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Drain Brains Ltd

08590117

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

74 FORD ROAD, WIRRAL, CH49 0TG
Incorporated 28/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

37000
Sewerage
81222
Specialised cleaning services

Officers

Mr Christopher Matthew Morgan

secretary · Since 28/06/2013

Also on 7 other boards

Mr Christopher Matthew Morgan

director · Since 28/06/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 7 other boards

Mr Michael Morgan

director · Since 18/02/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Christopher Matthew Morgan

25–50% shares
25–50% votes

British · United Kingdom · Age 75

74, Ford Road, Wirral, CH49 0TG

Notified 06/04/2016

Mr Michael Morgan

25–50% shares

British · United Kingdom · Age 47

74, Ford Road, Wirral, CH49 0TG

Notified 17/02/2021

Former PSCs

Mrs Marie Teresa Morgan

Ceased 04/11/2025

CompanyRankvs 573+ SIC 37000 peers
50

Financial strength30th percentile among SIC peers · 8/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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573Drain Brains Ltd
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How is this score calculated?
Financial strength8/25 pts

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

Employees8/15 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.

Longevity13/15 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 31/08/2025

Net Worth

£103

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£48k

Current Liabilities

£78k

Fixed Assets

£36k

Debtors

£13k

2avg. employees

Tax at Year End(2021)

Corp tax£18k
Prepared with v2026.7.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent Ratio
20250.61
20250.61
20240.84
20231.01
20221.19
20211.08

Derived from filed accounts. Not audited figures.