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Advanced Drains Ltd

06516533

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

161 LEY STREET, ILFORD, IG1 4BL
Incorporated 27/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mrs Dawn Bruce

secretary · Since 27/02/2008

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Mr Terry Spillane

director · Since 27/02/2008

DIRECTOR

BRITISH · ENGLAND · Age 79

Ms Dawn Bruce

director · Since 31/03/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Ms Dawn Bruce

25–50% shares

British · England · Age 62

161, Ley Street, Ilford, IG1 4BL

Notified 31/03/2018

Mr Terry Spillane

50–75% shares

British · England · Age 79

161, Ley Street, Ilford, IG1 4BL

Notified 31/03/2019

Former PSCs

Mr Terry Spillane

Ceased 31/03/2018

CompanyRankvs 3089+ SIC 43220 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.46× · 12/20
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 strength23/25 pts

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

Employees12/15 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.

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

£175k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£206k

Working capital

Current Assets

£649k

Current Liabilities

£444k

Fixed Assets

£64k

Debtors

£575k

3avg. employees-1

Tax at Year End

Corp tax£25k
VAT£15k

Balance Sheet

Assets less current liabilities£270k
Signed by Mrs Dawn Bruce 24/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.46-£23k£305k
20241.53-£9k£131k
20231.54-£33k
20221.74-£8k
20212.20+£4k
20203.05+£30k
20192.63

Derived from filed accounts. Not audited figures.