Drake Electrical Contractors Limited
09455305
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Timothy Stephen Drake
British · England · Age 38
Unit G, Shakestones Farm, Writtle, CM1 3RL
Notified 24/02/2017
Mrs Bryony Eleanor Drake
British · England · Age 39
Unit G, Shakestones Farm, Writtle, CM1 3RL
Notified 10/04/2018
CompanyRankvs 12995+ SIC 43210 peers67
Show leaderboard
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 31/03/2025
Net Worth
£55k
Balance sheet strength
Cash
£37k
Cash in the bank
Net Current Assets
-£33k
Working capital
Current Assets
£220k
Current Liabilities
£253k
Fixed Assets
£156k
Debtors
£183k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.87 | -£27k | £745k |
| 2024 | 0.98 | -£37k | £568k |
| 2023 | 1.18 | — | £376k |
Derived from filed accounts. Not audited figures.