National Drainage Academy Ltd
12878493
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/08/2021
DRAINAGE CONTRACTOR
BRITISH · ENGLAND · Age 73
Former
secretary · Resigned 23/06/2026
Persons with Significant Control
Mr Martin Joseph Beattie
Irish · England · Age 54
95, Waterside Close, Barking, IG11 9EL
Notified 15/08/2021
Former PSCs
Michael Ockenden
Ceased 15/08/2021
CompanyRankvs 32047+ SIC 85590 peers34
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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 30/09/2025
Net Worth
-£39
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£39
Working capital
Current Assets
£4k
Current Liabilities
£4k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.99 |
| 2024 | 1.04 |
Derived from filed accounts. Not audited figures.