Derry Limited

Derry Ltd from Newark UK: a large company, holding company, active status, founded 22 years ago, employing 28 people, holding £7,520,299 in assets, and generating £13,359,915 in yearly revenue, operates from a real address, and is overseen by three directors and one owner. It's an irregular importer of furniture, lighting, and prefabricated buildings, with import activity spanning two months, the last operation occurring in October 2023.

The company’s website highlights Derry Ltd as a provider of mechanical and electrical services, specializing in "building the future" with renewable energy, air conditioning, IT systems, and sustainability features. They cater to various industries, from hotels and schools to office spaces, emphasizing attention to detail and expert engineering. The website showcases projects like advanced manufacturing facilities, hotels, and transport hubs, and includes news updates about installations and events. It also features a sitemap, contact information, and a privacy policy.

Financially, Derry Ltd’s report reveals some concerning trends. While turnover remained relatively stable, current assets declined by 32%, dropping to £7,500,000. Bank borrowings increased significantly by 52%, reaching £3,500,000, and cash reserves decreased by 34%, sitting at £4,200,000. Creditors also decreased by 41%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decrease in equity raises questions. The company’s auditors, Wright Vigar Limited, have stated that the financial statements give a true and fair view. It’s a bit strange that the company’s administrative expenses increased by 8.9%, despite the decrease in turnover.

Registered in England/Wales under the registration number 04597236, with a registered address at NG24 3JR, Newark, Nottinghamshire, Balderton Hall Rubys Avenue, Fernwood.

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