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Drew & Co. (Electrical Contractors) Ltd

03730537

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNITS 2A-2B KAY CLOSE, PLYMOUTH, PL7 4LU
Incorporated 10/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Paul James Burn

director · Since 01/05/2007

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 56

Mr Christopher Wright

director · Since 01/05/2007

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 60

Mr Andrew John Veasey

director · Since 01/03/2016

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mr Timothy Joseph Matthews

director · Since 11/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr Jamie Charles Mcginty

director · Since 11/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Drew & Co Trading Holdings Limited

75–100% shares
75–100% votes

Unit 2a &2b Kay Close, Plympton, Plymouth, PL7 4LU

Reg: 11718747 · England / Wales · Holding Company

Notified 06/02/2019

Mr Andrew John Veasey

Significant control

British · England · Age 44

Units 2a-2b, Kay Close, Plymouth, PL7 4LU

Notified 12/08/2021

Mr Jamie Charles Mcginty

Significant control

British · England · Age 45

Units 2a-2b, Kay Close, Plymouth, PL7 4LU

Notified 12/08/2021

Former PSCs

Mr Andrew Botterill

Ceased 06/02/2019

Dco Holdings Ltd

Ceased 06/02/2019

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 17/12/2013Registered 20/12/2013Satisfied 11/01/2019
Charge
satisfied

LLOYDS BANK PLC

Created 11/11/2013Registered 23/11/2013Satisfied 11/01/2019

CompanyRankvs 127+ SIC 43210 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.86× · 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 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£2.4M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£3.3M

Current Liabilities

£1.2M

Fixed Assets

£314k

Debtors

£1.1M

58avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20252.86-£38k
20242.66-£174k
20231.82+£1.2M
20221.24+£109k
20211.63+£443k
20201.39+£39k
20191.41-£225k
20181.54

Derived from filed accounts. Not audited figures.