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Drain Swift Ltd

15874603

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

DRAIN SWIFT LTD UNIT A, MILDENHALL, IP28 7DE
Incorporated 03/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

37000
Sewerage
96090
Other personal service activities

Officers

Mr Adam Ali

director · Since 03/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 2 other boards

Persons with Significant Control

Mr Adam Ali

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

British · United Kingdom · Age 31

Drain Swift Ltd Unit A, 82 James Carter Road, Mildenhall, IP28 7DE

Notified 03/08/2024

CompanyRankvs 566+ SIC 37000 peers
48

Financial strength35th percentile among SIC peers · 9/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.27× · 20/20
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 strength9/25 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.

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 31/08/2025

Net Worth

£720

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£720

Working capital

Current Assets

£1k

Current Liabilities

£569

0avg. employees

Balance Sheet

Assets less current liabilities£720
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20252.27

Derived from filed accounts. Not audited figures.