Downing Spares Limited
14531106
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 13/11/2025
Due 27/11/2026
Industry
Officers
director · Since 08/12/2022
DIRECTOR
PORTUGUESE · ENGLAND · Age 53
Also on 91 other boards
director · Since 10/01/2024
DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 115 other boards
CompanyRankvs 31170+ SIC 35110 peers39
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.96 |
Derived from filed accounts. Not audited figures.