Dtg Creative Ltd

DTG Creative Ltd from London UK: a small, active company founded three years ago, employs just one person, and holds £3,291 in assets. Operating from a virtual address, the company is led by a single director and owner, who also serves as the solo founder. It’s a compact operation, meeting two of the three conditions to be considered small – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, MDR Creative, reveals a broader scope than initially apparent. While DTG Creative Ltd is listed, the site showcases a well-established printing and design business, MDR Creative UK Ltd, serving Cheshire and the wider UK. They offer a wide range of services, from vinyl graphics and posters to pop-up displays and garment printing, catering to both commercial and industrial clients. The website emphasizes quality, creativity, and personal service, highlighting a team of designers and a commitment to customer satisfaction. They even have a separate division specializing in piano restoration, showcasing a diverse range of skills and interests.

However, a closer look at the company’s financials paints a concerning picture. Cash bank on hand has plummeted by a staggering 140%, leaving just -£1,400. Current assets have also decreased significantly, falling 45% to £3,300. While trade debtors have increased by 100%, suggesting potential delays in customer payments, creditors have also risen, with liabilities due within a year up 24%. Perhaps most worrying is the dramatic drop in equity, with retained earnings and accumulated losses plummeting 3,600% to -£35. The company’s net assets have also declined sharply, falling 97% to just £65. The lack of an auditor—likely due to its small size—means these figures are unaudited.

Despite its diverse offerings and commitment to quality, DTG Creative Ltd appears to be facing financial challenges. The sharp decline in cash reserves and equity suggests the company is burning through money, and the increasing debt load raises concerns about its long-term sustainability. Whether the vibrant printing and design business of MDR Creative can provide a lifeline for the smaller DTG Creative Ltd remains to be seen.

Registered in England/Wales under the registration number 13439266, with a registered address at N15 5EA, England, London, 151 West Green Road.

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