Drains & Tank Services Ltd
15499349
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/02/2024
DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 3 other boards
Persons with Significant Control
Mr William Jonathan Churchward
British · England · Age 34
Unit 8 Bowker House, Lee Mill Bridge, Ivybridge, PL21 9EF
Notified 18/02/2024
CompanyRankvs 48804+ SIC 43999 peers26
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£603
Balance sheet strength
Cash
£66k
Cash in the bank
Net Current Assets
-£603
Working capital
Current Assets
£66k
Current Liabilities
£66k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.99 |
| 2025 | 0.99 |
Derived from filed accounts. Not audited figures.