Design & Development Engineering Ltd
- Small
- Active
- 8 years
- 2 employees
- £77,595 (assets)
- £407,488 (revenue)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Design & Development Engineering Ltd from Privett UK is a small, active company founded eight years ago in 2016. With two employees and £77,595 in assets, it’s a modest operation. The company’s yearly revenue is £407,488, and it operates from a real address – The Drying Room Hurst Barns, Hurst Lane, Privett, Hampshire. It's managed by one director and one owner, Bush Bryan. The company irregularly imports machinery, boilers, and mechanical appliances; parts, with the last import activity recorded just one month ago, and exports vehicles, parts, and accessories (excluding trains and trams), also with just one month of export activity.
The company operates in the specialised design activities industries. Its website is non-existent, so it’s difficult to determine if it has an e-commerce presence.
Financially, Design & Development Engineering Ltd presents a mixed picture. While turnover decreased by 17% to £410,000, net assets increased by 44% to £190,000. Bank borrowings remained stable, and cash reserves fell by 80% to £9,900. Trade debtors increased significantly by 70%, suggesting a possible reliance on customer payments. Creditors decreased by 23%, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from an audit.
The substantial decrease in cash reserves, however, is a point of concern. It could indicate increased operating expenses or investments in the business. The company’s reliance on trade debtors also presents a risk if payments are delayed. Despite these challenges, the increase in net assets suggests the company is still generating value, though it's burning through cash.
Registered in England/Wales under the registration number 10339116, with a registered address at GU34 3PL, England, Privett, Hampshire, The Drying Room Hurst Barns, Hurst Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 20 pages pdf report
-
Confirmation statement made on 2024-08-22 with updatesDownload 5 pages pdf report
-
Total exemption full accounts made up to 2023-08-31Download 20 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Design & Development Engineering Ltd
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