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Drain Tec Midlands Limited

05748939

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

40 CENTENARY BUSINESS CENTRE, NUNEATON, CV11 6RY
Incorporated 20/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

P S Accountancy Ltd

secretary · Since 20/03/2006

BRITISH

Also on 12 other boards

Mr Paul Bagley

director · Since 20/03/2006

DRAINAGE ENGINEER

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Persons with Significant Control

Mr Paul Bagley

Significant control

British · England · Age 55

40, Centenary Business Centre, Nuneaton, CV11 6RY

Notified 20/03/2017

CompanyRankvs 39865+ SIC 96090 peers
56

Financial strength78th percentile among SIC peers · 20/25
Employees40th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
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.

Employees6/15 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.

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

£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£3k

Current Liabilities

Fixed Assets

£23k

1avg. employees

Balance Sheet

Assets less current liabilities£26k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£24k
20242.08-£24k
20235.67+£25k
20225.30+£26k
20211.50-£29k
20200.11+£4k
20190.40

Derived from filed accounts. Not audited figures.