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Drewlec Limited

00819853

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

865 RINGWOOD ROAD, BOURNEMOUTH, BH11 8LW
Incorporated 17/09/1964

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/11/2025

Due 15/11/2026

On track

Industry

43210
Electrical installation

Officers

Mr Nicholas Kevin Hand

director · Since 16/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Nicholas Kevin Hand

75–100% shares
75–100% votes

British · England · Age 35

865 Ringwood Road, Bournemouth, BH11 8LW

Notified 16/11/2020

Former PSCs

James Drewitt & Son Ltd

Ceased 16/11/2020

CompanyRankvs 12006+ SIC 43210 peers
63

Financial strength47th percentile among SIC peers · 12/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 36.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees1/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£4k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

£153k

Working capital

Current Assets

£157k

Current Liabilities

£4k

Fixed Assets

£0

Debtors

£87k

0avg. employees-14

Tax at Year End(2024)

Corp tax£0

Balance Sheet

Assets less current liabilities£153k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202536.03-£159k
20242.00-£125k
20232.59-£88k
20222.10+£144k
20211.39+£76k
20202.56

Derived from filed accounts. Not audited figures.