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Drake Finance Limited

05320637

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

51 GOODALL STREET, WALSALL, WS1 1QJ
Incorporated 23/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64921
64921

Officers

Mr Paul Antony Broadgate

director · Since 23/12/2004

SELF EMPLOYED IN MANUFACTURE R

BRITISH · UNITED KINGDOM · Age 59

Also on 13 other boards

Mrs Susan Jean Broadgate

secretary · Since 24/05/2012

Persons with Significant Control

Mr Paul Antony Broadgate

25–50% shares

British · United Kingdom · Age 59

51, Goodall Street, Walsall, WS1 1QJ

Notified 06/04/2016

CompanyRankvs 158+ SIC 64921 peers
70

Financial strength48th percentile among SIC peers · 12/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.51× · 20/20
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 strength12/25 pts

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

Employees8/15 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.

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

£928

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£928

Working capital

Current Assets

£2k

Current Liabilities

£613

1avg. employees

Balance Sheet

Assets less current liabilities£928
Signed by 1.1.25Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20252.51
20252.51
2024-£72
202374.31-£926
2022-£844

Derived from filed accounts. Not audited figures.