Duchy Manor Ltd

Duchy Manor Ltd is a small, active company based in London, UK, founded two years ago. With just one employee and £80,423 in assets, it operates from a virtual address and is led by two directors and a solo founder, Foster Joseph. The company’s business focuses on retail sales via mail order houses or via the internet.

The company’s website reveals Duchy Homes to be an award-winning house builder with operations across Yorkshire, the North East, and the North West of England. It builds new homes, offering various developments and focusing on energy efficiency and customer satisfaction. The site highlights a commitment to quality and a modern approach to homebuilding, with a focus on new builds and a range of services for buyers. It’s clearly an established business, not a simple online retailer.

Financially, Duchy Manor Ltd presents a mixed picture. While it's a small company (meeting two of three criteria), its equity is in negative territory at -£32,000, suggesting it's burning through cash. Cash bank on hand remains steady at £12,000, but creditors are substantial at £130,000. The company’s net current assets and liabilities are also negative, indicating a reliance on borrowing. Despite this, trade creditors have decreased slightly, which is a positive sign. With no auditor mentioned, the figures are unaudited.

Overall, Duchy Manor Ltd appears to be a company facing financial challenges, but its parent company, Duchy Homes, seems to be a thriving house builder. It's possible the retail arm is subsidizing the house building operations, or perhaps the company is in a growth phase, reinvesting profits back into the business.

Registered in England/Wales under the registration number 14578714, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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