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Damasc Ltd

07805634

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

WAYSIDE, FEERING, CO5 9SE
Incorporated 11/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr David Patrick Grisdale

director · Since 11/10/2011

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr David Patrick Grisdale

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

Irish · United Kingdom · Age 58

Wayside, Inworth Road, Colchester, CO5 9SE

Notified 29/06/2016

CompanyRankvs 41051+ SIC 62020 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio -17.28× · 2/20
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.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/10/2023

Net Worth

£750k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£750k

Working capital

Current Assets

£796k

Current Liabilities

-£46k

1avg. employees

Balance Sheet

Total assets£796k
Assets less current liabilities£750k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202317.28+£115k
202215.16+£67k
202113.87+£127k
202011.37+£94k
20199.53+£84k
201812.28

Derived from filed accounts. Not audited figures.