Danfoss Limited
02605811
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2007
LAWYER
DANISH · DENMARK · Age 59
Also on 6 other boards
director · Since 17/12/2012
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 58
Also on 8 other boards
CompanyRankvs 2241+ SIC 32990 peers67
Show leaderboard
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.
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
can access this cash on demand. Based on the existing cash position and overdraft facility available to the company, management concludes that there is no material uncertainty associated with the going concern of the company. DANFOSS LIMITED STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 - 2 - Financial Key Performance Indicators The company uses key performance indicators to
Key FinancialsYear ending 31/12/2024
Net Worth
£41.4M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£8.7M
Bottom line earnings
Net Current Assets
£493k
Working capital
Current Assets
£41.1M
Current Liabilities
£40.6M
Fixed Assets
£32.2M
Debtors
£24.3M
Cost of Sales
£108.8M
Admin Expenses
£49.4M
Profit After Tax
-£7.8M
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.01 | -£5.5M |
| 2023 | 1.16 | +£24.8M |
| 2022 | 2.47 | +£490k |
| 2021 | 1.82 | +£6.9M |
| 2020 | 2.22 | — |
Derived from filed accounts. Not audited figures.