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Durite Limited

00373113

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

DURITE WORKS, DOVERCOURT, CO12 4RX
Incorporated 31/03/1942

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/01/2026

Due 02/02/2027

On track

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Brian Lynn Olsen

director · Since 30/04/2024

American

Steven James Powell

director · Since 29/11/2022

British

Robert William Willing

director · Since 13/02/2024

American

Former

Keith Maddison

secretary · Resigned 31/07/2009

Filex Services Limited

corporate secretary · Resigned 03/02/2015

Christopher John Carr

director · Resigned 09/12/2006

Gene Margaret Carr

director · Resigned 02/12/2013

Jeremy Stuart Carr

director · Resigned 07/02/2014

Denis Frank Dungate

director · Resigned 31/07/2008

Steven Grant Fobel

director · Resigned 14/04/2021

Charles Gessler

director · Resigned 13/02/2024

Jean-Charles Julien

director · Resigned 02/03/2021

John Knox

director · Resigned 13/02/2024

Andrew Michael Leviston

director · Resigned 07/02/2014

Fiona Lindsay Leviston

director · Resigned 07/02/2014

Keith Maddison

director · Resigned 31/07/2009

Pierre Nadeau

director · Resigned 23/11/2022

Craig Peachey

director · Resigned 02/03/2021

Michael Schulte

director · Resigned 30/04/2024

CompanyRankvs 105+ SIC 45310 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£14.5M

Balance sheet strength

Cash

£2.8M

Cash in the bank

Profit Before Tax

£9.0M

Bottom line earnings

Net Current Assets

£12.9M

Working capital

Current Assets

£16.7M

Current Liabilities

£3.7M

Fixed Assets

£1.9M

Debtors

£6.5M

Cost of Sales

£18.8M

Admin Expenses

£2.9M

Profit After Tax

£7.2M

81avg. employees-2

Tax at Year End

Dividends paid£16k

People Costs

Wages & salaries£3.1M

Balance Sheet

Intangible assets£264k
Assets less current liabilities£14.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.45-£6.1M
20236.57

Derived from filed accounts. Not audited figures.