DUNCAN RESEARCH & DEVELOPMENT LTD Financials
- Company number
- 03510251CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Higher Cholwell Harberton, Totnes, Devon TQ9 7RZ
- Incorporated
- 13/02/1998
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-55.92%vs 20232023: £577.47K
Total Assets
10.31%vs 20232023: £1.95M
Cash in Bank
-80.42%vs 20232023: £186.71K
Total Liabilities
38.21%vs 20232023: £1.37M
Employees
+3vs 20232023: 0
In 2024, DUNCAN RESEARCH & DEVELOPMENT LTD reported net assets of £254.57K. The same filing shows total assets of £2.15M, cash in bank of £36.55K and total liabilities of £1.89M. Reported headcount was 3 in 2024. Total Liabilities rose from £1.37M in 2023 to £1.89M in 2024 (38.21%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-55.92%from £577.47K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures DUNCAN RESEARCH & DEVELOPMENT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-49.6%vs 2022-29% a year compound (CAGR)
Cash in Bank
-64.1%vs 2022-40.1% a year compound (CAGR)
Total Assets
+14.7%vs 2022+7.1% a year compound (CAGR)
Total Liabilities
+38.4%vs 2022+17.7% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+38.4%
£1.37M in 2022 to £1.89M in 2024
Biggest decrease
Cash in Bank-64.1%
£101.77K in 2022 to £36.55K in 2024
DUNCAN RESEARCH & DEVELOPMENT LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DUNCAN RESEARCH & DEVELOPMENT LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 11.85%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 88.15%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 1.93%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.70%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for DUNCAN RESEARCH & DEVELOPMENT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 417.12K | 504.77K | 577.47K | 254.57K |
| Total Assets£ | 2.38M | 1.87M | 1.95M | 2.15M |
| Cash in Bank£ | 115.01K | 101.77K | 186.71K | 36.55K |
| Total Liabilities£ | 1.97M | 1.37M | 1.37M | 1.89M |
| Employees | 3 | 3 | 0 | 3 |
DUNCAN RESEARCH & DEVELOPMENT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DUNCAN RESEARCH & DEVELOPMENT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
DUNCAN RESEARCH & DEVELOPMENT LTD reported net assets of £254.57K for 2024. That compares with £577.47K in 2023, a change of -55.92%.
DUNCAN RESEARCH & DEVELOPMENT LTD reported total assets of £2.15M for 2024. That compares with £1.95M in 2023, a change of 10.31%.
DUNCAN RESEARCH & DEVELOPMENT LTD reported cash in bank of £36.55K for 2024. That compares with £186.71K in 2023, a change of -80.42%.
DUNCAN RESEARCH & DEVELOPMENT LTD reported 3 employees in 2024, compared with 0 in 2023.
Between 2022 and 2024, DUNCAN RESEARCH & DEVELOPMENT LTD's net assets fell by 49.6%, cash in bank fell by 64.1%, total assets rose by 14.7% and total liabilities rose by 38.4%. Net assets contracted at 29% a year across the two years to 2024, from £504.77K to £254.57K. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.