Dunston (ship Repairs) Limited

Dunston Ship Repairs Ltd from Kingston Upon Hull UK: a small, holding company with an active status, was founded 24 years ago. The company employs 68 people and holds assets valued at £1,960,944. It operates from a real address and is overseen by five directors and one owner, boasting a respectable Google rating of 4.0 based on 34 reviews. Regular imports of machinery, boilers, and mechanical appliances – parts – have been recorded for the past six months.

The company’s website highlights a long tradition spanning over 100 years, providing excellent service on the Humber. Dunston Ship Repairs specializes in modifications to vessels, including lengthening, conversions, repairs, and extensive refurbishment of various types of ships. Strategically located near North Sea Oil and Gas installations, it's described as the "Gateway to Europe," with easy access to major transport links. The site showcases its expertise in servicing a wide range of vessels, from fishing boats to car carriers.

Financially, Dunston Ship Repairs Ltd presents a mixed picture. While cash reserves dropped by 38% to £560,000, trade debtors increased by 34% to £1,200,000 – potentially indicating increased sales but also a risk of delayed payments. Creditors decreased by 21% to £1,100,000, suggesting improved debt management. However, a significant drop in other inventories – 59% to £180,000 – raises questions about stock levels and potential supply chain issues. The company’s small size, meeting two of three conditions for classification, allows for agility, but the decline in equity needs to be monitored. No auditor is mentioned, which is typical for a small company, and the figures are unaudited.

Overall, Dunston Ship Repairs Ltd seems to be navigating a challenging environment. While its reputation and strategic location are strengths, the financial trends suggest a need for careful management and a focus on maintaining strong cash flow.

Registered in England/Wales under the registration number 04148902, with a registered address at HU3 4PG, United Kingdom, Kingston Upon Hull, William Wright Dock.

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