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David Andrews (Construction) Limited

02169815

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

LEVEL 2 KLACO HOUSE, CLERKENWELL, EC1M 4DN
Incorporated 28/09/1987

Compliance

Last accounts

31/10/2024

medium

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/03/2026

Due 13/04/2027

On track

Industry

43310
Plastering

CompanyRankvs 100+ SIC 43310 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.62× · 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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Ba

Key FinancialsYear ending 31/10/2024

Turnover

£13.0M

Annual revenue

Net Worth

£5.2M

Balance sheet strength

Cash

£3.5M

Cash in the bank

Profit Before Tax

£882k

Bottom line earnings

Net Current Assets

£6.5M

Working capital

Current Assets

£8.9M

Current Liabilities

£2.5M

Fixed Assets

£10k

Debtors

£5.5M

Cost of Sales

£8.9M

Gross Profit

£4.1M

Admin Expenses

£3.3M

Operating Profit

£825k

Profit After Tax

£501k

73avg. employees+18

Tax at Year End

Corp tax£293k
Dividends paid£1.0M

People Costs

Wages & salaries£4.0M
NI contributions£307k

Balance Sheet

Assets less current liabilities£6.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20243.62
20213.70

Derived from filed accounts. Not audited figures.