Back to search

Drax (Uk) Limited

04164079

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

EXETER HOUSE, LETCHWORTH GARDEN CITY, SG6 1UG
Incorporated 20/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Simon John Abley

director · Since 30/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 27 other boards

Mr Simon John Cashmore

director · Since 30/06/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 32 other boards

Mr Daniel James Bratton

director · Since 06/03/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 31 other boards

Persons with Significant Control

Obsequio Group Limited

75–100% shares
75–100% votes
Appoint directors

Sovereign House, 2 Dominus Way, Leicester, LE19 1RP

Reg: 14310347 · Companies House · Limited By Shares

Notified 23/12/2022

Former PSCs

Mr Philip Cunningham

Ceased 30/06/2022

Mr David Raymond Mccombe

Ceased 30/06/2022

Mr Alexander Robert Cother

Ceased 30/06/2022

Obsequio Group Parent Limited

Ceased 23/12/2022

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT FOR ITSELF AND THE OTHER SECURED PARTIES)

Created 25/03/2026Registered 30/03/2026
Charge
satisfied

ALTER DOMUS TRUSTEES (UK) LIMITED (AS SECURITY AGENT)

Created 12/07/2024Registered 15/07/2024Satisfied 31/10/2025
Charge
satisfied

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 02/11/2023Registered 08/11/2023Satisfied 22/07/2025
Charge
satisfied

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 28/02/2023Registered 08/03/2023Satisfied 22/07/2025
Charge
satisfied

GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)

Created 30/06/2022Registered 01/07/2022Satisfied 22/07/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/12/2021Registered 21/12/2021Satisfied 09/08/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/11/2001Registered 29/11/2001Satisfied 27/06/2018

CompanyRankvs 768+ SIC 82990 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

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.

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 30/09/2021

Net Worth

£1.3M

Balance sheet strength

Cash

£974k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.3M

Current Liabilities

£992k

Fixed Assets

£151k

Debtors

£1.1M

37avg. employees-4

Tax at Year End

Corp tax£79k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20212.28-£253k
20202.76+£94k
20192.72+£219k
20182.18

Derived from filed accounts. Not audited figures.