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Drain Direct Ltd

15331524

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

20 ENSBURY AVENUE, BOURNEMOUTH, BH10 4HG
Incorporated 06/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

37000
Sewerage

Officers

Mr Yusef Mohammed Warde

director · Since 30/06/2025

DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 3 other boards

Persons with Significant Control

Mr Yusef Mohammed Warde

75–100% shares

British · England · Age 26

95, Charminster Road, Bournemouth, BH8 8UH

Notified 30/06/2025

Former PSCs

Mr Khaled Mohammed Salem Al-Mehdhar

Ceased 06/02/2024

Mr Sami Khazaal

Ceased 30/06/2025

CompanyRankvs 544+ SIC 37000 peers
50

Financial strength39th percentile among SIC peers · 10/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.69× · 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 strength10/25 pts

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

Employees2/15 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

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£3k

Current Liabilities

£500

0avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20245.69

Derived from filed accounts. Not audited figures.