Durridge Uk Ltd.

Durridge Uk Ltd, based in Sheffield, UK, is a small holding company with an active status, established ten years ago in 2014. The company, managed by two directors and owned by one individual, employs just one person and holds £63,086 in assets. It operates from a real address within Sheffield Technology Park and regularly imports and exports optical and medical tools and devices – 10 months of imports and 4 months of exports recorded.

The company’s primary activity is described as repair of electrical equipment, suggesting a specialized niche. While no website is listed, this could indicate a business-to-business operation focused on direct sales or servicing rather than direct consumer engagement.

Financially, Durridge Uk Ltd presents a mixed picture. Current assets have decreased slightly, dropping by 2.7% to £63,000. Trade debtors have increased by 10%, reaching £52,000, while creditors have seen a significant jump of 170%, now at £2,200. Cash bank on hand has also declined by 48%, falling to £5,700. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the drop in cash reserves warrants attention. Depreciation expense has plummeted by 89%, which could be due to a slowdown in asset investment or a change in accounting practices. The company is exempt from an audit, so the financial data is unaudited.

The increase in trade debtors could indicate delayed payments from customers, while the rise in creditors suggests increased short-term borrowing or extended payment terms with suppliers. The decrease in cash reserves, coupled with the rising debt, suggests Durridge Uk Ltd may be burning through cash faster than it’s generating revenue. It’s a situation that could require careful management in the coming months.

Registered in England/Wales under the registration number 09212801, with a registered address at S1 2NS, England, Sheffield, Sheffield Technology Park Arundel Street, Cooper Buildings.

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