Damper Technology Limited

Damper Technology Ltd from Nottingham UK: a small, active company founded 24 years ago, employs 37 people, and holds £4,644,603 in assets. It’s a real address with five directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts – 23 months of imports and 85 months of exports.

The company specializes in industrial damper solutions for demanding applications worldwide. Operating from its UK headquarters and manufacturing plant, along with subsidiaries in India, North America, and Denmark, and a network of agents and licensed manufacturers, Damper Technology Ltd offers a wide range of industrial damper valves. They also boast over 30 years of technical archives for older damper brands, enabling them to provide spares and service backup. Their website highlights expertise in marine, power generation, oil & gas, general industrial, and carbon capture sectors. They even have a section for high-end piano restoration.

Financially, Damper Technology Ltd shows some interesting trends. Current assets have decreased by 14%, falling to £4,600,000. Bank borrowings have remained steady at £350, while cash reserves have declined by 4.2% to £1,200,000. Trade debtors have increased significantly by 49%, reaching £2,300,000. Creditors have also decreased by 38%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. The increase in trade debtors, however, could indicate some difficulties in collecting payments. No auditor is mentioned, which is common for smaller companies. Overall, Damper Technology Ltd appears to be a stable operation, though it’s facing some pressures.

Registered in England/Wales under the registration number 04137081, with a registered address at NG16 3SL, Nottingham, Meadowbank House Meadowbank Court, Eastwood.

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