Dycotec Materials Ltd

Dycotec Materials Ltd, based in Calne, UK, is a small, active company founded ten years ago in 2014. Employing 28 people and holding £776,357 in assets, it operates from a real address and is overseen by four directors and three owners. The company regularly imports machinery, boilers, and mechanical appliances parts (26 months of import activity) and exports tanning and dyeing products (61 months of export activity).

The company's website highlights its role as an advanced materials company, developing and manufacturing electrically and thermally conductive products, insulators, adhesives, and overcoats. Beyond standard offerings, Dycotec Materials Ltd specializes in tailoring materials to meet specific customer requirements. The website details a wide range of applications, from smart glass and heaters to printed circuit boards and wearable technology, catering to industries like energy, automotive, electronics, and display. They even offer custom development services, including design, prototyping, testing, and software development.

Financially, Dycotec Materials Ltd presents a mixed picture. While current assets increased by 32% to £780,000, net assets also rose significantly by 42% to £650,000, indicating growth. However, the company’s bank borrowings increased substantially, and total inventories saw a dramatic rise of 1200%, suggesting a build-up of stock. Plant machinery depreciation increased slightly. The decrease in other creditors is a positive sign, but the increase in trade debtors suggests a need to improve collections. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the inventory build-up warrants closer monitoring. With no auditor mentioned, the figures rely on unaudited statements. It seems the company is growing, but managing its working capital will be key to sustained success.

Registered in England/Wales under the registration number 09018978, with a registered address at SN11 9PX, England, Calne, Unit 6 Porte Marsh Industrial Estate, Stanier Road.

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