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Drip Hacks Limited

09755282

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O LEONARD CURTIS RIVERSIDE HOUSE, MANCHESTER, M3 5EN
Incorporated 01/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Euan Cameron Smith

director · Since 01/09/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 4 other boards

Mr Robert Sutherland Smith

director · Since 01/03/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Robert Sutherland Smith

25–50% shares
25–50% votes

British · England · Age 39

C/O Leonard Curtis, Riverside House, Manchester, M3 5EN

Notified 06/04/2016

Mr Euan Cameron Smith

25–50% shares
25–50% votes

British · England · Age 34

Unit 4, Riverdane Road, Congleton, CW12 1PN

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 03/08/2020Registered 05/08/2020Satisfied 01/08/2025

CompanyRankvs 15+ SIC 47990 peers
46

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.54× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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 30/09/2024

Net Worth

£388k

Balance sheet strength

Cash

£108k

Cash in the bank

Net Current Assets

£361k

Working capital

Current Assets

£596k

Current Liabilities

£235k

Fixed Assets

£122k

Debtors

£55k

11avg. employees-7

Tax at Year End(2020)

Corp tax£93k
VAT£30k

Director Loans(2020)

Company owes directors£84k

Balance Sheet

Bank loans & overdrafts£123k
Assets less current liabilities£483k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.54+£109k—
20231.70-£180k—
20222.40-£258k—
20213.30-£68k—
20203.20+£1.1M£600k
2019-1.58-£182k—
2018-1.12——

Derived from filed accounts. Not audited figures.