Divestiture Limited
- Active
- Small
- 12 years
- 13 employees
- £1,365,791 (cur assets)
- 1m-15m
- Irregular importer
- Regular exporter
- Real address
- 2 directors
- 2 owners
- Family business
- Wakefield
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
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 WF1 2UY, England, Wakefield, Unit 6 The Office Campus, Paragon Park, Red Hall Court.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 6
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 12 years
- 2
-
Resident of United Kingdom
-
Individual
- 12 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Previous accounting period shortened from 2025-03-30 to 2025-03-29Download 1 page pdf report
-
Confirmation statement made on 2025-09-30 with no updatesDownload 3 pages pdf report
-
Previous accounting period shortened from 2025-03-31 to 2025-03-30Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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