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Drum Fast Fit And Performance Ltd

15188518

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 15 FIRST AVENUE, CHESTER LE STREET, DH2 1AG
Incorporated 04/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Daniel Cowan

secretary · Since 04/10/2023

Mr Simon Alan Tulip

director · Since 01/01/2024

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mr Luke Tulip

director · Since 05/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 27

Also on 2 other boards

Persons with Significant Control

Mr Simon Alan Tulip

75–100% shares

British · England · Age 60

Unit 2-6 First Avenue, Drum Industrial Estate, Chester Le Street, DH2 1AG

Notified 04/10/2023

Former PSCs

Mr Simon Tulip

Ceased 01/01/2024

CompanyRankvs 330+ SIC 29320 peers
73

Financial strength86th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.76× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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330Drum Fast Fit And Performance Ltd
72
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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 31/10/2025

Net Worth

£239k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£100k

Current Liabilities

£21k

Fixed Assets

£159k

8avg. employees+2

Balance Sheet

Assets less current liabilities£239k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20254.76+£163k
20240.54—

Derived from filed accounts. Not audited figures.