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Drakeset Limited

01770337

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

UNIT 3, PENSNETT BRIERLEY HILL, DY5 4TL
Incorporated 16/11/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Stephen John Fisher

director · Since 04/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Mr Lee Denton Lloyd Palmer

director · Since 04/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Mr Paul Raymond Stringer

director · Since 04/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Mrs Cynthia Lesley Palmer

director · Since 11/01/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 86

Also on 4 other boards

Mrs Cynthia Lesley Palmer

secretary · Since 30/03/2017

Also on 4 other boards

Persons with Significant Control

Mrs Cynthia Lesley Palmer

50–75% shares
50–75% votes
Appoint directors

British · England · Age 86

Abberley Cottage, The Hill, Abberley, WR6 6BY

Notified 12/07/2018

Former PSCs

Mr Roger Denton Lloyd Palmer Executors Of

Ceased 12/07/2018

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 10/05/2019Registered 16/05/2019
charge
outstanding

LLOYDS BANK PLC

Created 26/07/1998Registered 14/08/1998
charge
outstanding

LLOYD PALMER · ROGER DENTON

Created 21/09/1989Registered 26/09/1989
charge
outstanding

LLOYDS BANK PLC

Created 24/06/1986Registered 03/07/1986

CompanyRankvs 780+ SIC 43210 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£279k

Balance sheet strength

Cash

£242k

Cash in the bank

Net Current Assets

£268k

Working capital

Current Assets

£426k

Current Liabilities

£158k

Fixed Assets

£33k

Debtors

£157k

10avg. employees-2

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£301k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.70+£12k
20242.35+£111k
20231.83+£20k
20222.02+£9k
20211.68+£3k
20202.05-£63k
20191.70

Derived from filed accounts. Not audited figures.