Dunning & Fairbank Limited

Dunning & Fairbank Ltd from Leeds, UK, is a small, family-run business with an active status, celebrating 46 years since its founding in 1978. Employing 12 people, the company holds £1,671,249 in assets and operates from a real address in Leeds. With three directors and three owners, it's a tight-knit operation, boasting a solid Google rating of 4.0 based on 16 reviews. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 52 months of import activity and 30 months of export activity recorded.

The company’s website, propshaft.co.uk, reveals a specialist focus: the manufacture, supply, and repair of propshafts. They cater to a wide range of applications, from trucks and buses to self-build kit cars and even disaster recovery for damaged pianos. The site highlights their expertise in custom manufacturing, component supply, and specialized repairs, including those for Mercedes Sprinter and VW Touareg vehicles. The business also emphasizes its long history, operating nationally since 1978 and with experience in Europe, Asia, and the USA. It’s an approved service centre of Dana Spicer, adding to its credibility.

Financially, Dunning & Fairbank Ltd shows a mixed picture. Cash reserves increased significantly by 39%, reaching £800,000, a positive sign of liquidity. However, creditors have risen dramatically, increasing by 180% to £310,000, which could indicate increased reliance on short-term financing. Trade debtors also rose, increasing by 41% to £290,000. While net assets increased by 5.5% to £1,800,000, the company’s bank borrowings have decreased. 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 increase in creditors warrants close monitoring. The company is exempt from an audit, so the financial information is unaudited. The company's increase in future minimum lease payments, decreasing by 2.9%, may suggest a restructuring of their lease obligations.

Registered in England/Wales under the registration number 01403175, with a registered address at LS9 0SD, Leeds, Cross Green Rise, Cross Green Approach.

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