DURITE LIMITED
Company number 00373113 · Monitor this company
Executive summary
Durite Limited presents a mixed risk profile: operationally strong with 25% revenue growth and 41% gross margins, but financially vulnerable due to aggressive dividend extraction under new private equity ownership. The £13.27M dividend payout against £7.15M profit has materially reduced net assets, and combined with significant board turnover and complex ownership control, suggests the company is being managed for parent entity returns rather than standalone financial resilience. While currently solvent with a clean audit, continued capital extraction at this rate could erode the company's ability to self-fund operations and weather economic downturns.
Shareholders' funds
£9,786,087
Balance sheet as at 2025-12-31
What it does
The principal activity of the company continued to be that of
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1942-03-31
- Employees
- 66 (2025 accounts · was 81 in 2024)
- Registered office
- Durite Works, Valley Road, Dovercourt, Essex, United Kingdom, CO12 4RX
- Postcode
- CO12 4RX
- Capital
- 500,000 GBP
- Accounts category
- Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-01-19
- Next due by
- 2027-02-02
Nature of business (SIC)
- 45310 Wholesale trade of motor vehicle parts and accessories
Officers 4 current · 15 resigned
Group structure
Controlled by SAFE FLEET UK LIMITED — since 2021-03-31
Controlled by SPRING BIDCO LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — Z5574740 (Tier 2), registered since 2001.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- durite.com
Durite - Home Page
Previous company names
| Name | Date changed |
|---|---|
| GORDON EQUIPMENTS LIMITED | 2018-07-09 |
| HYGRADE PRODUCTS LIMITED | 1991-04-01 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 179 GREAT PORTLAND STREET, LONDON, W1W 5LS, ENGLAND | 2014-02-25 |
| DURITE WORKS, VALLEY ROAD, DOVERCOURT, ESSEX, CO12 4RX | 2014-02-13 |
Among its peers
Top 5%
by shareholders' funds, of 22 similar companies in CO
The largest employer among its local peers (66 staff).
The oldest of its local peers, trading since 1942.
Competitors Colchester
This company ranks 1 among wholesale trade of motor vehicle parts and accessories in Colchester.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 1991-04-18
- Where
- Essex
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| EX440250 | Essex | Freehold | 1991-04-18 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.