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The Drop Project Brewing Company Ltd

12014241

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

8 Willow Business Centre, Willow Lane, Mitcham, CR4 4NX
Incorporated 23/05/2019

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 02/06/2025

Due 16/06/2026

On track

Industry

11050
Manufacture of beer

Officers

Joseph William Johnson Simo

director · Since 23/05/2019

British · England · Age 35

William Richard Skipsey

director · Since 23/05/2019

British · England · Age 39

John Matthew Taylor

director · Since 23/05/2019

Irish · England · Age 37

Persons with Significant Control

Mr. John Matthew Taylor

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

Irish · England · Age 37

8, Willow Business Centre, Mitcham, CR4 4NX

Notified 23/05/2019

Mr Joseph William Johnson Simo

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

British · England · Age 35

8, Willow Business Centre, Mitcham, CR4 4NX

Notified 23/05/2019

Mr William Richard Skipsey

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

British · England · Age 39

8, Willow Business Centre, Mitcham, CR4 4NX

Notified 23/05/2019

Charges0 outstanding

Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 28/04/2021Registered 28/04/2021Satisfied 25/03/2024
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 15/03/2021Registered 15/03/2021Satisfied 25/03/2024

Change History

officer appointedSIMO, Joseph William Johnson
2026-05-09
officer appointedSKIPSEY, William Richard
2026-05-09
officer appointedTAYLOR, John Matthew
2026-05-09
statusactive
2026-05-09

Active

post townMitcham
2026-05-09

MITCHAM

typeltd
2026-05-09

Private Limited Company

address line18 Willow Business Centre
2026-05-09

8 WILLOW BUSINESS CENTRE

CompanyRankvs 410+ SIC 11050 peers
65

Financial strength95th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity7 years trading (max 15) · 7/15
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.

Employees13/15 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.

Longevity7/15 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 31/05/2025

Net Worth

£589k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£324k

Current Liabilities

£333k

Fixed Assets

£888k

11avg. employees

Tax at Year End(2023)

VAT£33k

Director Loans(2023)

Company owes directors£12k

Balance Sheet

Total assets£1.3M

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.97+£0
20250.97+£131k
20240.65+£553k
20231.04+£1k£654k
20220.39-£80k£743k
20210.40-£36k
2020-0.76

Derived from filed accounts. Not audited figures.

Filing History34 filings

Accounts filed

accounts with accounts type micro entity

12/02/20264 pages · PDF
DISS40

gazette filings brought up to date

23/08/20251 page · PDF
Confirmation statement

confirmation statement with updates

22/08/20258 pages · PDF
GAZ1

gazette notice compulsory

19/08/20251 page · PDF
Accounts filed

accounts with accounts type micro entity

28/02/20254 pages · PDF
RP04SH01

second filing capital allotment shares

11/09/20244 pages · PDF
Confirmation statement

confirmation statement with updates

19/08/20245 pages · PDF
RP04SH01

second filing capital allotment shares

01/08/20244 pages · PDF
SH02

capital alter shares subdivision

04/06/20247 pages · PDF
MR04

mortgage satisfy charge full

25/03/20241 page · PDF
MR04

mortgage satisfy charge full

25/03/20241 page · PDF
Accounts filed

accounts with accounts type total exemption full

22/02/20248 pages · PDF
RP04CS01

second filing of confirmation statement with made up date

30/11/20233 pages · PDF
MA

memorandum articles

20/10/202317 pages · PDF
RESOLUTIONS

resolution

20/10/20231 page · PDF
SH02

capital alter shares subdivision

20/10/20234 pages · PDF
Confirmation statement

confirmation statement with no updates

20/07/20234 pages · PDF
Accounts filed

accounts with accounts type total exemption full

24/02/20238 pages · PDF
Confirmation statement

confirmation statement with updates

17/08/20225 pages · PDF
PSC changed

change to a person with significant control

10/08/20222 pages · PDF
PSC changed

change to a person with significant control

09/08/20222 pages · PDF
PSC changed

change to a person with significant control

09/08/20222 pages · PDF
Director details changed

change person director company with change date

09/08/20222 pages · PDF
Director details changed

change person director company with change date

09/08/20222 pages · PDF
Accounts filed

accounts with accounts type total exemption full

18/02/20228 pages · PDF
Confirmation statement

confirmation statement with updates

02/06/20215 pages · PDF
Director details changed

change person director company with change date

17/05/20212 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

28/04/202114 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

15/03/202119 pages · PDF
Address changed

change registered office address company with date old address new address

17/11/20201 page · PDF
Accounts filed

accounts with accounts type micro entity

20/07/20204 pages · PDF
Confirmation statement

confirmation statement with updates

08/06/20205 pages · PDF
Shares allotted

capital allotment shares

08/06/20204 pages · PDF
Incorporated

incorporation company

23/05/201916 pages · PDF