Dra Engineering Ltd
11859498
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Robert Van Vaardegem
Dutch · United Kingdom · Age 38
1, Reddicap Hill, Sutton Coldfield, B75 7BH
Notified 04/03/2019
CompanyRankvs 1804+ SIC 71122 peers77
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2026
Net Worth
£309k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£288k
Working capital
Current Assets
£322k
Current Liabilities
£34k
Fixed Assets
£21k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 9.59 | +£2k |
| 2025 | 10.13 | +£58k |
| 2024 | 7.45 | +£53k |
| 2023 | 6.71 | — |
Derived from filed accounts. Not audited figures.