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Drytech Waterproofing Ltd

07627945

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

ADMEL HOUSE, 2ND FLOOR, LONDON, SW19 5DX
Incorporated 10/05/2011

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

43999
Specialised construction activities

Officers

Mr. Gerard Shortt

director · Since 22/08/2018

COMPANY DIRECTOR

IRISH · IRELAND · Age 46

Mr Paul Anthony Gildea

director · Since 29/07/2021

CIVIL ENGINEER

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Paul Anthony Gildea

50–75% shares

British · England · Age 58

Admel House, 2nd Floor, 24 High Street, London, SW19 5DX

Notified 03/11/2021

Former PSCs

Andreas Reinhard Krattiger

Ceased 18/05/2018

Mr. Gerard Shortt

Ceased 03/11/2021

Mr. Wayne O'Dwyer

Ceased 30/09/2023

CompanyRankvs 40566+ SIC 43999 peers
22

Financial strength1th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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40566Drytech Waterproofing Ltd
32
How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

-£161k

Balance sheet strength

Cash

£158

Cash in the bank

Net Current Assets

-£162k

Working capital

Current Assets

£369

Current Liabilities

£163k

Fixed Assets

£1k

Debtors

£211

Balance Sheet

Assets less current liabilities-£161k
Signed by Mr. Paul Gildea 9th June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£19k
20230.22—
20220.05—
2021Infinity—
2020Infinity—

Derived from filed accounts. Not audited figures.