Demon International Ltd

Demon International Ltd, based in Ivybridge, UK, is a small, holding company with an active status, celebrating 60 years since its founding in 1964. The company employs 11 people and holds assets totaling £889,698. With four directors and one owner, it operates from a real address and regularly imports machinery, boilers, and mechanical appliances – parts, with 72 months of import activity recorded, the latest in February 2025. Export activity is less frequent, with just one month of exports recorded in August 2023.

The company’s website, Demon Pressure Washers, showcases a range of industrial pressure washers, from cold water machines to hot water systems and fire fogging units. It caters to industries like petrochemical, facilities management, and marine, emphasizing quality, safety, and British craftsmanship. The website also highlights a battery-powered range, reflecting a move towards more sustainable solutions. It’s clear that the company has diversified beyond its original focus on construction equipment, now offering a wide array of pressure washing solutions.

Financially, Demon International Ltd shows a mixed picture. Current assets have decreased by 14% to £890,000, while net assets have fallen 17% to £660,000. Cash bank on hand has taken a significant hit, dropping 33% to £400,000. Trade debtors have increased by 6.5% to £330,000, suggesting potential challenges in collecting payments. On a positive note, creditors have decreased slightly, indicating improved debt management. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited.

The sharp decline in cash reserves and net assets is a concern, and the increase in debtors suggests potential payment delays. However, the company’s focus on a niche market and its reputation for quality could help it weather these challenges. It’s likely that the company is investing in new products and technologies, which could explain the temporary dip in profitability.

Registered in England/Wales under the registration number 00820498, with a registered address at PL21 9GA, Ivybridge, Devon, Abbots Close, Lee Mill Industrial Estate.

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