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Drytec Spray Drying Limited

08898150

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

42-46 MORLEY ROAD, TONBRIDGE, TN9 1RA
Incorporated 17/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mr Martin Alan Loveday

director · Since 24/09/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mr Martin Alan Loveday

secretary · Since 30/06/2025

Also on 3 other boards

Persons with Significant Control

Drytec International Limited

75–100% shares
75–100% votes
Appoint directors

42-46, Morley Road, Tonbridge, TN9 1RA

Reg: 12153539 · Companies House · Private Company Limited By Shares

Notified 24/09/2019

Former PSCs

Summit Custom Spray Drying Inc

Ceased 24/09/2019

Charges1 outstanding

Charge
outstanding

ADVANTEDGE COMMERCIAL FINANCE LIMITED

Created 19/12/2019Registered 19/12/2019
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 23/12/2014Registered 06/01/2015Satisfied 26/09/2019

CompanyRankvs 352+ SIC 10890 peers
66

Financial strength91th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 30/04/2025

Net Worth

£376k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£114k

Working capital

Current Assets

£509k

Current Liabilities

£395k

Fixed Assets

£552k

Debtors

£354k

21avg. employees

Balance Sheet

Intangible assets£371k
Assets less current liabilities£666k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29+£48k
20240.92-£195k
20211.07+£88k
20200.74-£2.0M
20190.64

Derived from filed accounts. Not audited figures.