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Daman Holdings Ltd

12250653

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

66 ROUNDMEAD AVENUE, LOUGHTON, IG10 1PZ
Incorporated 08/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
55900
Other accommodation
64303
Activities of venture and development capital companies
64304
Activities of open-ended investment companies

Officers

Dato Douglas Cheng Heng Lee

director · Since 07/04/2022

COMPANY DIRECTOR

MALAYSIAN · MALAYSIA · Age 50

Persons with Significant Control

Dc & Sons Sdn. Bhd.

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

K-7-10, Block No 2, Jalan Solaris, Solaris Mont Kiara, Kuala Lumpur, 50480

Reg: 1281350-U · Companies Commission Of Malaysia · Limited

Notified 02/03/2022

Former PSCs

Mushroom Daman Sdn. Bhd.

Ceased 02/03/2022

Charges2 outstanding

Charge
outstanding

CIMB BANK BERHAD

Created 20/05/2024Registered 03/06/2024
Charge
outstanding

CIMB BANK BERHAD

Created 20/05/2024Registered 30/05/2024
Charge
satisfied

ORTUS SECURED FINANCE I LIMITED

Created 18/05/2022Registered 19/05/2022Satisfied 11/07/2023
Charge
satisfied

ORTUS SECURED FINANCE I LIMITED

Created 18/05/2022Registered 19/05/2022Satisfied 11/07/2023

CompanyRankvs 78839+ SIC 41100 peers
17

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£313k

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£102k

Current Liabilities

£1.3M

Debtors

£40k

0avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.08
20230.00
20220.01

Derived from filed accounts. Not audited figures.