Dynamo 44 Ltd
- Active
- Small
- 7 years
- 7 employees
- £1,786,128 (assets)
- Regular importer
- Virtual address
- 2 directors
- 2 owners
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The owners list was changed 13 days ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
Dynamo 44 Ltd from Reading UK is a small, active company founded six years ago. Despite its status, accounts are currently overdue by four months, and the company employs seven people. With £1,786,128 in assets and a virtual address, Dynamo 44 Ltd operates with two directors and a single owner—the solo founder. Regular imports of meat, fish, and seafood preparations have been ongoing for 27 months, with the latest shipment recorded in October 2024.
The company’s activities encompass a diverse range of industries, including the manufacture of other food products, acting as agents for food, beverages, and tobacco sales, and providing management consultancy services. While no website is available, it’s likely the company operates through a B2B model, supplying ingredients or products to other businesses rather than directly to consumers.
Financially, Dynamo 44 Ltd’s recent performance presents a mixed picture. Current assets have significantly decreased by 77%, dropping from £7.8 million to £1.8 million. Net assets have plummeted by 97%, falling from £2.3 million to just £68,000—a substantial decline. Bank borrowings have increased by 2400%, reaching £29,000, and cash reserves have fallen 97% to £110,000. Creditors, however, have decreased by 30%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
The sharp decline in equity raises concerns about the company’s financial health. The increase in bank borrowings, coupled with the decrease in cash reserves, suggests Dynamo 44 Ltd may be burning through money faster than it’s earning it. It’s possible the company has invested heavily in inventory or expansion, but without further information, it’s difficult to say for sure. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.
Despite these challenges, Dynamo 44 Ltd’s consistent import activity indicates ongoing business operations. Whether the company can navigate these financial pressures and sustain its import business remains to be seen.
Registered in England/Wales under the registration number 11433211, with a registered address at RG8 7LY, England, Reading, Berkshire, 4 Reading Road, Pangbourne.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 13 days
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 7 years
- 5
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 7 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
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Memorandum and Articles of AssociationDownload 37 pages pdf report
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Change of share class name or designationDownload 2 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Dynamo 44 Ltd
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