Duncan & Grove Ltd

Duncan & Grove Ltd, based in Crawley, UK, is a small holding company with an active status, established nine years ago in August 2015. The company employs 35 people and holds £598,210 in assets, operating from a real address. It’s a solo-founded operation managed by one director and two owners, with a focus on importing iron or steel products for the last 36 months. They also irregularly export toys, games, and sports equipment, with the last export occurring in September 2024.

The company operates within the specialised construction activities sector, and it's a small business, meeting two out of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. Their website, Duncan Grove, showcases a leading manufacturer of natural playground equipment, specialising in high-quality timber play structures. They offer a catalogue of over 400 products, with more than 1,000 variations, and even export to countries like the US and Canada. The company manufactures all components in-house, ensuring quality and customisation.

Financially, Duncan & Grove Ltd’s recent performance presents a mixed picture. While current assets have increased by a substantial 86% to £600,000, net assets have dramatically improved, rising 110% to £38,000. However, bank borrowings have decreased by 43%, to £14,000, and cash reserves have increased to £110,000. Trade debtors have increased significantly, by 190%, to £230,000, suggesting potential issues with customer payments. The company’s small size and solo founder status contribute to its agility, but the large increase in debtors warrants close monitoring. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data. The company’s equity has improved dramatically, however, suggesting a positive trend.

Registered in England/Wales under the registration number 09715460, with a registered address at RH10 4NQ, England, Crawley, 63b Wallage Lane, Rowfant.

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