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P D Drake Housing Ltd

11248704

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

7 THE CLOSE, NORWICH, NR1 4DJ
Incorporated 11/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Phillip David Drake

director · Since 11/03/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Phillip David Drake

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

British · United Kingdom · Age 44

Berry Haven, Berry Hall Road, Pennygate, Norwich, NR12 8BQ

Notified 11/03/2018

Charges6 outstanding

Charge
outstanding

KENSINGTON MORTGAGES

Created 06/05/2026Registered 06/05/2026
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 07/02/2025Registered 07/02/2025
Charge
satisfied

FLEET MORTGAGES LIMITED

Created 28/06/2024Registered 08/07/2024Satisfied 12/05/2026
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 12/03/2024Registered 13/03/2024
Charge
outstanding

CHRISTOPHER MICHAEL CORSON

Created 04/10/2022Registered 04/10/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 08/09/2022Registered 08/09/2022
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 10/12/2018Registered 18/12/2018

CompanyRankvs 103863+ SIC 68209 peers
42

Financial strength73th percentile among SIC peers · 18/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

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.

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.

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 31/03/2025

Net Worth

£56k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£13k

Current Liabilities

£27k

Fixed Assets

£1.3M

1avg. employees

Balance Sheet

Bank loans & overdrafts£784k
Assets less current liabilities£1.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.48+£36k
20240.01+£2k
20230.01-£22k
20220.43+£30k
20210.46+£12k
20200.37-£90
20190.06

Derived from filed accounts. Not audited figures.