Drainforce Uk Ltd
08283116
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/08/2017
COMPANY DIRECTOR
BRITISH · WALES · Age 48
Also on 2 other boards
Persons with Significant Control
Drainforce Holdings Limited
Unit 2, Heol Ffaldau, Bridgend, CF31 2AJ
Reg: 8282973 · England And Wales · Limited Company
Notified 06/04/2016
CompanyRankvs 346+ SIC 77120 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/03/2025
Turnover
£394k
Annual revenue
Net Worth
£280k
Balance sheet strength
Cash
£155
Cash in the bank
Profit Before Tax
£27k
Bottom line earnings
Net Current Assets
£10k
Working capital
Current Assets
£22k
Current Liabilities
£13k
Fixed Assets
£890k
Debtors
£22k
Cost of Sales
£140k
Gross Profit
£254k
Admin Expenses
£226k
Operating Profit
£28k
Profit After Tax
£22k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.76 | +£22k |
| 2024 | 1.80 | +£37k |
| 2023 | 2.42 | +£9k |
| 2022 | 1.91 | +£15k |
| 2021 | 9.12 | — |
Derived from filed accounts. Not audited figures.