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David Morris International Limited

02630165

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

180 NEW BOND STREET, W1S 4RL
Incorporated 12/07/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32120
Manufacture of jewellery and related articles
47770
Retail sale of watches and jewellery in specialised stores

Officers

Jeremy Lee Morris

director · Since 12/07/1992

JEWELLER

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Wayne Donald Pond

secretary · Since 06/03/2007

ACCOUNTANT

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Wayne Donald Pond

director · Since 21/04/2008

ACCOUNTANT

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Persons with Significant Control

Mr Jeremy Lee Morris

75–100% shares

British · England · Age 64

180 New Bond Street, W1S 4RL

Notified 06/04/2016

Charges0 outstanding

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CompanyRankvs 360+ SIC 32120 peers
63

Financial strength99th percentile among SIC peers · 25/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.12× · 12/20
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.

Employees6/15 pts

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

Liquidity12/20 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

from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the parent company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the parent company or to ceas

Key FinancialsYear ending 31/12/2024

Net Worth

£3.1M

Balance sheet strength

Cash

£32.0M

Cash in the bank

Profit Before Tax

-£12.6M

Bottom line earnings

Net Current Assets

£13.9M

Working capital

Current Assets

£130.8M

Current Liabilities

£116.9M

Fixed Assets

£1.3M

Debtors

£13.9M

Cost of Sales

£74.2M

Admin Expenses

£26.3M

Profit After Tax

-£9.6M

1avg. employees

Tax at Year End

Corp tax£216k
Dividends paid-£1.0M

People Costs

Wages & salaries£3.7M

Balance Sheet

Intangible assets£816k
Assets less current liabilities£3.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.12+£0
20241.12+£0
20231.72

Derived from filed accounts. Not audited figures.