Divestiture Limited

Divestiture Limited, based in Wakefield, UK, is a small, family-run business with an active status. Founded eleven years ago in 2014, the company employs fifteen people and holds £2,521,125 in assets. With a real registered address and two directors and owners – Palin Darren James and Palin Julie Ann Marie – it's a closely held operation. The company operates in the demolition industries, offering decommissioning, demolition, and dismantling services, primarily to blue-chip clients. Its website highlights a focus on transforming liability into opportunity, emphasizing safety, sustainability, and excellence. They're an irregular importer and exporter, dealing in machinery, boilers, and mechanical appliances, with recent activity recorded in May 2023 (import) and February 2025 (export).

The company’s website showcases a range of services, from expert decommissioning to specialist demolition, with a featured project involving the turnkey dismantling of a Ford Bridgend assembly line. They even have a showroom in Harrods, London. The website is well-designed, professional, and clearly aimed at attracting commercial clients seeking demolition and dismantling solutions.

Financially, Divestiture Limited presents a mixed picture. While fixed assets increased by 9.5% to £2.6 million, current assets plummeted 70% to just £2.5 million. Cash reserves took a severe hit, falling 98% to a mere £10,000. Creditors also decreased, suggesting better debt management. However, net losses deepened, and bank borrowings increased, indicating a potential cash flow challenge. The company meets the criteria for a small business, and the lack of an auditor mentioned suggests they are exempt from an audit. The decrease in the number of employees from fifteen to thirteen is also noticeable.

In short, Divestiture Limited appears to be facing some financial headwinds despite its strong market position and focus on sustainability. Whether the company can navigate these challenges and continue its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 08886559, with a registered address at WF4 3DR, England, Wakefield, 7 Broad Cut Road, Calder Grove.

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