Durham Filtration Limited

Durham Filtration Ltd is a small, holding company with an active status, established nineteen years ago in 2006. Based in London with a virtual address, the company employs ten people and holds £663,958 in assets. It’s managed by three directors and has one owner, Gentleaid 13 Ltd. Durham Filtration regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 48 months of import activity and 7 months of export activity recorded.

The company’s website details a wide range of engineering-related services, from technical testing and analysis to design, fabrication, and installation. It caters to diverse industries including chemical, oil, gas, power generation, and food & beverage, positioning itself as a “one-stop shop” providing filtration solutions, maintenance, and validation services. It also highlights its quality management certifications (ISO 9001 and ISO 14001). The website also contains a blog with industry news and a parts finder tool.

Financially, Durham Filtration Ltd shows some concerning trends. Current assets have decreased by 44%, dropping to £660,000, while net assets have also fallen by 13%, settling at £140,000. Bank borrowings have significantly decreased by 64%, reaching £250,000, and cash reserves have plummeted 79%, leaving just £24,000. Creditors have also decreased by 45%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

While the company’s website portrays a robust offering of engineering services, the financial data reveals a period of contraction. The decrease in cash reserves and assets, alongside the drop in net assets, could indicate challenges in maintaining profitability. The decrease in bank borrowings is a positive sign, but the overall picture suggests a need for careful financial management.

Registered in England/Wales under the registration number 05738867, with a registered address at EC1R 5HL, 3 Coldbath Square, London.

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