Back to search

Dringi Precision Grinding Ltd

02500082

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 8, WOLVERHAMPTON, WV10 9LU
Incorporated 08/05/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Ivor Raymond Dring

director · Since 02/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 12 other boards

Persons with Significant Control

Goldring Engineering Ltd

75–100% shares

Trafalgar Works, Cable Street, Wolverhampton, WV2 2HX

Reg: 02390794 · Companies House · Limited Company

Notified 22/04/2025

Former PSCs

Mr Richard John Pascall

Ceased 02/11/2020

Mr Ivor Raymond Dring

Ceased 22/04/2025

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 06/10/1994Registered 13/10/1994Satisfied 16/09/2020
charge
satisfied

BARCLAYS BANK PLC

Created 16/03/1992Registered 26/03/1992Satisfied 16/09/2020

CompanyRankvs 918+ SIC 25620 peers
70

Financial strength64th percentile among SIC peers · 16/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.81× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£208k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£66k

Current Liabilities

£36k

Fixed Assets

£181k

3avg. employees

Balance Sheet

Assets less current liabilities£210k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.81+£0
20251.81+£2k
20241.45+£47k
20230.76+£40k
20220.73-£836
20211.08+£63k
20200.67+£13k
20190.56+£8k
20180.52

Derived from filed accounts. Not audited figures.