Danequip (uk) Limited

Danequip (UK) Limited, based in Kingsley, Hampshire, is a small, active company established 21 years ago. With two employees and £34,509 in assets, it's a family-run business specializing in stump grinding equipment. The company boasts a perfect 5.0 Google rating from 12 reviews and operates from a real address with just one other company registered there. Two directors and two owners, including a solo founder, lead the operation. They regularly import machinery, boilers, and mechanical appliances, with parts imported for nine months, the last being February 2025.

Danequip’s website highlights its expertise in narrow-access stump grinding, offering both new and refurbished equipment. They're a leading supplier of Dosko chippers and stump grinders, with a long history dating back to 1992. The company also runs a workshop producing its own pedestrian stump grinders and offers repair and refurbishment services for other brushwood chippers and stump grinders. Customer testimonials praise the company's efficient service and technical expertise.

However, a closer look at the financial data reveals some concerning trends. While the company remains small, meeting two of three criteria for a small company, current assets have fallen sharply by 36% to £35,000, and net assets have plummeted 800% to -£35,000. Bank borrowings have increased significantly by 49% to £38,000, and cash reserves have decreased by 23% to £2,000. Creditors have also risen by 38% to £73,000. Trade debtors have fallen by 39% to £20,000. The lack of employees (just two reported) suggests a lean operation, but the significant equity drop and increased debt raise questions about financial health. As a small company, it's exempt from an audit, so the figures are unaudited. Despite these challenges, Danequip's focus on specialized equipment and customer service suggests a commitment to its niche market, but it will need to address its financial pressures to ensure long-term sustainability.

Registered in England/Wales under the registration number 05073415, with a registered address at GU35 9LW, Kingsley Boarden, Hampshire, Unit 2 Inverallen Yard, Main Road.

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