Drainforce Limited
06885525
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
medium
Next accounts due
31/12/2026
Confirmation statement
Last: 18/08/2025
Due 01/09/2026
Industry
Officers
director · Since 13/06/2011
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
director · Since 14/08/2017
COMPANY DIRECTOR
BRITISH · WALES · Age 48
Also on 2 other boards
Mr Jamie Adrian Hooper
director · Since 05/06/2026
BRITISH · WALES · Age 29
Mr Luke Mellin
director · Since 30/07/2026
BRITISH · WALES · Age 39
Persons with Significant Control
Drainforce Holdings Limited
Unit 2, Heol Ffaldau, Bridgend, CF31 2AJ
Reg: 8282973 · England And Wales · Limited Company
Notified 06/04/2016
Charges1 outstanding
HSBC BANK PLC
DEBENTURE
UK WORKING CAPITAL LIMITED
UK WORKING CAPITAL LIMITED
HSBC ASSET FINANCE (UK) LIMITED · HSBC EQUIPMENT FINANCE (UK) LIMITED
HSBC BANK PLC
CompanyRankvs 153+ SIC 39000 peers61
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/03/2026
Turnover
£10.8M
Annual revenue
Net Worth
£1.7M
Balance sheet strength
Cash
£920k
Cash in the bank
Profit Before Tax
£785k
Bottom line earnings
Net Current Assets
£241k
Working capital
Current Assets
£3.6M
Current Liabilities
£3.3M
Fixed Assets
£5.4M
Debtors
£1.9M
Cost of Sales
£7.6M
Gross Profit
£3.2M
Admin Expenses
£2.1M
Operating Profit
£1.2M
Profit After Tax
£598k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 1.07 | +£528k |
| 2025 | 0.96 | +£172k |
| 2024 | 0.78 | -£76k |
| 2023 | 0.79 | — |
Derived from filed accounts. Not audited figures.