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Drip Hacks Limited

09755282

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

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

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 31/08/2024

Due 14/09/2025

Overdue

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

Insolvency History1 case

in administration

Hilary Pascoe (practitioner) · Mike Dillon (practitioner)

CompanyRankvs 15+ SIC 47990 peers
36

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
Insolvency history -10
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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.

Risk deductions

Insolvency history: -10 pts

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

Balance Sheet

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

EstimatesDerived

YearCurrent RatioImplied Profit
20242.54+£109k
20231.70—

Derived from filed accounts. Not audited figures.