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Drop By Local Ltd

13838123

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

18 ACORN ROAD, NEWCASTLE UPON TYNE, NE2 2DJ
Incorporated 10/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Guy Robert Pike

director · Since 10/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 3 other boards

Mrs Kate Pike

director · Since 10/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 1 other board

Mr Craig Horsborough

director · Since 19/01/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Mrs Kate Pike

25–50% shares
25–50% votes

British · United Kingdom · Age 33

3, Henshelwood Terrace, Newcastle Upon Tyne, NE2 3AU

Notified 10/01/2022

Mr Guy Robert Pike

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 33

18, Acorn Road, Newcastle Upon Tyne, NE2 2DJ

Notified 10/01/2022

CompanyRankvs 91818+ SIC 47910 peers
29

Financial strength4th percentile among SIC peers · 1/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 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.

Longevity4/15 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 31/01/2025

Turnover

£100k

Annual revenue

Net Worth

-£54k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£26k

Current Liabilities

£37k

Fixed Assets

£13k

Profit After Tax

-£24k

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£5k
Signed by 1.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.69-£21k
20241.14-£54k
20230.49

Derived from filed accounts. Not audited figures.