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The Dropbar Limited

12874814

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

12 Mundy Place, Cathays, Cardiff, CF24 4BZ
Incorporated 13/09/2020

Compliance

Last accounts

30/09/2025

micro entity

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 12/09/2025

Due 26/09/2026

On track

Industry

33170
Repair and maintenance of other transport equipment
56102
Unlicensed restaurants and cafes

Officers

Neil Andrew Cowhey

director · Since 13/09/2020

British · Wales · Age 43

Former

Benjamin Charles Kingman

secretary · Resigned 11/10/2023

Persons with Significant Control

Mr Neil Andrew Cowhey

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

British · Wales · Age 43

12, Mundy Place, Cardiff, CF24 4BZ

Notified 13/09/2020

Charges1 outstanding

Charge
outstanding

DBW INVESTMENTS (10) LIMITED

Created 06/11/2020Registered 09/11/2020

Change History

statusactive
2026-05-09

Active

typeltd
2026-05-09

Private Limited Company

address line112 Mundy Place
2026-05-09

12 MUNDY PLACE

post townCardiff
2026-05-09

CARDIFF

officer appointedCOWHEY, Neil Andrew
2026-05-09

CompanyRankvs 2571+ SIC 33170 peers
30

Financial strength35th percentile among SIC peers · 9/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees4/15 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.

Longevity6/15 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 30/09/2025

Net Worth

£262

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£490

Working capital

Current Assets

£8k

Current Liabilities

£8k

Fixed Assets

£652

1avg. employees

Balance Sheet

Assets less current liabilities£262
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.94
20250.94
20241.12
20231.54
20222.39
20211.76

Derived from filed accounts. Not audited figures.

Filing History16 filings

Accounts filed

accounts with accounts type micro entity

30/04/20265 pages · PDF
Confirmation statement

confirmation statement with no updates

08/10/20253 pages · PDF
Accounts filed

accounts with accounts type micro entity

29/01/20255 pages · PDF
Confirmation statement

confirmation statement with no updates

02/10/20243 pages · PDF
Accounts filed

accounts with accounts type micro entity

17/05/20245 pages · PDF
Confirmation statement

confirmation statement with no updates

11/10/20233 pages · PDF
PSC changed

change to a person with significant control

11/10/20232 pages · PDF
Director details changed

change person director company with change date

11/10/20232 pages · PDF
TM02

termination secretary company with name termination date

11/10/20231 page · PDF
Accounts filed

accounts with accounts type micro entity

19/06/20235 pages · PDF
Confirmation statement

confirmation statement with no updates

22/09/20223 pages · PDF
Accounts filed

accounts with accounts type micro entity

27/06/20225 pages · PDF
Confirmation statement

confirmation statement with no updates

04/10/20213 pages · PDF
Address changed

change registered office address company with date old address new address

04/10/20211 page · PDF
MR01

mortgage create with deed with charge number charge creation date

09/11/202021 pages · PDF
Incorporated

incorporation company

13/09/202034 pages · PDF