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Davard Care Homes Limited

03713056

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

SWIFT HOUSE, GROUND FLOOR, CHELMSFORD, CM1 1GU
Incorporated 12/02/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87100
Residential nursing care facilities

Officers

David Nigel Benjamin Farndon

director · Since 12/02/1999

DIRECTOR

BRITISH · ENGLAND · Age 70

Mr David Farndon

secretary · Since 18/10/2022

Persons with Significant Control

David Nigel Benjamin Farndon

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

British · England · Age 70

Rectory Cottage, 28 Hall Lane, Brentwood, CM15 9AL

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

CREDIT SUISSE FIRST BOSTON

Created 20/08/1999Registered 31/08/1999
charge
outstanding

CREDIT SUISSE FIRST BOSTON

Created 29/06/1999Registered 16/07/1999
charge
outstanding

CREDIT SUISSE FIRST BOSTON

Created 29/06/1999Registered 16/07/1999

CompanyRankvs 151+ SIC 87100 peers
76

Financial strength96th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.77× · 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 strength24/25 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 31/07/2024

Net Worth

£3.7M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.8M

Current Liabilities

£472k

Fixed Assets

£2.5M

Debtors

£5k

35avg. employees

Balance Sheet

Assets less current liabilities£3.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.77+£289k
20236.66+£192k
20226.48+£78k
20215.74+£45k
20206.01+£54k
20197.98-£151k
20186.56

Derived from filed accounts. Not audited figures.