Davies Technology Solutions Limited
06329038
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/03/2022
DIRECTOR
BRITISH · ENGLAND · Age 50
Also on 12 other boards
Persons with Significant Control
Davies Group Limited
5th Floor, 20 Gracechurch Street, London, EC3V 0BG
Reg: 06479822 · England And Wales · Private Limited Company
Notified 31/03/2022
Former PSCs
Mr Partrick Conor Mccgwire
Ceased 31/03/2022
Mr Christopher John Williams
Ceased 31/03/2022
Charges3 outstanding
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CompanyRankvs 27907+ SIC 62012 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
performed, 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 Directors with respect to going c
Key FinancialsYear ending 30/09/2021
Turnover
£5.7M
Annual revenue
Net Worth
-£1.1M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Profit Before Tax
£655k
Bottom line earnings
Net Current Assets
-£1.3M
Working capital
Current Assets
£1.8M
Current Liabilities
£3.1M
Fixed Assets
£235k
Debtors
£766k
Cost of Sales
£198k
Gross Profit
£5.5M
Admin Expenses
£4.6M
Operating Profit
£744k
Profit After Tax
£912k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 0.58 |
Derived from filed accounts. Not audited figures.