Condrawlec Ltd
15616060
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Owen Lee Bridgewater
British · United Kingdom · Age 34
79, Western Road, Lancing, BN15 9UD
Notified 04/04/2024
CompanyRankvs 18742+ SIC 71122 peers31
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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 31/03/2026
Net Worth
-£10k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£1k
Current Liabilities
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 0.13 | -£2k |
| 2025 | 0.33 | — |
Derived from filed accounts. Not audited figures.