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Francis Drake Charters Limited

07634063

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)
  • Current liabilities exceed current assets (-10)

Details

72 EFFORD LANE, PLYMOUTH, PL3 6LS
Incorporated 13/05/2011

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 21/09/2025

Due 05/10/2026

On track

Industry

74990
Non-trading company
77210
Renting and leasing of recreational and sports goods
77341
77341

Officers

Mr Nicholas Duncan Couchman

director · Since 13/05/2011

SOLICITOR

BRITISH · UNITED KINGDOM · Age 61

Mr Daniel Mark George Couchman

director · Since 29/07/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 5 other boards

Persons with Significant Control

Mr Daniel Mark George Couchman

25–50% shares

British · England · Age 58

72, Efford Lane, Plymouth, PL3 6LS

Notified 10/05/2017

Mr Nicholas Duncan Couchman

25–50% shares

British · United Kingdom · Age 61

72 Efford Lane, Efford Lane, Plymouth, PL3 6LS

Notified 10/05/2017

CompanyRankvs 16963+ SIC 74990 peers
41

Financial strength2th percentile among SIC peers · 1/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.06× · 2/20
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 strength1/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

-£172k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£153k

Working capital

Current Assets

£10k

Current Liabilities

£163k

0avg. employees+1
Prepared with v2026.19.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06-£20k
2024-0.28-£32k
20230.01

Derived from filed accounts. Not audited figures.