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Db Realisations Limited

10690791

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O A2E INDUSTRIES LIMITED, MANCHESTER, M2 1HW
Incorporated 27/03/2017

Compliance

Last accounts

30/11/2024

group

Next accounts due

29/08/2026

On track

Confirmation statement

Last: 26/03/2026

Due 09/04/2027

On track

Industry

49420
Removal services

Officers

Mr William Robert John Rawkins

director · Since 27/03/2017

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 40 other boards

Apadana Management Limited

director · Since 30/06/2017

Also on 31 other boards

Mr Amin Amiri

director · Since 08/05/2025

ENTREPRENEUR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Pasargad 1 Limited

50–75% votes
Appoint directors

C/O Shoosmiths Llp, 100, Avebury Boulevard, Milton Keynes, MK9 1FH

Reg: 13082420 · England And Wales · Private Limited Company

Notified 03/03/2021

Removal Investment Limited

25–50% votes

1 Marsden Street, C/O A2e Industries Ltd, Manchester, M2 1HW

Reg: 16043102 · The Registrar Of Companies At Companies House · Private Limited Company

Notified 29/10/2024

Former PSCs

Mr Said Amin Amiri

Ceased 03/03/2021

Mr William Robert John Rawkins

Ceased 29/10/2020

A2e Industries Limited

Ceased 01/05/2025

Charges0 outstanding

Charge
satisfied

A2E INDUSTRIES LIMITED

Created 01/12/2023Registered 04/12/2023Satisfied 30/04/2025
Charge
satisfied

CONNECTION CAPITAL LLP (THE SECURITY AGENT)

Created 27/11/2019Registered 03/12/2019Satisfied 04/12/2023
Charge
satisfied

A2E INDUSTRIES LIMITED (AS SECURITY TRUSTEE FOR THE LOAN NOTEHOLDERS)

Created 02/09/2019Registered 18/09/2019Satisfied 30/04/2025
Charge
satisfied

GEOFFREY WATSON (AS SECURITY TRUSTEE FOR THE LOAN NOTE HOLDERS)

Created 31/07/2017Registered 04/08/2017Satisfied 03/12/2019
Charge
satisfied

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 30/06/2017Registered 05/07/2017Satisfied 06/05/2025

CompanyRankvs 2842+ SIC 49420 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees12/15 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.

Longevity9/15 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

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/11/2024

Net Worth

-£1.7M

Balance sheet strength

Cash

£116k

Cash in the bank

Net Current Assets

-£4.9M

Working capital

Current Assets

£10k

Current Liabilities

£4.9M

Fixed Assets

£3.0M

Debtors

£10k

Cost of Sales

£12.6M

Admin Expenses

£5.4M

Profit After Tax

-£666k

3avg. employees

Tax at Year End

Corp tax£37k

People Costs

Wages & salaries£6.5M

Balance Sheet

Intangible assets£1.5M
Assets less current liabilities£4.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£3.4M
20230.00+£1.8M

Derived from filed accounts. Not audited figures.