Derby Engineering Unit Limited

Derby Engineering Unit Ltd from Raynesway UK is a small, active company founded 27 years ago. It employs 15 people and holds £1,126,752 in assets. With a real address, three directors, and a solo founder, it boasts a perfect 5.0 Google rating based on one review. The company regularly imports railway and tramway vehicles and parts, with its last import operation occurring 11 months ago.

The company's website highlights its expertise in the manufacture and installation of components, modification kits, and rolling stock enhancements for the rail industry. Founded in 1996, Derby Engineering Unit strives to meet client requirements with competitive pricing and quality service. The site’s focus is on providing solutions for the rail sector, from component manufacture to rolling stock modification. It’s a clear indication of a business dedicated to a specific, technical market.

Financially, Derby Engineering Unit Ltd shows a mixed picture. Current assets have decreased by 26% to £1,100,000, while net assets have increased by 18% to £710,000. Cash reserves have risen by 3.8% to £590,000, and creditors have significantly dropped by 52% to £450,000. Trade debtors have also decreased slightly by 4.8% to £440,000. The company’s small size (meeting two of three conditions for being considered small) allows for agility, but the decrease in current assets could indicate a slowdown in sales or increased inventory. No auditor is mentioned, suggesting the company is exempt from an audit. The company’s equity has increased by 21%, which is a good sign.

Overall, Derby Engineering Unit Ltd appears to be financially stable, with good cash flow and decreasing debt. It's a well-established business in a specialized industry, and the management team seems to be navigating the market effectively.

Registered in England/Wales under the registration number 03542324, with a registered address at DE21 7RW, Raynesway, Derbyshire, Unit 22 Riverside Park, East Service Road.

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