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Down To Groundworks Ltd

08091112

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

63 HIGH STREET, CHISLEHURST, BR7 5BE
Incorporated 31/05/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Hendrik Louw

director · Since 18/07/2012

MANGER

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Hendrik Louw

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

South African · United Kingdom · Age 54

63, High Street, Chislehurst, BR7 5BE

Notified 29/09/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/12/2017Registered 15/12/2017

CompanyRankvs 8005+ SIC 43999 peers
61

Financial strength82th percentile among SIC peers · 21/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 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.

Longevity14/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£97k

Balance sheet strength

Cash

£225k

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£1.0M

Current Liabilities

£966k

Fixed Assets

£228k

Debtors

£796k

2avg. employees

Balance Sheet

Assets less current liabilities£284k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.06+£0
20251.06-£146k
20241.27+£26k
20231.47

Derived from filed accounts. Not audited figures.