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Two Drifters Brewery Ltd

10754633

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 5, EXETER, EX5 2UL
Incorporated 04/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11050
Manufacture of beer

Officers

Mrs Gemma Clare Wakeham

director · Since 04/05/2017

SOCIAL MEDIA MANAGER

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Mr Russell Jon Wakeham

director · Since 04/05/2017

SCIENTIST

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Russell Jon Wakeham

25–50% shares

British · England · Age 43

Unit 5, Skyways Business Park, Exeter, EX5 2UL

Notified 09/11/2020

Mrs Gemma Clare Wakeham

25–50% shares

British · England · Age 43

Unit 5, Skyways Business Park, Exeter, EX5 2UL

Notified 09/11/2020

Charges1 outstanding

Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 14/09/2023Registered 15/09/2023

CompanyRankvs 1278+ SIC 11050 peers
24

Financial strength6th percentile among SIC peers · 2/25
Employees51th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees8/15 pts

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

Liquidity0/20 pts

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

Longevity9/15 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 31/05/2022

Net Worth

-£185k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£185k

Working capital

Current Assets

Current Liabilities

£185k

2avg. employees

Balance Sheet

Bank loans & overdrafts£19k
Assets less current liabilities-£185k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
2022-£3k
20210.00-£10k
20200.11-£73k
20190.14-£93k
20180.05

Derived from filed accounts. Not audited figures.