Theo Davies & Sons Limited

Theo Davies & Sons Limited, based in Wrexham, UK, is a small, active company founded ten years ago. Employing nine people, the business holds £252,095 in assets and operates from a virtual address – nineteen other companies are registered at the same location. It’s a solo-founder operation led by a single director and owner. The company regularly imports electrical machinery and equipment, with six months of import activity recorded.

The company's primary focus is manufacturing, specifically builders' carpentry and joinery, and furniture industries. It's a small company, meeting two of the three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The website showcases custom-built standing frames, a niche product catering to both private individuals and healthcare providers. It’s been manufacturing these frames for over 40 years, initially in collaboration with a local hospital. The frames are used for rehabilitation and managing conditions like MS and stroke, with options ranging from fixed-height wooden versions to adjustable stainless steel models. The website highlights sustainability, with a focus on using steamed beech wood from FSC sustainable sources and recycling sawdust to heat workshops.

Financially, Theo Davies & Sons Limited shows some interesting trends. Current assets increased by 19%, reaching £250,000, while net assets increased by 21%, standing at £150,000. Bank borrowings decreased by 7.9%, settling at £10,000. However, trade debtors increased significantly by 24%, reaching £120,000, suggesting a potential need to manage customer payments more effectively. Creditors decreased by 13%, which is a positive sign. The company’s small size means it’s likely exempt from an audit, relying on unaudited financial statements. The company’s assets have decreased by 46%, and the company’s plant machinery has decreased by 19%. The company’s depreciation has decreased by 72%. Overall, Theo Davies & Sons Limited seems to be holding its own, but the increased trade debtors should be monitored closely.

Registered in England/Wales under the registration number 09381894, with a registered address at LL13 7YL, United Kingdom, Wrexham, Wrexham Cb, St Andrews House Yale Business Village, Ellice Way.

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