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Drag Net Limited

11194366

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

79 TIB STREET, MANCHESTER, M4 1LS
Incorporated 08/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Dr John Cooper Clarke

director · Since 08/02/2018

POET

BRITISH · UNITED KINGDOM · Age 77

Also on 1 other board

Mr Philip Alban Jones

director · Since 08/02/2018

MUSIC MANAGER

BRITISH · UNITED KINGDOM · Age 70

Also on 2 other boards

Persons with Significant Control

Dr John Cooper Clarke

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 77

79, Tib Street, Manchester, M4 1LS

Notified 08/02/2018

CompanyRankvs 1633+ SIC 90030 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.46× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 pts

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

Liquidity20/20 pts

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

Longevity8/15 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 28/02/2026

Net Worth

£341k

Balance sheet strength

Cash

£431k

Cash in the bank

Net Current Assets

£341k

Working capital

Current Assets

£439k

Current Liabilities

£98k

Debtors

£8k

2avg. employees

Tax at Year End(2024)

Corp tax£24k

Balance Sheet

Assets less current liabilities£341k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20264.46-£23k
202510.15+£68k
202426.23+£47k
20237.75+£102k
20225.53+£35k
20217.57+£53k
20205.29+£264
20193.15

Derived from filed accounts. Not audited figures.