Duwel Uk Ltd

Duwel Uk Ltd from Fareham UK is a small, active company founded 10 years ago. It employs three people and holds £130,515 in assets, operating from a virtual address shared by many other businesses. The company has three directors and one owner, and regularly imports machinery, boilers, and mechanical appliances, with a recent import activity recorded four months ago.

The company's website showcases a focus on quality solutions for marine, industrial, and hydropower sectors. It highlights over 30 years of experience, customer-oriented service, and environmentally friendly products. The website also features a "latest news" section, announcing a record year, a search for a financial manager, participation in NorFishing, and a new website launch. There's even an open application section, actively seeking skilled sales professionals. The company operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft industries.

Financially, Duwel Uk Ltd shows some interesting trends. Cash reserves have increased significantly, jumping 260% to £100,000, which is a positive sign. However, current assets have fallen by 50% to £130,000, and trade debtors have plummeted 87%, suggesting difficulties in collecting payments. Debtors are down quite a bit. Creditors have also decreased substantially, by 83%, which could be a result of better management of its liabilities. Equity has grown by 18% to £100,000, a good sign of retained earnings. The company is small, meeting two of three conditions for classification, with turnover under £10.2m and assets under £5.1m. The company’s financial statements are unaudited, and there is no auditor mentioned.

Overall, Duwel Uk Ltd appears to be navigating a period of change, with improved cash flow offset by declines in current assets and debtors. The company’s long-standing experience and focus on customer service suggest a resilient business, but the financial data indicates a need for careful management of its working capital.

Registered in England/Wales under the registration number 09185264, with a registered address at PO16 8UY, United Kingdom, Fareham, C/O Azets Carnac Place, Cams Hall Estate.

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