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Dragon Engineering Services Ltd

03380518

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

MORFA WORKS, LLANELLI, SA15 2DN
Incorporated 03/06/1997

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures
25290
Manufacture of other tanks, reservoirs and containers of metal

Officers

Mr Richard John Thomas

director · Since 09/10/2024

MANAGING DIRECTOR

WELSH · UNITED KINGDOM · Age 45

Persons with Significant Control

3ks Engineering Company Limited

75–100% shares
75–100% votes

Morfa Works, Morfa Works, Llanelli, SA15 2DN

Reg: 1221727 · Wales · Limited Company

Notified 22/07/2024

Former PSCs

St David's Holdings Ltd

Ceased 10/02/2023

Mr Nigel Paul Seabridge

Ceased 10/02/2023

St Davids Holdings Limited

Ceased 22/07/2024

Charges4 outstanding

Charge
outstanding

ST DAVIDS HOLDINGS LIMITED

Created 22/07/2024Registered 25/07/2024
Charge
outstanding

ST DAVIDS HOLDINGS LIMITED

Created 10/02/2023Registered 16/02/2023
Charge
outstanding

ST DAVIDS HOLDINGS LIMITED (COMPANY NUMBER: 06061790)

Created 28/09/2015Registered 29/09/2015
charge
outstanding

MIDLAND BANK PLC

Created 24/04/1998Registered 01/05/1998

CompanyRankvs 278+ SIC 25110 peers
73

Financial strength82th percentile among SIC peers · 21/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.64× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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 31/12/2024

Net Worth

£584k

Balance sheet strength

Cash

£137k

Cash in the bank

Net Current Assets

£519k

Working capital

Current Assets

£661k

Current Liabilities

£143k

Fixed Assets

£77k

Debtors

£488k

12avg. employees-3

Tax at Year End(2023)

Corp tax£16k

Balance Sheet

Intangible assets£0
Assets less current liabilities£596k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.64+£20k
20234.08
20221.52
20211.83

Derived from filed accounts. Not audited figures.