Dwp Services Limited

DWP Services Ltd, based in Cirencester, UK, is a small, active company founded eight years ago. Employing just four people, it holds assets of £1,307,949 and operates from a real address shared by nine other companies. With two directors and two owners, the company maintains a respectable Google rating of 4.0 based on four reviews. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of imports recorded as of April 01, 2022.

The company’s core business involves construction of other civil engineering projects, operating within the broader construction industry. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Its website is currently unavailable, so it's difficult to ascertain if it operates an e-commerce platform or primarily works on project-based contracts.

A review of the company’s financial data reveals some interesting trends. While bank borrowings increased by a substantial 62%, cash reserves also grew by 57% to £820,000. Trade debtors increased by 41%, suggesting a potential delay in customer payments, while creditors decreased by 55%, indicating improved debt management. The company’s assets grew by 37%, but net assets increased by 35%, which is a little less impressive. The company's depreciation on its motor vehicles has increased by 12%, which could be a sign of increased activity.

The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited. Overall, DWP Services Ltd seems to be financially stable, with growing assets and improving debt management. However, the increase in trade debtors warrants monitoring. The company's small size allows for agility, but its long-term success hinges on maintaining its financial health and securing consistent construction projects.

Registered in England/Wales under the registration number 10199097, with a registered address at GL7 1US, England, Cirencester, Gloucestershire, Oakley House, Tetbury Road.

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