Drains Direct (Uk) Limited
07349536
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 30/09/2025
Due 14/10/2026
Industry
Officers
director · Since 14/01/2011
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
director · Since 21/05/2018
FINANCE DIRECTOR
BRITISH · WALES · Age 56
Also on 1 other board
director · Since 21/11/2022
GENERAL MANAGER
BRITISH · ENGLAND · Age 50
Also on 7 other boards
director · Since 21/11/2022
FINANCE MANAGER
BRITISH · ENGLAND · Age 49
Also on 11 other boards
director · Since 21/11/2022
OFFICE MANAGER
BRITISH · ENGLAND · Age 48
Also on 7 other boards
Persons with Significant Control
Hartsmil Limited
Peartree Farm, Holyfield, Waltham Abbey, EN9 2EW
Reg: 01119865 · England And Wales · Private Company Limited By Shares
Notified 21/11/2022
Former PSCs
Mr Llyr Williams
Ceased 21/11/2022
Charges1 outstanding
FINANCE WALES INVESTMENTS (8) LTD
HSBC BANK PLC
ADRIAN JOYCE
FINANCE WALES INVESTMENTS (6) LIMITED
CompanyRankvs 41090+ SIC 70100 peers49
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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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 31/03/2022
Net Worth
£1.8M
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£4.5M
Working capital
Current Assets
£17k
Current Liabilities
£4.5M
Fixed Assets
£8.1M
Debtors
£12k
Profit After Tax
-£208k
People Costs(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.00 | -£402k |
| 2021 | 0.01 | -£286k |
| 2020 | 0.01 | -£323k |
| 2019 | 0.01 | — |
Derived from filed accounts. Not audited figures.