DOWNBAY LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-01 (in 4mo)
Last made up 2025-08-18
Watchouts
None on the register
Cash
£788K
+118.4% vs 2023
Net assets
£4M
+43% vs 2023
Employees
155
+6.9% vs 2023
Profit before tax
£2M
+32.2% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £17,337,537 | £22,841,208 | |
| Operating profit | £1,136,465 | £1,506,438 | |
| Profit before tax | £1,134,897 | £1,500,406 | |
| Net profit | £974,452 | £1,072,674 | |
| Cash | £360,624 | £787,685 | |
| Total assets less current liabilities | £2,494,260 | £3,566,934 | |
| Net assets | £2,494,260 | £3,566,934 | |
| Equity | £2,494,260 | £3,566,934 | |
| Average employees | 145 | 155 | |
| Wages | £12,101,427 | £14,480,615 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 6.6% | 6.6% | |
| Net margin | 5.6% | 4.7% | |
| Return on capital employed | 45.6% | 42.2% | |
| Current ratio | 1.43x | 1.54x | |
| Interest cover | 724.79x | 249.74x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis of accounting. The time period that the directors have considered in evaluating the appropriateness of the going concern basis of accounting is a period of 12 months from the date of approval of these financial statements (the 'period of assessment').”
Significant events
- “There were no post balance sheet events requiring disclosure in the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOYLAN, Paul | Director | 2017-01-19 | Apr 1973 | Irish |
| JOYCE, Richard | Director | 2021-11-05 | Feb 1968 | Irish |
| RIORDAN, Michael | Director | 2017-01-19 | Feb 1971 | Irish |
| WILLIAMSON, John David | Director | 2020-07-15 | Aug 1967 | Irish |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAMPBELL, Gerard | Director | 2017-01-19 | 2021-11-05 |
| CRIBBIN, Ken | Director | 2019-06-29 | 2020-07-15 |
| KEHOE, Paul Edward, Mr. | Director | 2016-08-19 | 2019-06-28 |
| MORRIS, Brian | Director | 2021-11-05 | 2023-05-05 |
| MULVANEY, Rory Aidan | Director | 2016-11-10 | 2017-02-01 |
| SCULLY, Derry | Director | 2017-01-19 | 2021-11-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gerard Campbell | Individual | Significant influence | 2017-09-21 | Ceased 2021-06-10 |
| Anchorbuoy Ltd | Corporate entity | Shares 75–100% | 2016-08-19 | Ceased 2016-08-19 |
Filing timeline
Last 20 of 49 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-03-12 MA Memorandum articles
- 2022-03-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-15 | AA | accounts | Accounts with accounts type full | |
| 2024-09-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type small | |
| 2023-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-22 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-29 | AA | accounts | Accounts with accounts type small | |
| 2022-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-03-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-03-12 | MA | incorporation | Memorandum articles | |
| 2022-03-12 | RESOLUTIONS | resolution | Resolution | |
| 2021-11-05 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-05 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-10-12 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+31.7%
£17,337,537 £22,841,208
-
Cash
+118.4%
£360,624 £787,685
-
Net assets
+43%
£2,494,260 £3,566,934
-
Employees
+6.9%
145 155
-
Operating profit
+32.6%
£1,136,465 £1,506,438
-
Profit before tax
+32.2%
£1,134,897 £1,500,406
-
Wages
+19.7%
£12,101,427 £14,480,615
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers