Deanestor Limited

Deanestor Limited, based in Mansfield, UK, is a holding company with a solid 30-year history and an active trading status. Employing 125 people, the company holds assets worth £9,684,314. With seven directors and one owner, Deanestor operates from a real address and boasts a perfect 5.0 Google rating based on one review. The company is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 28 months of import activity recorded, the last operation taking place in October 2024.

Deanestor's core business revolves around manufacturing specialist furniture for healthcare, education, student accommodation, and BTR kitchen sectors. Their website highlights a commitment to design, manufacture, and installation, showcasing projects like the Inverurie Community Campus and healthcare furnishings at HTC, Birmingham. They offer services including design, project management, manufacture, and installation, catering to specific market requirements. The company also has a presence in Scotland, with a subsidiary operating from Dunfermline.

Financially, Deanestor's recent report reveals some interesting trends. While average employee numbers increased slightly to 130, cash bank on hand dramatically decreased to just £560. Bank borrowings rose by 6.6% to £150,000, and creditors increased by 19% to £3,500,000. However, net assets grew substantially by 79% to £3,300,000. Accumulated depreciation on plant machinery increased by 120% to £270,000. The company’s deferred tax liability decreased by 44% to £220,000. The report was audited by Shorts, and the financial statements were authorised on June 3rd, 2024.

These figures suggest Deanestor is navigating a period of investment and growth, although the sharp decline in cash reserves warrants close monitoring. The company’s focus on niche markets and high-quality manufacturing could be contributing to its financial performance, but the increased reliance on bank borrowing indicates a need to manage debt carefully.

Registered in England/Wales under the registration number 02946819, with a registered address at NG19 0FL, Mansfield, Nottinghamshire, Warren Way, Crown Farm Business Park.

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