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Drop City Ltd

07636220

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4B ALBA WAY, MANCHESTER, M32 0TL
Incorporated 17/05/2011

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/09/2025

Due 13/10/2026

On track

Industry

59112
Video production activities

Officers

Mr Christopher Anthony Sarginson

director · Since 17/05/2011

TV PRODUCTION

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mr Nicholas William Platt

director · Since 01/11/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Christopher Anthony Sarginson

25–50% shares

British · England · Age 48

Unit 4b, Alba Way, Manchester, M32 0TL

Notified 06/04/2016

Mr Nicholas William Platt

25–50% shares

British · England · Age 41

Unit 4b, Alba Way, Manchester, M32 0TL

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

AZULE LIMITED

Created 25/11/2014Registered 27/11/2014

CompanyRankvs 1696+ SIC 59112 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£756k

Balance sheet strength

Cash

£158k

Cash in the bank

Net Current Assets

-£151k

Working capital

Current Assets

£328k

Current Liabilities

£479k

Fixed Assets

£1.0M

Debtors

£165k

9avg. employees+2

Tax at Year End

Corp tax£17k
VAT£26k

Director Loans

Company owes directors£2k
Directors owe company£50k

Balance Sheet

Assets less current liabilities£898k
Signed by Mr Christopher Sarginson 9 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.69+£6k£516k
20240.93+£295k£600k
20231.63+£5k£600k
20224.68+£196k
20213.42+£151k
20202.79+£188k
2019-1.41

Derived from filed accounts. Not audited figures.