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Drop Database Ltd

07810499

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

FLAT 1, LONDON, W1W 6UF
Incorporated 14/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Timothy Robinson

director · Since 14/10/2011

ACCOUNTANT

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Timothy Robinson

75–100% shares

British · England · Age 41

Flat 1, 20 Hanson Street, London, W1W 6UF

Notified 06/04/2016

CompanyRankvs 8879+ SIC 62020 peers
78

Financial strength92th percentile among SIC peers · 23/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 4.22× · 20/20
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 strength23/25 pts

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

Employees5/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£186k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£243k

Current Liabilities

£58k

1avg. employees

Balance Sheet

Assets less current liabilities£186k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20244.22+£326
20235.87-£12k
20227.21-£22k
20216.50-£118k
20209.79+£27k
20194.89+£3k
20188.36

Derived from filed accounts. Not audited figures.