Dynamic Produce Marketing Ltd

Dynamic Produce Marketing Ltd, based in Potters Bar, UK, is a small, active company founded thirteen years ago. With five employees and £1,260,429 in assets, it operates from a virtual address and is led by a solo founder who also serves as the director and owner. The company regularly imports edible vegetables and roots, with five months of import activity recorded, the latest being April 2024.

The company’s website, DynamicProduceMarketing, showcases a focus on fresh produce, particularly onions and cabbages. It’s primarily an e-commerce platform, offering a range of products sourced directly from growers in Spain and the UK. The site highlights quality, direct sourcing, and competitive pricing, with a focus on serving commercial and industrial customers. It even offers a contact number and form for enquiries.

Financially, Dynamic Produce Marketing Ltd presents a mixed picture. Cash bank on hand increased significantly by 51%, reaching £500,000, while current assets also grew by 43% to £1,300,000. However, net current assets liabilities increased by 38% to £840,000. Trade debtors saw a substantial rise of 49%, reaching £570,000, suggesting a potential reliance on customer payments. Creditors also increased by 42%, reaching £260,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the rise in both debtors and creditors warrants attention. The company is exempt from audit, so the figures are unaudited.

The increase in cash and assets is encouraging, but the growth in debtors and creditors suggests the company is managing its finances carefully, perhaps extending credit terms to customers. It’s likely that the company is burning through money like a startup, but the increase in cash bank on hand shows it has the resources to continue operating.

Registered in England/Wales under the registration number 07897637, with a registered address at EN6 1HS, Potters Bar, Hertfordshire, Five Ways, 57/59 Hatfield Road.

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