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Drift Outlaws Events Limited

09416514

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

87 WENTWORTH WAY, SOUTH CROYDON, CR2 9EZ
Incorporated 02/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mr Matthew Chiappa

director · Since 02/02/2015

EVENTS ORGANISER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Matthew Chiappa

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

British · England · Age 45

87, Wentworth Way, South Croydon, CR2 9EZ

Notified 06/04/2016

CompanyRankvs 10675+ SIC 93290 peers
26

Financial strength16th percentile among SIC peers · 4/25
Employees42th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees6/15 pts

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

Liquidity0/20 pts

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

Longevity11/15 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

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

Going Concern Doubt

difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. 2 Going Concern The company has an excess of liabilities over assets at 28th February 2025 and the company's ability to continue trading is dependant on the full support of the company's directors and s

Key FinancialsYear ending 28/02/2025

Net Worth

-£6k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

Current Liabilities

£8k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2025-£2k
2024-£380
2023+£3k
2022+£343

Derived from filed accounts. Not audited figures.