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Dry-It-Out Limited

04634183

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

8 THE COURTYARD GOLDSMITH WAY, NUNEATON, CV10 7RJ
Incorporated 13/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35300
Steam and air conditioning supply

Officers

Mrs Sarah Louise Newton Banks

secretary · Since 15/01/2003

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Mr Roger Marcus Banks

director · Since 15/01/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 2 other boards

Persons with Significant Control

Dio (Holdings) Limited

75–100% shares

8 The Courtyard, Goldsmith Way, Eliot Business Park, CV10 7RJ

Reg: 05352083 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 26/08/2009Registered 27/08/2009Satisfied 16/09/2015

CompanyRankvs 354+ SIC 35300 peers
66

Financial strength80th percentile among SIC peers · 20/25
Employees26th percentile among SIC peers · 4/15
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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How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 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 28/02/2025

Net Worth

£122k

Balance sheet strength

Cash

£346k

Cash in the bank

Net Current Assets

£119k

Working capital

Current Assets

£375k

Current Liabilities

£256k

Fixed Assets

£4k

Debtors

£7k

1avg. employees

Balance Sheet

Assets less current liabilities£123k
Signed by 04634183 2024-03-01 2025-02-28 04634183 2025-02-28 04634183 bus:OrdinaryShareClass1 2025-02-28 04634183 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.47-£335
20241.43+£1k
20231.51+£69
20221.50-£116
20211.45+£2k
20201.46-£5k
20191.46

Derived from filed accounts. Not audited figures.