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Downing Spares Limited

14531106

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

10 LOWER THAMES STREET, LONDON, EC3R 6AF
Incorporated 08/12/2022

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/11/2025

Due 27/11/2026

On track

Industry

35110
Production of electricity

Officers

Mr Nuno Miguel Palhares Tome

director · Since 08/12/2022

DIRECTOR

PORTUGUESE · ENGLAND · Age 53

Also on 91 other boards

Ms Saffron Hooper-Kay

director · Since 10/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 115 other boards

Thames Street Services Limited

director · Since 10/01/2024

Also on 157 other boards

CompanyRankvs 31170+ SIC 35110 peers
39

Financial strength44th percentile among SIC peers · 11/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£518k

Current Liabilities

£537k

Debtors

£173k

Profit After Tax

-£19k

0avg. employees

Balance Sheet

Assets less current liabilities-£19k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.96

Derived from filed accounts. Not audited figures.