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Danamco Limited

07379501

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

23 FARRANCE ROAD, ROMFORD, RM6 6EB
Incorporated 17/09/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts
47910
Retail sale via mail order houses or via Internet

Officers

Mr Aamir Majeed Khan

director · Since 17/09/2010

DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Danish Majeed Khan

director · Since 01/02/2011

EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Aamir Majeed Khan

25–50% shares

British · England · Age 50

23, Farrance Road, Romford, RM6 6EB

Notified 01/08/2016

Mr Danish Majeed Khan

25–50% shares

British · England · Age 43

23, Farrance Road, Romford, RM6 6EB

Notified 01/08/2016

CompanyRankvs 422+ SIC 46520 peers
79

Financial strength75th percentile among SIC peers · 19/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.33× · 20/20
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 strength19/25 pts

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

Employees10/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£52k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£83k

Working capital

Current Assets

£145k

Current Liabilities

£62k

Fixed Assets

£820

Debtors

£22k

2avg. employees

Balance Sheet

Bank loans & overdrafts£32k
Assets less current liabilities£84k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20242.33+£8k
20231.50+£9k
20221.52+£8k
20211.76+£7k
20201.88+£5k
20191.95+£2k
20181.14

Derived from filed accounts. Not audited figures.