Dragon Water Technologies Limited
11387683
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 08/10/2018
Persons with Significant Control
Mr Stephen William Tappin
Welsh · Wales · Age 64
Merlin House, 1 Langstone Business Park,Newport., 1 Langstone Business Park, Newport, NP18 2HJ
Notified 30/05/2018
Charges1 outstanding
DBW INVESTMENTS (10) LIMITED
CompanyRankvs 978+ SIC 36000 peers22
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2023
Net Worth
-£79k
Balance sheet strength
Cash
£8
Cash in the bank
Net Current Assets
-£28k
Working capital
Current Assets
£13k
Current Liabilities
£41k
Debtors
£13k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.31 | -£3k |
| 2022 | 0.17 | -£9k |
| 2021 | 0.12 | -£11k |
| 2020 | 0.05 | — |
| 2019 | 0.20 | — |
Derived from filed accounts. Not audited figures.