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Dar Lighting Limited

05270864

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

C/O DAR LIGHTING, BANBURY, OX16 3JZ
Incorporated 27/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499

Officers

Nicola Jane Cosgrove Mcguirk

director · Since 11/11/2004

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Miss Nicola Jane Cosgrove-Mcguirk

secretary · Since 30/09/2010

Persons with Significant Control

Castlegate 624 Limited

75–100% shares
75–100% votes

Dar Lighting, Wildmere Road, Banbury, OX16 3JZ

Reg: 07328014 · Companies House · Limited

Notified 14/04/2023

Former PSCs

Ms Nicola Jane Mcguirk

Ceased 14/04/2023

Charges6 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 14/04/2023Registered 17/04/2023
Charge
outstanding

LLOYDS BANK PLC

Created 14/04/2023Registered 17/04/2023
Charge
satisfied

LLOYDS BANK PLC

Created 17/08/2018Registered 20/08/2018Satisfied 24/04/2023
Charge
outstanding

LLOYDS TSB BANK PLC

Created 03/07/2013Registered 05/07/2013
Charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 28/06/2013Registered 05/07/2013
Charge
outstanding

LLOYDS TSB BANK PLC

Created 03/07/2013Registered 05/07/2013
charge
outstanding

CLYDESDALE BANK PLC

Created 30/09/2010Registered 14/10/2010
charge
satisfied

INVESTEC BANK PLC

Created 30/09/2010Registered 13/10/2010Satisfied 04/07/2013
charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY

Created 04/02/2005Registered 16/02/2005Satisfied 09/10/2010

CompanyRankvs 28+ SIC 46499 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 30/06/2024

Turnover

£29.2M

Annual revenue

Net Worth

£7.0M

Balance sheet strength

Cash

£600k

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£6.5M

Working capital

Current Assets

£11.8M

Current Liabilities

£5.3M

Fixed Assets

£1.7M

Debtors

£4.5M

Cost of Sales

£15.4M

Gross Profit

£13.8M

Admin Expenses

£10.2M

Operating Profit

£1.3M

Profit After Tax

£1.1M

170avg. employees+13

Tax at Year End

Corp tax£269k
Dividends paid-£39k

People Costs

Wages & salaries£6.0M
NI contributions£611k

Balance Sheet

Intangible assets£1.2M
Assets less current liabilities£8.2M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20242.24-£3.4M
20222.85—

Derived from filed accounts. Not audited figures.