South Yorkshire Ducting Supplies Limited

South Yorkshire Ducting Supplies Ltd is a small, active company established 33 years ago, back in December 1991. Based in Sheffield, it employs 21 people and holds assets valued at £976,075. The business operates from a real address, is overseen by one director and owned by Reynolds Jonathan, and maintains a stellar 5.0-star Google rating based on eight reviews. It’s a regular importer, primarily of iron or steel products, with the most recent import activity recorded in October 2024. The company’s core business is manufacturing other fabricated metal products.

The company’s website isn’t currently available for review, so it's difficult to determine if they operate an e-commerce platform or rely solely on business-to-business sales.

Financially, South Yorkshire Ducting Supplies Ltd shows a mixed picture. Current assets decreased by 4%, dropping to £980,000. Bank borrowings decreased by 39%, falling to £16,000, while cash bank on hand dropped by 23%, reaching £79,000. Creditors decreased by 7%, falling to £610,000. Trade debtors decreased by 9.4%, falling to £410,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite a decrease in current assets, the company’s retained earnings increased by 8.6%, reaching £260,000. The company’s unaudited financial statements, as is typical for small companies, are not reviewed by an external auditor.

It seems that the company is financially stable, but the decrease in current assets could indicate a slowdown in sales or increased working capital requirements. The increase in retained earnings, however, suggests that the business is generating profits and reinvesting them back into the company.

Registered in England/Wales under the registration number 02671387, with a registered address at S3 8BX, 80 Burton Road, Sheffield.

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