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Dri-Pak Limited

00705398

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

FURNACE ROAD, DERBYS, DE7 5EP
Incorporated 11/10/1961

Compliance

Last accounts

30/09/2024

medium

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 18/05/2025

Due 01/06/2026

On track

Industry

10890
Manufacture of other food products
20411
20411

Officers

Robert Edward Fenton

director · Since 09/04/2021

British

Graham Hay

director · Since 28/07/2022

British

Aron Lee James

director · Since 09/04/2021

British

Shingisai John Pfuma Makwembere

director · Since 15/06/2024

British

Former

Lynn Elizabeth Brett

secretary · Resigned 09/04/2021

Samantha Kathryn Abell

director · Resigned 09/04/2021

Judith Ann Bowen-Jones

director · Resigned 06/07/2017

Edward Thomas Boyle

director · Resigned 30/04/2002

Michael David James Francis

director · Resigned 08/06/2018

Bruce James Peter Maxwell

director · Resigned 09/04/2021

Carolyn Mary Maxwell

director · Resigned 09/04/2021

James Maxwell

director · Resigned 04/02/2004

Jillian Maxwell

director · Resigned 09/04/2021

Nellie Maxwell

director · Resigned 08/11/1996

Peter Stuart Maxwell

director · Resigned 09/04/2021

Michael Joseph Pugh

director · Resigned 31/08/2005

Graham Robert Robinson

director · Resigned 17/04/2024

CompanyRankvs 105+ SIC 10890 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.56× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

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

Longevity15/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2024

Turnover

£20.1M

Annual revenue

Net Worth

£11.8M

Balance sheet strength

Cash

£5k

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£11.7M

Working capital

Current Assets

£19.1M

Current Liabilities

£7.5M

Fixed Assets

£3.2M

Debtors

£16.2M

Cost of Sales

£13.1M

Gross Profit

£7.0M

Admin Expenses

£5.7M

Operating Profit

£1.5M

Profit After Tax

£956k

95avg. employees+1

Tax at Year End

Corp tax£356k

People Costs

Wages & salaries£2.7M
NI contributions£256k

Balance Sheet

Bank loans & overdrafts£257k
Assets less current liabilities£14.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.56+£580k
20232.83

Derived from filed accounts. Not audited figures.