D R Groundworks Ltd
05016806
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
medium
Next accounts due
31/07/2026
Confirmation statement
Last: 01/08/2025
Due 15/08/2026
Industry
Officers
director · Since 01/03/2012
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 3 other boards
director · Since 01/03/2012
PRODUCTION DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 2 other boards
director · Since 01/03/2015
SALES DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 1 other board
Persons with Significant Control
Pyramid Holdings Ltd
Unit A, Meadow View Business Park, Upham, SO32 1HJ
Reg: 07961590 · Companies House - England And Wales · Limited Company
Notified 17/06/2016
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 34397+ SIC 41202 peers31
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern As stated in note 2, events or conditions exist which indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinio
Key FinancialsYear ending 31/10/2025
Turnover
£17.8M
Annual revenue
Net Worth
-£705k
Balance sheet strength
Cash
£234k
Cash in the bank
Profit Before Tax
£572k
Bottom line earnings
Net Current Assets
-£719k
Working capital
Current Assets
£2.7M
Current Liabilities
£3.4M
Fixed Assets
£55k
Debtors
£2.3M
Cost of Sales
£15.6M
Gross Profit
£2.2M
Admin Expenses
£1.6M
Operating Profit
£589k
Profit After Tax
£393k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | +£393k |
| 2024 | 0.68 | +£501k |
| 2023 | 0.63 | — |
Derived from filed accounts. Not audited figures.