Duct Services (n.i.) Ltd

Duct Services (n.i.) Ltd, based in Cookstown, UK, is a small, active company founded thirteen years ago in 2011. With five employees and £763,712 in assets, it operates from a real address and is led by two directors and a solo founder. The company’s Google rating is a perfect 5.0 based on 22 reviews, reflecting a strong reputation. It’s an e-commerce site and regularly imports machinery, boilers, and mechanical appliances—parts, with the latest import operation made on November 01, 2024.

The company’s website showcases its services in heating, ventilation, and air conditioning, catering to both commercial and industrial clients. It offers a wide range of products, from extractor fans and ducting to air conditioning units and kitchen canopies, alongside installation and maintenance services. The site emphasizes quality standards, a free quotation service, and a one-stop shop for all HVAC needs. It also highlights customer testimonials, showcasing reliability and efficiency.

Financially, Duct Services (n.i.) Ltd presents a mixed picture. While cash reserves increased by 53% to £410,000, and current assets grew by 21% to £760,000, there are some concerning trends. Director remuneration surged by 120% to £39,000, and accumulated depreciation on property, plant, and equipment increased significantly, particularly in the "Other Property Plant Equipment" category. Bank borrowings, however, decreased by 7.4% to £300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in director pay and rising depreciation suggest potential investment or operational challenges. As a small company, it’s exempt from a full audit, so the figures rely on unaudited statements.

Overall, Duct Services (n.i.) Ltd appears to be a well-regarded company with a strong online presence, but its financial performance warrants close monitoring. The increase in director pay and depreciation may indicate a need for further investment or a shift in operational strategy.

Registered in Northern Ireland under the registration number NI609433, with a registered address at BT80 9HZ, Cookstown, County Tyrone, 4 Flo Road.

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