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Wrekin Drain Services Ltd

08155271

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

DIRECT HOUSE, TELFORD, TF1 7GP
Incorporated 24/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

37000
Sewerage

Officers

Mrs Joelie Kim Owen

secretary · Since 24/07/2012

Also on 1 other board

Mr Gregory Steele Owen

director · Since 24/07/2012

DRAINAGE ENGINEER

BRITISH · ENGLAND · Age 55

Mrs Joelie Kim Owen

director · Since 14/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Gregory Steele Owen

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

Direct House, Hortonwood 7, Telford, TF1 7GP

Notified 01/06/2016

Mrs Joelie Kim Owen

25–50% shares
25–50% votes
Appoint directors

British · England · Age 57

Everglow Rocfields, Lincoln Road, Telford, TF2 6LQ

Notified 16/03/2022

CompanyRankvs 28+ SIC 37000 peers
87

Financial strength93th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity14 years trading (max 15) · 14/15
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.

Employees15/15 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.

Longevity14/15 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 30/09/2025

Net Worth

£678k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£449k

Working capital

Current Assets

£886k

Current Liabilities

£437k

Fixed Assets

£665k

24avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.03+£0
20252.03+£211k
20241.86+£89k
20231.72+£64k
20221.72-£42k
20211.85+£30k
20211.96

Derived from filed accounts. Not audited figures.