Durham Magneto Optics Ltd
- Small
- Active
- 22 years
- 15 employees
- £5,702,896 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Durham Magneto Optics Ltd, based in Cambridge, UK, is a small, active company founded 22 years ago. With 13 employees and £3,991,999 in assets, it’s a well-established operation led by four directors and a solo founder, Cowburn Russell Paul. The company operates from a real address and regularly imports electrical machinery and equipment (19 months) while exporting optical and medical tools and devices (41 months).
The company specializes in scientific instrumentation for nanotechnology research and development, offering products like magneto-optical Kerr effect magnetometers and direct-write optical lithography machines. Its website highlights applications in fields like microelectronics, spintronics, and materials development, showcasing successful installations at universities and research institutions in Europe. They even have a MicroWriter ML 3 Baby Plus installed at Laboratoire ICB in Dijon, University of Bourgogne, France.
Financially, Durham Magneto Optics Ltd presents a mixed picture. While current assets increased slightly to £4,000,000, cash reserves decreased by 7.3% to £2,700,000. Trade debtors have increased significantly, by 36%, reaching £1,100,000, which could indicate a shift in payment terms or potentially delayed customer payments. Intangible assets have also seen a substantial increase, up 190% to £46,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debt and decrease in cash warrants attention. The accounts are unaudited, as is typical for small companies, and no auditor is mentioned. The company is a bit lean, with a small number of employees. Overall, it seems like Durham Magneto Optics Ltd is navigating a period of growth, but keeping a close eye on its cash flow will be important.
Registered in England/Wales under the registration number 04492798, with a registered address at CB23 2RF, England, Cambridge, Building 7 Old Farm Business Centre Church Road, Toft.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
-
Resident of United Kingdom
-
Individual
- 6 years
-
Resident of United Kingdom
-
Individual
- 12 years
-
Resident of United Kingdom
-
Individual
- 22 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twelve months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 13 pages pdf report
-
Satisfaction of charge 1 in fullDownload 2 pages pdf report
-
Satisfaction of charge 044927980002 in fullDownload 1 page pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Durham Magneto Optics Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!