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Damian Cronin Limited

06582886

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

99/1 CHOLLERTON DRIVE, BENTON, NE12 9SZ
Incorporated 02/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture
43320
Joinery installation
71129
Other engineering activities
74100
Specialised design activities

Officers

Mrs Wendy Elizabeth Cronin

secretary · Since 02/05/2008

Also on 6 other boards

Mr Damian Joseph Cronin

director · Since 02/05/2008

MANAGING DIRECTOR

IRISH · UNITED KINGDOM · Age 64

Mrs Wendy Elizabeth Cronin

director · Since 31/01/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 6 other boards

Persons with Significant Control

Damian Cronin Holdings Limited

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

99/1 Chollerton Drive, North Tyne Industrial Estate, Benton, NE12 9SZ

Reg: 15284085 · Companies House · Private Company Limited By Shares

Notified 07/02/2024

Former PSCs

Mr Damian Joseph Cronin

Ceased 07/02/2024

Mrs Wendy Elizabeth Cronin

Ceased 07/02/2024

Nova Mg Investments Limited

Ceased 07/02/2024

Charges0 outstanding

Charge
satisfied

AIB GROUP (UK) PLC

Created 19/05/2015Registered 23/05/2015Satisfied 30/11/2022
Charge
satisfied

AIB GROUP (UK) PLC

Created 19/05/2015Registered 23/05/2015Satisfied 14/12/2022

CompanyRankvs 290+ SIC 31090 peers
82

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Liquidity12/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£438k

Cash in the bank

Net Current Assets

£623k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.4M

Fixed Assets

£1.4M

Debtors

£1.5M

37avg. employees+8

Tax at Year End(2024)

Corp tax£490k
Dividends paid£6.4M

People Costs(2024)

Wages & salaries£1.1M
NI contributions£16k

Balance Sheet

Intangible assets£20k
Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.46-£694k
20241.79-£4.6M
20233.50+£2.5M
20223.61+£2.8M
20211.80+£106k
20205.32+£242k
20192.03+£315k
20182.63

Derived from filed accounts. Not audited figures.