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Drake Decorating Limited

12371426

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

6 LORDS COURT, BASILDON, SS13 1SS
Incorporated 19/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Christopher Stewart Drake

director · Since 19/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Christopher Stewart Drake

50–75% shares
50–75% votes

British · England · Age 40

6 Lords Court, Cricketers Way, Basildon, SS13 1SS

Notified 19/12/2019

Mrs Dina Drake

25–50% shares
25–50% votes

British · England · Age 39

6 Lords Court, Cricketers Way, Basildon, SS13 1SS

Notified 31/01/2021

CompanyRankvs 941+ SIC 43341 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 8.53× · 20/20
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.

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.

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 31/12/2024

Net Worth

£197k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£191k

Working capital

Current Assets

£217k

Current Liabilities

£25k

Fixed Assets

£8k

3avg. employees

Balance Sheet

Assets less current liabilities£199k
Signed by Mr Christopher Drake 24/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.53-£622
20235.63
20225.50
20214.09

Derived from filed accounts. Not audited figures.