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Dredco Limited

08798340

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

TRANQUIL VIEW, PEMBURY, TN2 4PH
Incorporated 02/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Oliver Simon Davies

director · Since 02/12/2013

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Oliver Simon Davies

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

British · United Kingdom · Age 44

Tranquil View, 3 High Street, Pembury, TN2 4PH

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

ALASTAIR WITHENSHAW

Created 09/08/2024Registered 22/08/2024
Charge
outstanding

ALASTAIR WITHENSHAW

Created 09/08/2024Registered 22/08/2024
Charge
outstanding

ALASTAIR WITHENSHAW

Created 24/11/2023Registered 29/11/2023
Charge
outstanding

ALASTAIR WITHENSHAW

Created 24/11/2023Registered 29/11/2023
Charge
outstanding

ALASTAIR ROBERT WITHENSHAW

Created 05/12/2018Registered 05/12/2018
Charge
outstanding

ALASTAIR ROBRT WITHENSHAW

Created 05/12/2018Registered 05/12/2018

CompanyRankvs 35276+ SIC 43390 peers
19

Financial strength4th percentile among SIC peers · 1/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£47k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£834k

Current Liabilities

£851k

Fixed Assets

£4k

Debtors

£14k

1avg. employees

Tax at Year End(2022)

VAT£2k

Director Loans

Company owes directors£33k

Balance Sheet

Assets less current liabilities-£13k
Signed by O S Davies 15th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.98-£7k
20231.00-£16k
20221.02-£13k£42k
20211.01-£999£42k
20201.01+£13k
20190.97-£25k
20180.98

Derived from filed accounts. Not audited figures.