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Dragonbet Ltd

15718764

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2 ALEXANDRA GATE, CARDIFF, CF24 2SA
Incorporated 14/05/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

92000
Gambling and betting activities

Officers

Mr David Edward Lovell

director · Since 14/05/2024

COMPANY DIRECTOR

BRITISH · WALES · Age 39

Also on 4 other boards

Mr James John Leslie Lovell

director · Since 14/05/2024

COMPANY DIRECTOR

BRITISH · WALES · Age 42

Also on 1 other board

Persons with Significant Control

Lovells Group Limited

75–100% shares
75–100% votes

2 Alexandra Gate, Fford Pengam, Cardiff, CF24 2SA

Reg: 15712962 · Uk Register Of Companies · Private Company Limited By Shares

Notified 14/05/2024

CompanyRankvs 530+ SIC 92000 peers
33

Financial strength5th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity2 years trading (max 15) · 2/15
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.

Employees13/15 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.

Longevity2/15 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

there may be significant doubt regarding the company’s ability to continue as a going concern. However, the directors are confident that the company will become profitable within the next 12 months as the brand gains traction and trading activity increases. Based on this expectation, and the

Key FinancialsYear ending 30/11/2024

Net Worth

-£114k

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£383k

Working capital

Current Assets

£1.4M

Current Liabilities

£970k

Fixed Assets

£3k

Debtors

£138k

8avg. employees

Balance Sheet

Assets less current liabilities£386k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20241.39

Derived from filed accounts. Not audited figures.