Drench Europe Limited
10192893
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/12/2016
COMPANY DIRECTOR
BRITISH · NORTHERN IRELAND · Age 45
Also on 5 other boards
Persons with Significant Control
Soaks Bathrooms Ltd
5-7, Apollo Road, Belfast, BT12 6HP
Reg: Ni060763 · Northern Ireland · Private Limited Company
Notified 02/04/2026
Guillermo Rubio
Spanish · England · Age 40
4th Floor Office, 205 Regent Street, London, W1B 4HB
Notified 02/04/2026
Former PSCs
Mr Stephen David Middleton
Ceased 02/04/2026
Charges1 outstanding
LLOYDS BANK COMMERCIAL FINANCE LTD
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
SELECT INVOICE FINANCE LIMITED
CompanyRankvs 117+ SIC 25120 peers71
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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.
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 30/09/2024
Net Worth
£954k
Balance sheet strength
Cash
£308k
Cash in the bank
Net Current Assets
£861k
Working capital
Current Assets
£1.5M
Current Liabilities
£669k
Fixed Assets
£271k
Debtors
£596k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 2.29 | +£162k | £1.0M |
| 2023 | 2.69 | +£162k | £322k |
| 2022 | 3.24 | +£291k | — |
| 2021 | 2.05 | +£91k | — |
| 2020 | 2.02 | +£215k | — |
| 2019 | 1.34 | +£5k | — |
| 2018 | 1.26 | — | — |
Derived from filed accounts. Not audited figures.