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Drainrite Plant Services Limited

04029868

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

SUITE 10 VERMONT HOUSE BRADLEY LANE, WIGAN, WN6 0XF
Incorporated 10/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77120
Renting and leasing of trucks

Officers

Mr Richard William Fletcher

director · Since 10/07/2000

DRAINAGE ENGINEER

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

Persons with Significant Control

Mr Richard William Fletcher

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 67

Suite 10 Vermont House, Bradley Lane, Wigan, WN6 0XF

Notified 01/07/2016

CompanyRankvs 251+ SIC 77120 peers
65

Financial strength67th percentile among SIC peers · 17/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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251Drainrite Plant Services Limited
65
How is this score calculated?
Financial strength17/25 pts

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

Employees6/15 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 31/12/2025

Net Worth

£166k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£112k

Current Liabilities

£77k

Fixed Assets

£154k

Debtors

£100k

1avg. employees

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities£190k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.47+£48k
20240.98-£86k
20231.66+£52k
20221.37+£22k
20211.14—

Derived from filed accounts. Not audited figures.