The Drain Group Limited
07344240
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
30/11/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
Former
secretary · Resigned 01/10/2025
director · Resigned 01/10/2025
director · Resigned 31/03/2026
Persons with Significant Control
Birmingham Drain Services Limited
Audley House, 12-12a, Margaret Street, London, W1W 8JQ
Reg: 12122786 · England · Limited Company
Notified 01/11/2023
The Drain Group Limited
Unit 66, Birch Road East, Birmingham, B6 7DB
Reg: 12122786 · England · Limited Company
Notified 01/11/2023
Former PSCs
Mr Anthony Matthew Buchanan
Ceased 01/11/2023
Mrs Tina Marie Louise Buchanan
Ceased 01/11/2023
Charges1 outstanding
ARES MANAGEMENT LIMITED AS SECURITY AGENT FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUMENT
NATIONAL WESTMINSTER BANK PLC
BARCLAYS SECURITY TRUSTEE LIMITED
Change History
Active
Private Limited Company
AUDLEY HOUSE
LONDON
CompanyRankvs 48+ SIC 38110 peers79
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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
Outstanding charges: -10 pts
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
£1.2M
Balance sheet strength
Cash
£617k
Cash in the bank
Net Current Assets
£823k
Working capital
Current Assets
£1.6M
Current Liabilities
£784k
Fixed Assets
£780k
Debtors
£978k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.05 | +£188k |
| 2023 | 1.66 | — |
Derived from filed accounts. Not audited figures.
Filing History76 filings
appoint person director company with name date
termination director company with name termination date
certificate change of name company
change of name notice
change account reference date company previous extended
change registered office address company with date old address new address
confirmation statement with updates
resolution
memorandum articles
change account reference date company previous shortened
appoint person director company with name date
termination secretary company with name termination date
change registered office address company with date old address new address
termination director company with name termination date
mortgage satisfy charge full
change to a person with significant control
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with no updates
change registered office address company with date old address new address
cessation of a person with significant control
cessation of a person with significant control
notification of a person with significant control
notification of a person with significant control
mortgage create with deed with charge number charge creation date
mortgage satisfy charge full
accounts with accounts type total exemption full
confirmation statement with no updates
change registered office address company with date old address new address
accounts with accounts type unaudited abridged
confirmation statement with no updates
confirmation statement with updates
accounts with accounts type total exemption full
accounts with accounts type total exemption full
confirmation statement with updates
capital name of class of shares
resolution
resolution
capital name of class of shares
memorandum articles
legacy
capital statement capital company with date currency figure
legacy
resolution
confirmation statement with no updates
change person director company with change date
change person director company with change date
change person secretary company with change date
accounts with accounts type total exemption full
change registered office address company with date old address new address
mortgage satisfy charge full
mortgage create with deed with charge number charge creation date
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption small
change registered office address company with date old address new address
confirmation statement with updates
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
mortgage create with deed with charge number charge creation date
termination director company with name termination date
accounts with accounts type total exemption small
capital allotment shares
appoint person director company with name
annual return company with made up date full list shareholders
change registered office address company with date old address
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
change account reference date company current extended
incorporation company