Doorgear Ltd.

Doorgear Ltd from Winchester UK: a small, active company founded 22 years ago, employs eight people, and holds £512,495 in assets. It’s a family business with three directors and two owners, operating from a real address. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded in the past year. It operates in the other construction installation, the other specialised construction activities n.e.c. industries.

The company’s website highlights its expertise in shutter installation and door solutions across Hampshire and surrounding counties. From commercial to industrial needs, Doorgear Ltd offers a wide range of products including automatic doors, fire-resistant shutters, and garage doors, with a strong emphasis on installation, repairs, and maintenance. The website also features a gallery of past projects and testimonials from satisfied customers, reinforcing its reputation for quality service and reliable products. It’s clear they're focused on a B2B market, offering services to businesses rather than directly to consumers.

Financially, Doorgear Ltd presents a mixed picture. Current assets increased by 16%, reaching £510,000, while net assets grew by 7.7% to £440,000. However, creditors significantly increased by 100%, jumping to £130,000, which could indicate expanding operations or perhaps a reliance on short-term financing. Cash bank on hand decreased slightly by 4%, settling at £310,000. Debtors have also risen substantially, by 69%, reaching £200,000, which might suggest delayed payments from customers. The company’s small size—meeting two of three criteria for being small—helps it remain flexible, but the rise in creditors should be monitored. As a small company, it's exempt from an audit, so the financial statements are unaudited.

Overall, Doorgear Ltd appears to be a stable, family-run business with a solid reputation in its local market. While the increase in creditors warrants attention, the company's growth in assets and a healthy cash position suggest it’s navigating its operations effectively.

Registered in England/Wales under the registration number 04488912, with a registered address at SO22 5QW, England, Winchester, Unit 10 & 13 Vale Farm Enmill Lane, Pitt.

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