Dynex Limited

Dynex Limited, based in Bradford, UK, is a small, active company founded ten years ago in 2014. Employing just three people, it holds £85,044 in assets and operates from a real address. With one director and owner – Aziz Hamid – at the helm, and a respectable Google rating of 4.0 from 39 reviews, Dynex is a solo founder operation.

The company's website reveals a specialized business: Dynex Semiconductor Ltd designs, develops, and manufactures high-power semiconductors and assemblies. It caters to industries like hydrogen power, fusion, renewables, and electric vehicles, offering a wide range of products from thyristors and IGBTs to diodes and power assemblies. The site features an interactive design tool to assist customers in selecting the right components, and highlights its capabilities in contract assembly and custom power solutions. It's not a typical e-commerce site; instead, it functions as a detailed product catalog and technical resource for industrial buyers.

Financially, Dynex Limited presents a mixed picture. While bank borrowings have increased significantly by 340%, reaching £17,000, cash reserves have fallen by 55%, leaving just £12,000 on hand. Creditors have also risen by 49%, reaching £88,000, and net assets have declined by a substantial 330%, settling at -£40,000. The company’s small size—meeting two of three conditions for a small company—helps with agility, but the drop in equity is concerning. Current assets have decreased by 8.8%, down to £85,000. No auditor is mentioned, which is typical for a small, audit-exempt company.

It appears Dynex is navigating a period of financial strain, possibly reinvesting in its business or facing increased costs. The company’s focus on high-power semiconductors and its specialized website suggest a B2B model, where sales cycles can be longer and margins are often dependent on technical expertise and custom solutions. It’s a company that’s clearly not burning through money like a startup, but it’s also not showing robust financial health.

Registered in England/Wales under the registration number 09139677, with a registered address at BD8 7AJ, Bradford, West Yorkshire, 43 Woodview.

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