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Drug Development Company Limited

10795275

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2ND FLOOR GODFREE COURT, APEX YARD, LONDON, SE1 4PL
Incorporated 31/05/2017

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

29/08/2026

On track

Confirmation statement

Last: 31/05/2025

Due 14/06/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Simon Philip Webster

director · Since 31/05/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 20 other boards

Persons with Significant Control

Mr Simon Philip Webster

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 66

27, Merrick Square, London, SE1 4JB

Notified 31/05/2017

Former PSCs

Mr Rajesh Kumar Sood

Ceased 30/06/2021

CompanyRankvs 127012+ SIC 82990 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£666k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£24k

Current Liabilities

£37k

Debtors

£3k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66-£45k
20230.82-£48k
20221.17-£39k
20211.28-£66k
20201.77-£139k
20191.03-£21k
20187.99

Derived from filed accounts. Not audited figures.