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Drainclear Drainage Solutions Limited

10269408

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6 WOLD WALK, BIRMINGHAM, B13 0JS
Incorporated 08/07/2016

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 06/07/2025

Due 20/07/2026

On track

Industry

43999
Specialised construction activities

Officers

Mr Raymond James Banks

director · Since 08/07/2016

DRAINAGE CONTRACTOR

BRITISH · UNITED KINGDOM · Age 69

Mr Ian Charles Wood

director · Since 08/07/2016

DRAINAGE CONTRACTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Persons with Significant Control

Mr Raymond James Banks

25–50% shares

British · United Kingdom · Age 69

6, Wold Walk, Birmingham, B13 0JS

Notified 08/07/2016

Mr Ian Charles Wood

25–50% shares

British · United Kingdom · Age 67

6, Wold Walk, Birmingham, B13 0JS

Notified 08/07/2016

CompanyRankvs 35505+ SIC 43999 peers
43

Financial strength13th percentile among SIC peers · 3/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 30/06/2025

Net Worth

-£710

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£8k

Current Liabilities

£10k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£179

EstimatesDerived

YearCurrent RatioImplied Profit
20250.85
20240.47-£5k
20231.00-£14k
20222.42-£3k
20213.22-£6k
20200.91+£8k
20190.94

Derived from filed accounts. Not audited figures.