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The Dripping Tap Ltd

10438578

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

Details

WAREHOUSE W 3 WESTERN GATEWAY, LONDON, E16 1BD
Incorporated 20/10/2016

Compliance

Last accounts

31/10/2022

micro entity

Accounts

Up to date

Confirmation statement

Last: 31/10/2023

Due

On track

Industry

82990
Other business support service activities

Officers

Mr Timothy Wells

director · Since 24/07/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Mr Jacob William Wells

director · Since 29/10/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Jacob William Wells

75–100% shares

British · England · Age 65

Warehouse W, 3 Western Gateway, London, E16 1BD

Notified 20/10/2016

Insolvency History1 case

creditors voluntary liquidation03/04/2025

Richard Hunt (practitioner)

CompanyRankvs 15+ SIC 82990 peers
17

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity10 years trading (max 15) · 10/15
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.

Liquidity2/20 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.

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 31/10/2022

Net Worth

-£154k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£4k

Current Liabilities

£120k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£117k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.03-£39k
20210.26

Derived from filed accounts. Not audited figures.