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Drax Executive Limited

04929079

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)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SAVOY HILL HOUSE, LONDON, WC2R 0BU
Incorporated 10/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
78300
Human resources provision and management of human resources functions

Officers

Mr Graham Roadnight

director · Since 10/10/2003

HEADHUNTER

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Mr Marco Anatriello

director · Since 07/12/2023

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 44

Also on 8 other boards

Samuel Robberts

director · Since 07/12/2023

CHIEF PRODUCT OFFICER

BRITISH · ENGLAND · Age 34

Also on 5 other boards

Mr Mohammed Belal Tahir

director · Since 07/12/2023

INVESTMENT MANAGER

BRITISH · ENGLAND · Age 33

Also on 8 other boards

Persons with Significant Control

Lcap Group Limited

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

Savoy Hill House, 7-10 Savoy Hill, London, WC2R 0BU

Reg: 12253108 · Uk Companies House · Private Limited Company

Notified 11/03/2020

Former PSCs

Mr Graham Roadnight

Ceased 11/03/2020

Ms Ruby Navyjot Sheera

Ceased 11/03/2020

Charges1 outstanding

Charge
outstanding

TH ORION S.À R.L. AS SECURITY TRUSTEE

Created 05/01/2024Registered 10/01/2024
Charge
satisfied

COUTTS & COMPANY

Created 22/07/2020Registered 23/07/2020Satisfied 11/06/2024

CompanyRankvs 9215+ SIC 62012 peers
50

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Liquidity0/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2024

Net Worth

£12.0M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Profit Before Tax

£3.2M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

£4.2M

Fixed Assets

£128k

Debtors

£11.4M

Cost of Sales

£464k

Admin Expenses

£15.8M

Profit After Tax

£3.6M

90avg. employees+4

Tax at Year End

Dividends paid£200k

People Costs

Wages & salaries£10.6M

Balance Sheet

Intangible assets£2.8M
Bank loans & overdrafts£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£3.8M
2022+£4.7M
20192.02

Derived from filed accounts. Not audited figures.