Excel Digital Solutions Ltd

Excel Digital Solutions Ltd, based in Dunfermline, UK, is a small, active company established 40 years ago in 1985. With four employees and £165,148 in assets, it’s a long-standing business operating from a real address and managed by four directors and a solo founder. The company regularly imports machinery, boilers, and mechanical appliances—parts, with recent activity recorded four months ago.

The company’s website reveals a focus on providing copy, print, and scan solutions across Scotland, partnering with Olivetti, a leading information technology manufacturer. Incorporated in 1985, Excel Digital Solutions Ltd prides itself on providing high-performance solutions for the digital world, catering to education, IT, retail, hospitality, and the finance sector. It offers a full range of colour and mono systems, emphasizing long-life consumables and compliance with environmental directives. The website highlights the dColor MF series, designed for high-volume printing with a focus on user-friendliness and mobile device connectivity.

Financially, Excel Digital Solutions Ltd shows a mixed picture. Accumulated depreciation on furniture, tools, and equipment increased by 14%, while motor vehicle depreciation rose 11%. Bank borrowings decreased significantly, falling 35% to £15,000, and cash reserves dropped 8.4% to £130,000. Current assets also declined by 10% to £170,000. Trade debtors decreased by 35%, suggesting improved collection rates, but total inventories increased by 58% to £13,000. Despite the small size (meeting two of three criteria for a small company), the decrease in equity is noticeable. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Excel Digital Solutions Ltd seems to be navigating a period of change. While it’s managing its debts better, the decrease in assets and equity suggests a need for careful financial management. The company’s long history and established partnerships, however, provide a solid foundation for future growth.

Registered in Scotland under the registration number SC092842, with a registered address at KY11 2EU, Dunfermline, Fife, Torridon House, Torridon Lane, Rosyth.

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