Back to search

Dragonsway Wales Ltd

03074527

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BRYNGOLMAN FAM, CLYNDERWEN, SA66 7QL
Incorporated 30/06/1995

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/07/2025

Due 10/08/2026

Overdue

Industry

41100
Development of building projects

Officers

Mr Michael John Ritchie

director · Since 30/06/1995

COMPANY DIRECTOR

BRITISH · WALES · Age 71

Also on 3 other boards

Ms Edwin Robert Parks

director · Since 01/08/2024

ACADEMIC

DUTCH · WALES · Age 78

Also on 1 other board

Persons with Significant Control

Dragonsway Ltd

75–100% shares
75–100% votes
Appoint directors

Bryngolman Farm, Llangolman, Clynderwen, SA66 7QL

Reg: 2518898 · Wales · Limited Company

Notified 06/04/2016

Former PSCs

Mr Michael John Ritchie

Ceased 21/03/2023

Charges2 outstanding

Charge
outstanding

DBW INVESTMENTS (11) LIMITED

Created 11/12/2024Registered 16/12/2024
Charge
outstanding

DBW INVESTMENTS (11) LIMITED

Created 11/12/2024Registered 12/12/2024
Charge
satisfied

MICHAEL RITCHIE

Created 03/08/2014Registered 20/08/2014Satisfied 11/12/2024
charge
satisfied

HSBC BANK PLC

Created 28/04/2005Registered 04/05/2005Satisfied 15/10/2024
charge
satisfied

HSBC BANK PLC

Created 30/03/2005Registered 05/04/2005Satisfied 15/10/2024

CompanyRankvs 33028+ SIC 41100 peers
43

Financial strength4th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.85× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1French & Jupps Limited
90
2Amalgamated Properties Limited
90
3Hitchin Property Trust Limited(The)
90
4Exepex Estates Limited
90
5London & Western Holdings Plc
90
6Robert Dixon Limited
90
7Rayners (Buildings) Limited
90
8G.W.Proudfoot Limited
90
9Taylor Lindsey Limited
90
10S.D. Holdings Limited
90
33028Dragonsway Wales Ltd
53
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£225k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.7M

Current Liabilities

£593k

Fixed Assets

£17k

Debtors

£27k

0avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.85-£15k
20241.58-£14k
20231.62—

Derived from filed accounts. Not audited figures.