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Peter Drew Contracts Ltd.

02763358

active
Private Limited Company
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

2 BIDFORD ROAD, ALCESTER, B50 4HF
Incorporated 09/11/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14120
Manufacture of workwear

Officers

Mr Timothy Christopher Drew

director · Since 09/11/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 7 other boards

Mr Oliver Timothy Drew

director · Since 26/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Mr Richard James Drew

director · Since 26/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Mr Richard Daniel Martin

director · Since 26/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Timothy Christopher Drew

ownership-of-shares-75-to-100-percent-as-trust

British · England · Age 66

2 Bidford Road, Alcester, B50 4HF

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/03/2015Registered 30/03/2015
Charge
satisfied

HSBC BANK PLC

Created 23/09/2013Registered 24/09/2013Satisfied 27/11/2015
charge
satisfied

HSBC BANK PLC

Created 28/09/2011Registered 01/10/2011Satisfied 27/11/2015
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 20/05/2011Registered 24/05/2011Satisfied 27/11/2015
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 20/05/2011Registered 24/05/2011Satisfied 27/11/2015
charge
satisfied

BARCLAYS BANK PLC

Created 01/02/2001Registered 17/02/2001Satisfied 13/10/2011
charge
satisfied

BARCLAYS BANK PLC

Created 14/05/1999Registered 03/06/1999Satisfied 28/04/2011
charge
satisfied

VENTURE FACTORS PLC

Created 06/02/1996Registered 08/02/1996Satisfied 13/11/2010
charge
satisfied

P.G. DREW

Created 28/01/1993Registered 30/01/1993Satisfied 13/03/2013

CompanyRankvs 12+ SIC 14120 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.48× · 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.

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 31/12/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£341k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£1.9M

Current Liabilities

£226k

Fixed Assets

£327k

Debtors

£722k

22avg. employees+2

Balance Sheet

Intangible assets£29k
Assets less current liabilities£2.0M
Signed by Mr T C Drew 17 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.48+£2.0M
20235.92-£1.9M
20227.15+£136k
202112.32-£30k
20207.14+£80k
20195.90+£70k
20184.31+£32k
20173.36

Derived from filed accounts. Not audited figures.