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Dace Group Limited

09377566

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE ENGINE SHED, BRACKLEY, NN13 7UG
Incorporated 07/01/2015

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/01/2026

Due 21/01/2027

On track

Industry

64204
Activities of distribution holding companies

Officers

Mr Luke Taylor Creighton

director · Since 17/06/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 11 other boards

Mr Duncan James Orange

director · Since 22/05/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 18 other boards

Persons with Significant Control

Buttress Holdings Limited

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

The Engine Shed, Top Station Road, Brackley, NN13 7UG

Reg: 12494013 · Companies House · Private Limited Company

Notified 16/07/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC (AS SECURITY AGENT)

Created 25/01/2024Registered 31/01/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/03/2015Registered 24/03/2015Satisfied 28/02/2024
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 06/03/2015Registered 19/03/2015Satisfied 01/05/2024
Charge
satisfied

ROGER KEITH AS SECURITY TRUSTEE

Created 10/03/2015Registered 17/03/2015Satisfied 02/12/2023

CompanyRankvs 158+ SIC 64204 peers
45

Financial strength91th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

Longevity11/15 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

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

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2024

Turnover

£660

Annual revenue

Net Worth

£2.4M

Balance sheet strength

Cash

£75k

Cash in the bank

Profit Before Tax

-£603k

Bottom line earnings

Net Current Assets

-£7.5M

Working capital

Current Assets

£7.3M

Current Liabilities

£14.8M

Fixed Assets

£9.9M

Debtors

£7.2M

Gross Profit

£660

Admin Expenses

£1.5M

Profit After Tax

-£593k

10avg. employees-4

Tax at Year End

Dividends paid-£6.6M

People Costs

Wages & salaries£756k
NI contributions£98k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49-£3.0M
20200.22

Derived from filed accounts. Not audited figures.