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Happy Drains Limited

08267396

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

100 CHURCH STREET, BRIGHTON, BN1 1UJ
Incorporated 25/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr David Miele

director · Since 25/10/2012

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 4 other boards

Mr William Robert Wennington

director · Since 06/06/2013

BUILDING CONTRACTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr David Miele

50–75% shares
50–75% votes
Appoint directors

British · England · Age 64

100, Church Street, Brighton, BN1 1UJ

Notified 01/09/2016

Mr William Robert Wennington

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

British · England · Age 53

100, Church Street, Brighton, BN1 1UJ

Notified 01/09/2016

CompanyRankvs 6985+ SIC 96090 peers
79

Financial strength92th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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6985Happy Drains Limited
78
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.

Liquidity12/20 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 31/10/2024

Net Worth

£208k

Balance sheet strength

Cash

£320k

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£519k

Current Liabilities

£442k

Fixed Assets

£209k

Debtors

£199k

16avg. employees+1

Tax at Year End

Corp tax£165k

Balance Sheet

Assets less current liabilities£286k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17-£18k
20231.20-£76k
20221.51+£43k
20211.48+£153k
20201.22+£2k
20191.18+£10k
20181.19—

Derived from filed accounts. Not audited figures.