Drone Industries Limited
09287815
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/10/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 2 other boards
Persons with Significant Control
Mr Ben Mawhinney
British · United Kingdom · Age 52
Proto - Centre For Emerging Technology, Baltic Business Quarter, Gateshead, NE8 3DF
Notified 01/09/2016
CompanyRankvs 42780+ SIC 74909 peers40
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2022
Net Worth
-£38k
Balance sheet strength
Cash
£119
Cash in the bank
Net Current Assets
-£20k
Working capital
Current Assets
£2k
Current Liabilities
£22k
Fixed Assets
£2k
Debtors
£2k
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.09 | -£18k |
| 2021 | 0.21 | — |
Derived from filed accounts. Not audited figures.