Davies Materials & Tools Limited
01244241
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/01/1991
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 69
Also on 1 other board
director · Since 23/10/2012
DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
director · Since 01/01/2015
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Persons with Significant Control
Mr Michael Howard Davies
British · United Kingdom · Age 69
50 Woodgate, Leicestershire, LE3 5GF
Notified 06/04/2016
CompanyRankvs 29296+ SIC 43999 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
-£99k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£54k
Working capital
Current Assets
£19k
Current Liabilities
£73k
Fixed Assets
£2k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.27 | -£44k |
| 2024 | 0.35 | -£38k |
| 2023 | 0.78 | -£13k |
| 2022 | 0.93 | -£19k |
| 2021 | 1.25 | +£3k |
| 2020 | 1.24 | +£2k |
| 2019 | 1.17 | +£907 |
| 2018 | 1.14 | — |
Derived from filed accounts. Not audited figures.