Dynatec Ltd.

Dynatec Ltd from Bedford UK is a small, active company founded four years ago. With three employees and £351,112 in assets, it’s a solo-founded operation led by a single director and owner, Erik Mueller. The company has a real address and operates as an irregular importer of paper and paperboard products (one month of imports recorded in June 2023) and an irregular exporter of electrical machinery and equipment (one month of exports recorded in December 2023).

Dynatec Ltd appears to be involved in a diverse range of activities, including wholesale of electronic and telecommunications equipment, non-specialised wholesale trade, and retail sales via mail order and internet. It’s unclear if the company operates a website, but its business activities suggest a focus on B2B wholesale and online retail.

Financially, Dynatec Ltd’s recent performance shows some concerning trends. While cash reserves increased by a significant 470% to £50,000, net assets experienced a dramatic drop of -1100% to -£150,000. This suggests the company is burning through equity. Creditors have also increased substantially, rising 140% to £500,000, while trade debtors decreased by 31% to £130,000. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the substantial equity decline and increased borrowings indicate potential financial pressure. Bank borrowings have also increased, reaching £210,000. The decrease in average employees reported during the period, from 3 to 2, could be a factor in these changes. As a small company, Dynatec Ltd is exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 12819686, with a registered address at MK40 1NS, United Kingdom, Bedford, United Kingdom, C/O Taxassist Accountants, 5a Market Arcade.

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