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Dw Innovations Ltd

13871618

active
Private Limited Company
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)
  • Going concern doubt noted in accounts (-10)

Details

C/O AZETS CARNAC PLACE, FAREHAM, PO16 8UY
Incorporated 25/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Ms Marnie Sara Williams

director · Since 25/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mr Gavin Anthony Waller

director · Since 15/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Ms Marnie Sara Williams

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

British · United Kingdom · Age 38

Unit 2.01 Hollinwood Business Centre, Albert Street, Hollinwood, OL8 3QL

Notified 25/01/2022

CompanyRankvs 10803+ SIC 93290 peers
27

Financial strength5th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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.

Longevity5/15 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

a review of the company's operational plans and financing arrangements. Based on this assessment, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, they recognise that material uncertainties exist which may cast significant doubt on the company's ability to continue as a going concern. DW INNOVATIONS LIMI

Key FinancialsYear ending 31/01/2024

Net Worth

-£89k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£96k

Working capital

Current Assets

£67k

Current Liabilities

£163k

Fixed Assets

£85k

10avg. employees+2

Balance Sheet

Assets less current liabilities-£11k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.41-£70k
20230.79—

Derived from filed accounts. Not audited figures.