Dura Composites Limited

Dura Composites Ltd from Clacton-On-Sea UK is a large, holding company with an active status, established 28 years ago. The company employs 110 people and holds assets worth £12,874,635. It operates from a real address, is overseen by five directors, and is owned by one individual. A Google rating of 5.0 based on 37 reviews suggests high customer satisfaction. Dura Composites regularly imports and exports plastics and plastic products, with 107 months of import activity and 27 months of export activity.

The company specializes in the non-specialised wholesale trade, design activities, manufacture of plastic products, and engineering design for industrial processes. Its website is currently unavailable, making it difficult to assess its e-commerce presence.

Financially, Dura Composites shows a mixed picture. While net assets increased by a healthy 23%, to £9,700,000, cash reserves jumped significantly, rising 200% to £270,000. However, bank borrowings also increased substantially, jumping 120% to £460,000. Trade debtors decreased by 24%, suggesting improved collections, but creditors also fell by 18%, which could be a positive sign of better debt management. Staff costs increased by 30%, reflecting the company’s operations. The company’s auditor is Rickard Luckin Limited.

The significant increase in bank borrowings, alongside the drop in trade debtors, could indicate that Dura Composites is investing in growth or facing temporary cash flow challenges. The company’s large size, meeting two of three criteria for a large company, suggests it has scale and resources, but the financial trends warrant close monitoring. The company’s focus on plastics and plastic products, combined with its import/export activities, positions it within a competitive global market.

Registered in England/Wales under the registration number 03266015, with a registered address at CO15 4LP, Clacton-On-Sea, Essex, Dura House Telford Road, Gorse Lane Industrial Estate.

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