Dynatex Limited
- Small
- Active
- 6 years
- 3 employees
- £60,417 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
- Rating 5.0 (137)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Dynatex Ltd from Newport UK is a small, active company founded six years ago. With three employees and £60,417 in assets, it operates as a solo-founder e-commerce site boasting a stellar 5.0 Google rating from 137 reviews. The company has one director and one owner, Wilfred Reeves Malwin Miller, and is registered at a real address in South Wales.
Dynatex Ltd’s website showcases a wide range of tools, consumables, and plant machinery spares, catering to both trade and DIY customers. From power tools and hand tools to plumbing accessories and protective wear, the site offers a diverse selection of products from major brands and value options. It's clear they're aiming to be a "one safe source" for all tool-related needs, emphasizing competitive pricing and service. The site's layout is well-organized, and the product categories are easy to navigate.
Financially, Dynatex Ltd’s recent performance paints a mixed picture. Current assets have decreased by 13% to £60,000, and net assets have fallen by 60% to -£41,000, a significant downturn. Bank borrowings have also declined, suggesting a reduction in external financing. Creditors have increased by 18%, which could indicate a reliance on trade credit. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the drop in equity is a concern. With no auditor mentioned, the figures are unaudited.
Despite the financial pressures, Dynatex Ltd’s strong Google rating and diverse product range suggest a loyal customer base. Whether the company can navigate these challenges and sustain its growth remains to be seen, but its focus on a niche market and customer service gives it a fighting chance.
Registered in England/Wales under the registration number 11435642, with a registered address at NP19 4PT, United Kingdom, Newport, South Wales, B15 Langland Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Wilfred Reeves Malwin Miller
- 6 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Wilfred Reeves Malwin Miller
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-06-27Download 6 pages pdf report
-
Total exemption full accounts made up to 2023-06-27Download 6 pages pdf report
-
Amended total exemption full accounts made up to 2022-06-28Download 7 pages pdf report
FAQ about Dynatex Limited
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!