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Davro Group Limited

12171796

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

4TH FLOOR ELSLEY COURT, LONDON, W1W 8BE
Incorporated 23/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Louis Alexander Payne

director · Since 23/08/2019

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 6 other boards

Stephen Richard Payne

director · Since 23/08/2019

DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 59

Persons with Significant Control

Stephen Richard Payne

75–100% shares
75–100% votes

British · United Arab Emirates · Age 59

4th Floor Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE

Notified 23/08/2019

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 27/02/2023Registered 28/02/2023
Charge
satisfied

CENTRIC SPV 1 LTD.

Created 27/11/2020Registered 30/11/2020Satisfied 02/02/2024

CompanyRankvs 7306+ SIC 64209 peers
47

Financial strength87th percentile among SIC peers · 22/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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.

Longevity7/15 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the 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 going con

Key FinancialsYear ending 31/03/2023

Net Worth

£1.1M

Balance sheet strength

Cash

£447

Cash in the bank

Net Current Assets

£655

Working capital

Current Assets

£109k

Current Liabilities

£109k

Fixed Assets

£3.0M

Debtors

£109k

Profit After Tax

£1.9M

2avg. employees

Tax at Year End

Dividends paid£1.9M

Balance Sheet

Assets less current liabilities£3.0M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20231.01+£0
20211.01—

Derived from filed accounts. Not audited figures.