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Drm Industrial Fabrics Limited

14974785

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

DRM BUILDING, BURY, BL9 7BE
Incorporated 03/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Peter John Mcguinness

director · Since 03/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Persons with Significant Control

Drm Limited

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

Drm Building, Bond Street, Bury, BL9 7BE

Reg: 04591828 · Uk Register Of Companies · Private Company Limited By Shares

Notified 03/07/2023

CompanyRankvs 342+ SIC 13990 peers
66

Financial strength62th percentile among SIC peers · 16/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.59× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees12/15 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.

Longevity3/15 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 31/12/2024

Net Worth

£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£351k

Working capital

Current Assets

£571k

Current Liabilities

£220k

Fixed Assets

£6k

6avg. employees

Balance Sheet

Assets less current liabilities£357k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.59-£26k
20232.03

Derived from filed accounts. Not audited figures.