Ductec Ltd

Ductec Ltd from Heckmondwike UK: small company, active status, founded 15 years ago, 13 employees, £349,248 assets, real address, 2 directors, 2 owners, family business. Regular importer of machinery, boilers, and mechanical appliances; parts (6 months imported). Irregular exporter of basic metal tools and utensils (1 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other manufacturing n.e.c., the other specialised construction activities n.e.c. industries.

Ductec Ltd’s website showcases a business specializing in dust and fume extraction solutions for various industries. They offer a comprehensive range of services, including LEV testing, servicing, and maintenance, alongside a selection of products like quick-fit ducting, mobile filter units, and welding tables. Their website details a wide range of industries they serve, from woodwaste and food production to steel manufacturing and pharmaceuticals. It seems like they are doing a lot of work, and they have a good website. It's not clear if they are doing ecommerce, but they do have a products section.

Financially, Ductec Ltd's recent performance presents a mixed picture. Current assets have decreased by 23%, dropping to £350,000, while net assets have fallen by a more significant 43%, settling at -£39,000. Cash reserves have also taken a hit, declining by 110% to -£10,000. On a brighter note, bank borrowings have increased by 170%, reaching £6,900, and creditors have decreased by 30%, suggesting improved debt management. The company’s small size helps it stay agile, but the significant equity drop is a cause for concern. With no auditor mentioned, the figures are unaudited. The company’s directors, Mr. and Mrs. Munns, appear to be heavily invested in the business, and their personal advances and repayments are substantial, which is a little unusual.

Registered in England/Wales under the registration number 06928659, with a registered address at WF16 9JU, England, Heckmondwike, West Yorkshire, Moorfield Mills William Royd Lane, Chapel Lane.

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