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Drains 4 Less Limited

05811146

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

7 LORING ROAD, NEWCASTLE, ST5 8EF
Incorporated 09/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Lorraine Davenhill

secretary · Since 09/05/2006

BRITISH

Colin Rahmatalla

director · Since 09/05/2006

DRAINAGE CONSULTANT

BRITISH · ENGLAND · Age 54

Mrs Lorraine Susan Rahmatalla-Davenhill

director · Since 01/03/2016

SECRETARY

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Colin Rahmatalla

50–75% shares

British · England · Age 54

7, Loring Road, Newcastle, ST5 8EF

Notified 10/06/2016

Mrs Lorraine Susan Rahmatalla-Davenhill

25–50% shares

British · England · Age 53

7, Loring Road, Newcastle, ST5 8EF

Notified 10/06/2016

CompanyRankvs 18936+ SIC 74909 peers
66

Financial strength66th percentile among SIC peers · 17/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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18936Drains 4 Less Limited
62
How is this score calculated?
Financial strength17/25 pts

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

Employees13/15 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 30/11/2024

Net Worth

£19k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£13k

Current Liabilities

£19k

Fixed Assets

£28k

Debtors

£4k

3avg. employees

Tax at Year End

Corp tax£3k

Balance Sheet

Assets less current liabilities£23k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.71+£1k
20230.76+£4k
20220.49+£508
20210.44—

Derived from filed accounts. Not audited figures.