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G.W. Drains Ltd

06364033

active
Private Limited Company
england wales
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)

Details

TREVIOT HOUSE, ILFORD, IG1 1LR
Incorporated 07/09/2007

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/05/2025

Due 14/06/2026

On track

Industry

37000
Sewerage

Officers

Gareth Williams

director · Since 07/09/2007

DRAINAGE ENGINEER

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr Gareth Williams

50–75% shares
50–75% votes
Appoint directors

British · England · Age 42

2, Leman Street, London, E1W 9US

Notified 07/08/2016

Former PSCs

Mr Paul Turner

Ceased 31/03/2019

CompanyRankvs 349+ SIC 37000 peers
60

Financial strength76th percentile among SIC peers · 19/25
Employees70th percentile among SIC peers · 11/15
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 strength19/25 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.

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 30/09/2024

Net Worth

£100k

Balance sheet strength

Cash

£101k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£93k

Fixed Assets

£42k

Debtors

£85k

3avg. employees
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£38k
20231.83-£93k
20222.50+£3k
20213.63+£131k
20202.11
20191.03

Derived from filed accounts. Not audited figures.