Dymatec Ltd

Dymatec Ltd, based in Luton, UK, is a small, active family business founded eight years ago. Employing 21 people and holding assets of £3,275,553, it’s a regular importer and exporter of basic metal tools and utensils, with 212 months of import activity and 135 months of export activity recorded. The company operates from a real address and is overseen by three directors and two owners.

Dymatec specializes in diamond drilling and sawing equipment, offering a wide range of products including machinery for sale, hire, and accessories. Its website highlights a focus on high-quality consumables and services, with a US division recently launched. The company also boasts a long history, celebrating 25 years in business. They even have a presence in Harrods, London.

Financially, Dymatec’s picture is mixed. Creditors decreased by 9.3%, while bank borrowings increased by 3.1%. Cash reserves remained steady, however. Trade debtors increased significantly, by 25%, which could indicate growth in sales but also potential issues with collections. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in trade debtors warrants closer attention. No auditor is mentioned, which is expected for a small company.

Overall, Dymatec Ltd appears to be a stable, family-run business with a strong focus on its niche market. However, the increase in trade debtors suggests that the company should monitor its cash flow carefully.

Registered in England/Wales under the registration number 10160931, with a registered address at LU5 5QH, United Kingdom, Luton, Bedfordshire, Units 11-14 Cemetery Road Houghton Regis.

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