Drain 2 Drain Limited
13666283
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/10/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 1 other board
Persons with Significant Control
Mr Daniel Michael Foulis
British · United Kingdom · Age 39
320, Firecrest Court, Warrington, WA1 1RG
Notified 07/10/2021
Former PSCs
Mr James Gilbert
Ceased 20/12/2023
CompanyRankvs 44419+ SIC 43999 peers27
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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 31/10/2025
Net Worth
-£48k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£10k
Current Liabilities
£67k
Fixed Assets
£9k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.15 | -£24k | — |
| 2024 | 0.43 | +£1k | — |
| 2023 | — | — | £163k |
Derived from filed accounts. Not audited figures.