Druce & Co (International) Limited
13695288
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/10/2021
DIRECTOR
SINGAPOREAN · SINGAPORE · Age 60
Also on 2 other boards
Persons with Significant Control
Mr Piya Treruangrachada
Singaporean · Singapore · Age 60
61, Weymouth Street, London, W1G 8NR
Notified 21/10/2021
Former PSCs
Mr Robert Pearce
Ceased 19/05/2022
Piya Treruangrachada
Ceased 19/05/2022
Druce & Co Holdings Pte. Ltd.
Ceased 09/03/2026
CompanyRankvs 16368+ SIC 68310 peers33
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
to rationalise the Group's operations to enable the business to achieve future profitability. As such, the Directors acknowledge that a material uncertainty does exist in respect of the entity’s going concern status. Auditor Azets Audit Services were appointed as auditor and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a
Key FinancialsYear ending 31/12/2022
Net Worth
£2
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£106k
Working capital
Current Assets
—
Current Liabilities
£1.7M
Debtors
£627k
Profit After Tax
£5.5M