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Draft Fabrications Limited

09860815

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

Unit 13, Forge Industrial Estate, Greenacres Road, Oldham, OL4 1LE
Incorporated 06/11/2015

Previously known as

Grp Comms Limited · until 22/05/2018

Compliance

Last accounts

30/03/2025

micro entity

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

22290
Manufacture of other plastic products

Officers

Mr Chris Hill

director · Since 06/11/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Chris Hill

director · Since 06/11/2015

British · United Kingdom · Age 56

Persons with Significant Control

Mr Chris Hill

75–100% shares

British · United Kingdom · Age 56

Unit 13, Forge Industrial Estate, Greenacres Road, Oldham, OL4 1LE

Notified 18/07/2025

Former PSCs

Mr Chris Hill

Ceased 18/07/2025

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 16/08/2021Registered 17/08/2021

Change History

statusactive
2026-08-23

Active

typeltd
2026-08-23

Private Limited Company

address line1Unit 13, Forge Industrial Estate
2026-08-23

UNIT 13, FORGE INDUSTRIAL ESTATE

post townOldham
2026-08-23

OLDHAM

officer appointedHILL, Chris
2026-08-23

CompanyRankvs 1554+ SIC 22290 peers
47

Financial strength46th percentile among SIC peers · 12/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength12/25 pts

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

Employees7/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/03/2025

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£126k

Current Liabilities

£98k

Fixed Assets

£9k

2avg. employees-1

Balance Sheet

Assets less current liabilities£37k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28-£23k
20241.48-£22k
20230.80

Derived from filed accounts. Not audited figures.