by 34%, which is a positive sign, but the most worrying trend is the decrease in net assets by 3.2%. 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 nimble, but the decline in equity raises questions about its long-term financial health. The company's accounts are unaudited, which is common for small companies.

Registered in England/Wales under the registration number 11880301, with a registered address at PE27 5BH, United Kingdom, St Ives, Cambridgeshire, The Station House, 15 Station Road.

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