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Derwas Of Welshpool Limited

03734702

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CROSS CHAMBERS, HIGH STREET, POWYS, SY16 2NY
Incorporated 17/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47520
Retail sale of hardware, paints and glass in specialised stores
47789
Other retail sale of new goods in specialised stores

Officers

Ms Eleanor Kaye Derwas

director · Since 07/12/2004

MANAGER

BRITISH · WALES · Age 60

Also on 4 other boards

Persons with Significant Control

Ms Eleanor Kaye Derwas

Significant control

British · Wales · Age 60

Cross Chambers, High Street, Newtown, SY16 2NY

Notified 06/04/2016

Derwas Holdings Limited

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

Cross Chambers, 9 High Street, Newtown, SY16 2NY

Reg: 08840488 · Companies House · Company Limited By Shares

Notified 06/04/2016

Former PSCs

Mr Edward Keith Derwas

Ceased 27/05/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 09/08/2018Registered 15/08/2018

CompanyRankvs 152+ SIC 47520 peers
74

Financial strength84th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.02× · 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.

Employees13/15 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

£298k

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

£281k

Working capital

Current Assets

£374k

Current Liabilities

£93k

Fixed Assets

£26k

Debtors

£21k

8avg. employees

Balance Sheet

Assets less current liabilities£308k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.02-£54k
20233.97+£9k
20222.80+£51k
20213.57+£31k
20204.09+£17k
20193.62-£24k
20183.69

Derived from filed accounts. Not audited figures.