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Swansea Drain Services Limited

14095226

active
ltd
england wales
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

16 Chesters Place, Shrewsbury, SY2 6GB
Incorporated 09/05/2022

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 09/04/2026

Due 23/04/2027

On track

Industry

39000
Remediation activities and other waste management services

Officers

Steven Joseph Hastings

director · Since 09/05/2022

British · United Kingdom · Age 37

Caroline Elizabeth Hastings

director · Since 23/08/2023

British · United Kingdom · Age 37

Persons with Significant Control

Mr Steven Joseph Hastings

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

British · United Kingdom · Age 37

16, Chesters Place, Shrewsbury, SY2 6GB

Notified 09/05/2022

Change History

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line116 Chesters Place
2026-06-06

16 CHESTERS PLACE

post townShrewsbury
2026-06-06

SHREWSBURY

officer appointedHASTINGS, Caroline Elizabeth
2026-06-06
officer appointedHASTINGS, Steven Joseph
2026-06-06

CompanyRankvs 1360+ SIC 39000 peers
50

Financial strength8th percentile among SIC peers · 2/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.52× · 20/20
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 strength2/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/05/2025

Net Worth

-£20k

Balance sheet strength

Cash

-£7k

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£14k

Current Liabilities

£3k

Fixed Assets

£13k

Debtors

£21k

2avg. employees

Tax at Year End

Corp tax£2k
VAT£1k

Director Loans(2024)

Directors owe company£1

Balance Sheet

Assets less current liabilities£23k
Signed by Mrs CAROLINE HASTINGS 5th February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.52-£35k£29k
202413.19+£7k
20235.26

Derived from filed accounts. Not audited figures.