Dualrange Ltd

Dualrange Ltd from London UK: a small, active company founded nine years ago, employs one person, and holds £38,246 in assets. It’s a solo founder operation with a real address, operating an e-commerce site, and notably, has no directors listed. The company’s registered address is 4 Durley Road, N16 5JS, England, London.

The company’s website, Frelan Hardware, is a comprehensive online store specializing in architectural hardware—door furniture, window fittings, and security solutions. It caters to both residential and commercial clients, offering a wide range of products from antique brass to stainless steel. The site is well-structured, with clear categories, detailed product descriptions, and a dedicated section for projects and downloadable resources. It also has a blog and a mailing list, suggesting an effort to engage with customers and build brand awareness. The site’s design is professional and user-friendly, reflecting a focus on quality and customer service.

Financially, Dualrange Ltd presents a mixed picture. Current assets have decreased by 27%, falling to £38,000, while net assets have plummeted 160%, resulting in a negative balance of -£2,800. Bank borrowings have also decreased, dropping by 12% to £38,000, and cash reserves have fallen 50% to £2,900. Creditors have decreased by 27%, suggesting some improvement in managing short-term debts. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the significant drop in equity is concerning. The company is exempt from an audit, so the figures are unaudited.

It seems Dualrange Ltd is facing some financial headwinds, with a decrease in assets and a negative equity balance. The drop in cash reserves and a decrease in bank borrowings, however, could indicate a period of careful spending. The company’s focus on a niche market and its commitment to quality could help it weather the storm, but the lack of a clear path to profitability is a cause for concern.

Registered in England/Wales under the registration number 09649505, with a registered address at N16 5JS, England, London, 4 Durley Road.

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