Back to search

Drain Technology (Uk) Limited

05395560

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

22 NUFFIELD WAY, ABINGDON, OX14 1RL
Incorporated 17/03/2005

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/08/2025

Due 14/09/2026

On track

Industry

42910
Construction of water projects
43220
Plumbing, heat and air-conditioning installation
43999
Specialised construction activities

Officers

Mrs Nicola Ferrito

secretary · Since 17/03/2005

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mrs Nicola Ferrito

director · Since 17/03/2005

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Paul Ferrito

director · Since 17/03/2005

DRAIN TECHNOLOGIST

BRITISH · UNITED KINGDOM · Age 53

Mr Matthew Andrews

director · Since 10/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Andrew John Paul Bell

director · Since 29/01/2025

COMPANY DIRECTOR

BRITISH · WALES · Age 52

Persons with Significant Control

Mr Paul Ferrito

50–75% shares
50–75% votes

British · United Kingdom · Age 53

22, Nuffield Way, Abingdon, OX14 1RL

Notified 06/04/2016

Mrs Nicola Ferrito

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 54

22, Nuffield Way, Abingdon, OX14 1RL

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 24/04/2026Registered 30/04/2026
Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 24/04/2026Registered 24/04/2026
Charge
satisfied

UK WORKING CAPITAL LIMITED

Created 24/10/2024Registered 24/10/2024Satisfied 16/04/2026

CompanyRankvs 96+ SIC 42910 peers
69

Financial strength89th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.5× · 12/20
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 strength22/25 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.

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.

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 31/03/2025

Net Worth

£704k

Balance sheet strength

Cash

£419k

Cash in the bank

Net Current Assets

£444k

Working capital

Current Assets

£1.3M

Current Liabilities

£896k

Fixed Assets

£2.0M

Debtors

£921k

50avg. employees+5

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50-£174k
20241.80+£319k
20231.66-£18k
20222.18+£226k
20211.56+£92k
20201.54+£53k
20192.08

Derived from filed accounts. Not audited figures.