Dyfed Richards Limited

Dyfed Richards Ltd from Braintree UK is a small, active company founded 21 years ago. With three employees and £159,029 in assets, it’s a family business led by three directors and two owners. The company holds a respectable 4.0 Google rating based on two reviews. It’s an irregular importer of wood and wood products, with the last import operation occurring two months ago in August 2023.

The company operates in the wholesale of wood, construction materials, and sanitary equipment industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. While a website isn’t available, this suggests a primarily B2B operation, likely focused on supplying local businesses rather than direct consumer sales.

Financially, Dyfed Richards Ltd presents a mixed picture. Cash bank on hand increased significantly by 390%, reaching £18,000, which is a positive sign. However, creditors remained steady at £180,000, and trade debtors decreased by 11%, dropping to £130,000. Equity increased by 53%, reaching £16,000, which is a good trend. Interestingly, depreciation on motor vehicles increased by 15%, possibly reflecting investment in company vehicles. The company’s net assets liabilities increased by 54% to £24,000. With no auditor mentioned, the financial statements are unaudited.

Overall, Dyfed Richards Ltd appears to be navigating a period of change. The increase in cash reserves suggests improved liquidity, but the fluctuating debtor and creditor balances warrant close monitoring.

Registered in England/Wales under the registration number 04883101, with a registered address at CM7 5NA, Braintree, Essex, 14 Canterbury Grange, Bocking.

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