Dragonsway Wales Ltd
03074527
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/06/1995
COMPANY DIRECTOR
BRITISH · WALES · Age 71
Also on 3 other boards
Persons with Significant Control
Dragonsway Ltd
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
DBW INVESTMENTS (11) LIMITED
DBW INVESTMENTS (11) LIMITED
MICHAEL RITCHIE
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 44082+ SIC 41100 peers39
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£210k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
£376k
Working capital
Current Assets
£1.0M
Current Liabilities
£649k
Fixed Assets
£22k
Debtors
£21k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.58 | -£14k |
| 2023 | 1.62 | — |
Derived from filed accounts. Not audited figures.