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Drum Developments (North West) Limited

02534043

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

52 CHORLEY NEW ROAD, BOLTON, BL1 4AP
Incorporated 23/08/1990

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 23/08/2025

Due 06/09/2026

On track

Industry

41201
Construction of commercial buildings

Officers

Mr Michael Joseph English

director · Since 23/02/2026

BRITISH · ENGLAND · Age 56

Also on 18 other boards

Mr Anthony Mcmullen

director · Since 23/02/2026

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mr Patrick James Waldron

director · Since 23/02/2026

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Bloom Street Hotel Limited

75–100% shares

52, Chorley New Road, Bolton, BL1 4AP

Notified 23/02/2026

Former PSCs

Mr Christopher Taylor Kerkham

Ceased 23/02/2026

Mr John Francis Lowe

Ceased 23/02/2026

Charges1 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 23/02/2026Registered 24/02/2026
charge
satisfied

YORKSHIRE BANK PLC

Created 15/09/1994Registered 17/09/1994Satisfied 30/07/2021
charge
satisfied

YORKSHIRE BANK PLC

Created 06/09/1994Registered 13/09/1994Satisfied 30/07/2021

CompanyRankvs 3102+ SIC 41201 peers
64

Financial strength95th percentile among SIC peers · 24/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 3.99× · 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 strength24/25 pts

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

Employees0/15 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 28/02/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.4M

Current Liabilities

£339k

Debtors

£4k

Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.99+£219
20243.98+£97
20234.01-£589
20224.83+£228
20215.02-£829
20205.40+£5k
20195.49

Derived from filed accounts. Not audited figures.