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Drain Repair Services Limited

15484402

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

UNIT 9 CIRENCESTER OFFICE PARK, CIRENCESTER, GL7 6JJ
Incorporated 12/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

37000
Sewerage

Officers

Mr John Noel Morris

director · Since 12/02/2024

DRAINAGE ENGINEER

BRITISH · UNITED KINGDOM · Age 68

Persons with Significant Control

Mr John Noel Morris

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

British · United Kingdom · Age 68

The Old Stables, Brackdown Mill, Kenilworth Road, Leamington Spa, CV32 6QT

Notified 12/02/2024

CompanyRankvs 953+ SIC 37000 peers
27

Financial strength11th percentile among SIC peers · 3/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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 28/02/2025

Net Worth

-£433

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£433

Working capital

Current Assets

£307

Current Liabilities

£740

1avg. employees

Balance Sheet

Assets less current liabilities-£433
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent Ratio
20250.41

Derived from filed accounts. Not audited figures.