David Ayres Limited
03068531
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
21/03/2025
unaudited abridged
Next accounts due
21/12/2026
Confirmation statement
Last: 28/07/2025
Due 11/08/2026
Industry
Officers
secretary · Since 24/03/2025
director · Since 24/03/2025
DIRECTOR
IRISH · ENGLAND · Age 56
Also on 3 other boards
Persons with Significant Control
Former PSCs
David Ayres
Ceased 10/11/2021
O Hara Waste Oil Ltd
Ceased 24/03/2025
CompanyRankvs 20160+ SIC 96090 peers77
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
those of the prior year. On 21 March 2025, the company and its parent undertaking were sold under a share purchase agreement. The directors have considered the companys ability to continue as a going concern and are satisfied that it will continue trading under new ownership. Accordingly, it is appropriate to prepare the accounts on a going concern basis. 2
Key FinancialsYear ending 21/03/2025
Net Worth
£130k
Balance sheet strength
Cash
£22k
Cash in the bank
Net Current Assets
£114k
Working capital
Current Assets
£205k
Current Liabilities
£91k
Fixed Assets
£16k
Debtors
£120k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.24 | -£46k |
| 2024 | 2.03 | -£11k |
| 2023 | 2.76 | +£15k |
| 2022 | 1.64 | +£65k |
| 2021 | 2.76 | -£15k |
| 2020 | 5.19 | +£8k |
| 2019 | 2.77 | +£12k |
| 2018 | 2.28 | — |
Derived from filed accounts. Not audited figures.