Duffy Skylining Limited

Duffy Skylining Limited is a small, active company based in Inverness, UK, founded six years ago in 2018. With seven employees and a real address, it’s a solo-founded operation led by one director and owner. The company is irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 2 months of imports. The last import operation was conducted on November 01, 2023. The company operates in the logging industries.

The company’s website is non-existent, so it’s difficult to determine if they have an e-commerce presence. Without a website, it’s likely they operate through direct sales or partnerships rather than online retail.

Financially, Duffy Skylining Limited shows a mixed picture. Net assets increased by 42% to £1,000,000, while bank borrowings surged by 170% to £68,000. Cash reserves decreased by 72% to £26,000, and trade debtors increased by 62% to £470,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increased debt raises questions. The increase in trade debtors could be a sign of slower customer payments, or perhaps an expansion of credit terms. The company is exempt from an audit as a small company, so the figures rely on unaudited director-reported data. The increase in creditors, however, suggests the company is needing to pay more to suppliers.

Overall, Duffy Skylining Limited seems to be facing some financial pressures, but the increase in net assets is a positive sign.

Registered in Scotland under the registration number SC600526, with a registered address at IV2 6DJ, Scotland, Inverness, Highland, Dunbeg House, Ness Castle.

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