Potton Delph Ltd

Potton Delph Ltd, based in Leicester, UK, is a small, active company established eleven years ago in 2014. Employing five people and holding £158,272 in assets, it operates from a real address within the Glenmore Foundry Industrial Estate. With a single director and owner, the company focuses on manufacturing and has a real address.

The business primarily imports optical and medical tools and devices, with a consistent record of seven months of import activity. It also engages in irregular exports of machinery, boilers, and mechanical appliances, parts, with two months of export activity. The company operates in the manufacture of other general-purpose machinery n.e.c. industries.

Financially, Potton Delph Ltd shows some concerning trends. Current assets have decreased by 15%, falling to £160,000, while net assets have also declined by 7.2%, now standing at £66,000. Bank borrowings have decreased by 14%, now at £34,000. Cash reserves have fallen by 23%, now at £38,000. Trade debtors have seen a significant drop of 21%, now at £99,000. Creditors have risen by 26%, now at £52,000. The company meets two of the three criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees). Loans from directors have seen a massive decrease of 360%, now at -£7,900.

The unaudited accounts, prepared using Taxfiler software, indicate a company navigating challenges. While the import business seems stable, the decrease in cash reserves and increase in creditors suggest a need for careful financial management. The decrease in trade debtors is a positive sign, but the overall picture is one of a company working to maintain its position in a competitive market. The accounts state that the company is entitled to exemption from audit under section 1 of the Companies Act 2006.

Registered in England/Wales under the registration number 09001620, with a registered address at LE4 8BR, England, Leicester, Unit 3, Glenmore Foundry Industrial Estate Pinfold Road, Thurmaston.

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