Dredco Limited
08798340
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 14/11/2025
Due 28/11/2026
Industry
Officers
director · Since 02/12/2013
PROPERTY DEVELOPER
BRITISH · UNITED KINGDOM · Age 45
Also on 1 other board
Persons with Significant Control
Mr Oliver Simon Davies
British · United Kingdom · Age 45
Tranquil View, 3 High Street, Pembury, TN2 4PH
Notified 06/04/2016
Charges6 outstanding
ALASTAIR WITHENSHAW
ALASTAIR WITHENSHAW
ALASTAIR WITHENSHAW
ALASTAIR WITHENSHAW
ALASTAIR ROBERT WITHENSHAW
ALASTAIR ROBRT WITHENSHAW
CompanyRankvs 35489+ SIC 43390 peers18
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc
Key FinancialsYear ending 31/12/2025
Net Worth
-£201k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£174k
Working capital
Current Assets
£1.0M
Current Liabilities
£1.2M
Fixed Assets
£1k
Debtors
£5k
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.85 | -£154k |
| 2024 | 0.98 | -£7k |
| 2023 | 1.00 | — |
Derived from filed accounts. Not audited figures.