Back to search

Davroc Limited

01477993

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

IBROC HOUSE, HODDESDON, EN11 0QS
Incorporated 07/02/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46130
Agents involved in the sale of timber and building materials
70100
Activities of head offices

Officers

Mr Giuseppe Corbisiero

director · Since 10/04/1992

COMPANY DIRECTOR

ITALIAN · UNITED KINGDOM · Age 71

Also on 7 other boards

Mr Pietro Corbisiero

director · Since 10/04/1992

COMPANY DIRECTOR

ITALIAN · ENGLAND · Age 73

Also on 5 other boards

Pietro Corbisiero

secretary · Since 01/02/1999

ITALIAN · UNITED KINGDOM · Age 73

Also on 4 other boards

Mrs Emma Marie Marsden

director · Since 10/11/2021

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 5 other boards

Persons with Significant Control

Ibroc Investments Limited

75–100% shares
75–100% votes
Appoint directors

Ibroc House, Essex Road, Hoddesdon, EN11 0QS

Reg: 12237741 · Companies House · Limited Company

Notified 04/10/2019

Former PSCs

Mr Pietro Corbisiero

Ceased 04/10/2019

Mr Giuseppe Corbisiero

Ceased 04/10/2019

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 23/10/1995Registered 27/10/1995Satisfied 05/09/2002
charge
satisfied

LLOYDS BANK PLC

Created 13/09/1989Registered 02/10/1989Satisfied 02/03/2016
charge
satisfied

LLOYDS BANK PLC

Created 08/04/1983Registered 14/04/1983Satisfied 02/03/2016
charge
satisfied

MALLINHALL LIMITED

Created 28/06/1982Registered 05/07/1982Satisfied 11/09/1990

CompanyRankvs 14+ SIC 46130 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.98× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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 going co

Key FinancialsYear ending 30/09/2024

Turnover

£25.6M

Annual revenue

Net Worth

£15.5M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£15.1M

Working capital

Current Assets

£18.1M

Current Liabilities

£3.0M

Fixed Assets

£473k

Debtors

£7.3M

Cost of Sales

£17.5M

Gross Profit

£8.1M

Admin Expenses

£7.2M

Operating Profit

£963k

Profit After Tax

£780k

111avg. employees

Tax at Year End

Corp tax£86k
Dividends paid£755k

Balance Sheet

Assets less current liabilities£15.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20245.98

Derived from filed accounts. Not audited figures.