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Drainwork Solutions Ltd

09475415

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

1ST & 2ND FLOOR, WARE, SG12 9EE
Incorporated 06/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mrs Teresa Anne Aherne

secretary · Since 06/03/2015

Mr William Edward Aherne

director · Since 06/03/2015

DRAINAGE ENGINEER

BRITISH · ENGLAND · Age 53

Mr Richard Samuel Lee

director · Since 15/08/2022

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr William Edward Aherne

25–50% shares
25–50% votes

British · England · Age 53

1st & 2nd Floor, 2 West Street, Ware, SG12 9EE

Notified 05/03/2017

Mr Richard Samuel Lee

25–50% shares
25–50% votes

British · England · Age 42

1st & 2nd Floor, 2 West Street, Ware, SG12 9EE

Notified 24/06/2024

Former PSCs

Mrs Teresa Anne Aherne

Ceased 25/03/2024

CompanyRankvs 6366+ SIC 43999 peers
74

Financial strength87th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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6366Drainwork Solutions Ltd
74
How is this score calculated?
Financial strength22/25 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.

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.

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

£198k

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£228k

Current Liabilities

£177k

Fixed Assets

£227k

Debtors

£139k

7avg. employees-2

Tax at Year End

Corp tax£28k

Director Loans

Company owes directors£10k

Balance Sheet

Assets less current liabilities£278k
Signed by Mr William Aherne 13/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29-£6k
20241.51+£59k
20231.92—

Derived from filed accounts. Not audited figures.