D & R Engineering Limited

D & R Engineering Ltd, based in Walton-On-Thames, UK, is a small, active company founded 18 years ago. With five employees and £207,706 in assets, it’s a solo-founded operation managed by one director and owner. The company holds a stellar 5.0 Google rating based on twelve reviews, and regularly imports ships, boats, and floating structures – the latest activity recorded four months ago.

The company operates within the building of pleasure and sporting boats industries. Its website, while not fully detailed, suggests a focus on marine engineering. It’s a real address as only one company registered at the same address.

Financially, D & R Engineering Ltd presents a mixed picture. While cash reserves have increased dramatically, jumping 810% to £89,000, current assets have only grown by 31% to £210,000. Bank borrowings have decreased, with overdrafts falling 50% to £10,000. Creditors have increased by 49% to £100,000, and trade debtors have surged 170% to £69,000. 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 increase in creditors and trade debtors suggests potential cash flow challenges. Depreciation impairment property plant equipment has decreased, with computer equipment down 35%. There's no auditor mentioned, likely due to its small size, so the figures are unaudited. The company’s net assets have increased by 27% to £110,000.

Registered in England/Wales under the registration number 05834013, with a registered address at KT12 1QW, England, Walton-On-Thames, Surrey, Walton Marina, Walton Bridge.

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