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Drummond Health Economics Limited

03821123

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

AZETS, TAMWORTH, B78 3HL
Incorporated 06/08/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86220
Specialist medical practice activities

Officers

Margaret Drummond

secretary · Since 18/08/1999

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 77

Mrs Margaret Drummond

director · Since 18/08/1999

ADMINISTRATOR

BRITISH · ENGLAND · Age 77

Michael Drummond

director · Since 18/08/1999

RETIRED PROFESSOR

BRITISH · ENGLAND · Age 78

Persons with Significant Control

Mr Michael Frank Drummond

25–50% shares
25–50% votes

British · England · Age 78

Azets, Ventura Park Road, Tamworth, B78 3HL

Notified 06/04/2016

Mrs Margaret Drummond

25–50% shares
25–50% votes

British · England · Age 77

Azets, Ventura Park Road, Tamworth, B78 3HL

Notified 06/04/2016

CompanyRankvs 7118+ SIC 86220 peers
64

Financial strength52th percentile among SIC peers · 13/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.21× · 12/20
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 strength13/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/08/2024

Net Worth

£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£85k

Current Liabilities

£71k

Fixed Assets

£990

2avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.21-£35k
20231.73-£45k
2022102.69-£15k
20212.96-£15k
20207.97-£4k
20195.09-£18k
20187.84

Derived from filed accounts. Not audited figures.