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Drains First Limited

05739114

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

OFFICE 010 UPPER WORTLEY BUSINESS CENTRE, LEEDS, LS12 4JG
Incorporated 10/03/2006

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 10/03/2026

Due 24/03/2027

On track

Industry

37000
Sewerage

Officers

Mrs Joanne Gill

secretary · Since 10/03/2006

NONE

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr David Michael Gill

director · Since 10/03/2006

DRAINAGE OPERATOR

BRITISH · ENGLAND · Age 57

Mrs Joanne Gill

director · Since 10/03/2006

NONE

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Callum James Gill

director · Since 05/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 20

Persons with Significant Control

Mrs Joanne Gill

25–50% shares
25–50% votes

British · England · Age 53

Office 010, Upper Wortley Business Centre, Leeds, LS12 4JG

Notified 09/03/2017

Mr David Michael Gill

25–50% shares

British · England · Age 57

Office 010, Upper Wortley Business Centre, Leeds, LS12 4JG

Notified 09/03/2017

CompanyRankvs 410+ SIC 37000 peers
60

Financial strength50th percentile among SIC peers · 13/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.7× · 6/20
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 strength13/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£35k

Current Liabilities

£51k

Fixed Assets

£37k

4avg. employees-1

Balance Sheet

Assets less current liabilities£22k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20250.70+£8k
20240.71
20231.02
20221.15
20210.93
20200.92
20190.81

Derived from filed accounts. Not audited figures.