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Drake'S Newsagents Limited

08825411

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

24 CARTERS WAY, CAMBRIDGE, CB24 4RZ
Incorporated 24/12/2013

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/12/2025

Due 07/01/2027

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Claire Drake

director · Since 24/12/2013

MANAGER

BRITISH · ENGLAND · Age 62

Mr Nigel Drake

director · Since 24/12/2013

MANAGER

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mrs Claire Drake

25–50% shares

British · England · Age 62

24, Carters Way, Cambridge, CB24 4RZ

Notified 06/04/2016

Mr Nigel Drake

25–50% shares

British · England · Age 64

24, Carters Way, Cambridge, CB24 4RZ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/03/2014Registered 09/04/2014

CompanyRankvs 8895+ SIC 47110 peers
45

Financial strength71th percentile among SIC peers · 18/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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8895Drake'S Newsagents Limited
54
How is this score calculated?
Financial strength18/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£29k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£57k

Working capital

Current Assets

£32k

Current Liabilities

£89k

Fixed Assets

£135k

3avg. employees

Balance Sheet

Assets less current liabilities£78k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.36-£5k
20240.40+£687
20230.52+£272
20220.63+£5k
20210.67—

Derived from filed accounts. Not audited figures.