Drabest Uk Limited

Drabest UK Ltd, based in Wolverhampton, UK, is a small holding company with an active status, having been founded nine years ago in 2015. The company employs seven people and holds £544,625 in assets. Its registered address is a virtual one, with sixteen companies registered at the same location, which is a bit unusual. It's managed by one director and one owner, and operates an e-commerce site with a stellar Google rating of 5.0 based on seventeen reviews. The company regularly imports aluminum and aluminum products, with nineteen months of import activity recorded, the latest in February 2025.

Drabest UK Ltd specializes in the manufacture and wholesale of ladders and scaffolding. Its website showcases a wide range of products, from household ladders to industrial scaffolding, catering to both commercial and domestic users. The site emphasizes certified quality, competitive pricing, and fast shipping. They even offer custom-designed products and technical support. The company’s reach extends beyond the UK, with sales to countries like Germany, Austria, and Romania, and they are actively seeking new sales partners. The website also features a blog with helpful articles on ladder safety and maintenance.

Financially, Drabest UK Ltd shows some mixed trends. Current assets have decreased by 8.7% to £540,000, while net assets have fallen by 9.4% to -£350,000. Bank borrowings remain stable, and cash reserves have increased by 69% to £110,000. Trade debtors have significantly decreased by 43%, which could indicate improved collections, but creditors have also fallen by 18%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The average number of employees has decreased significantly, dropping 43% to just four people. This could be a result of restructuring or a shift towards automation. Overall, Drabest UK Ltd appears to be navigating a period of change, balancing growth in its core business with financial pressures.

Registered in England/Wales under the registration number 09691129, with a registered address at DY4 7AD, England, Tipton, 3-4 Railway Street, Great Bridge.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.