Designworks Norway Limited
06235995
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
John Asbjorn Innvaer
Norwegian · Norway · Age 59
., Rubbestadneset, 5420
Notified 06/04/2016
Jørgen Sølvernes Sandnes
Norwegian · Norway · Age 49
Buskerudveien 29b, Drammen, 3024
Notified 06/04/2016
CompanyRankvs 10651+ SIC 82990 peers79
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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.
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
£245k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£245k
Working capital
Current Assets
£299k
Current Liabilities
£54k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.55 | +£80k |
| 2023 | 4.19 | -£13k |
| 2022 | 4.55 | +£13k |
| 2021 | 4.28 | -£34k |
| 2020 | 5.31 | +£38k |
| 2019 | 5.71 | +£23k |
| 2018 | 5.07 | — |
Derived from filed accounts. Not audited figures.