Company Overview
Drywite Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 20 July 1933, so this is a well established company. Drywite Limited has been in business for 92 years and 8 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

The House Of Lee, 23 Park Lane, Halesowen, West Midlands, B63 2RA
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Companies House Data
Company NameDRYWITE LIMITED
Company Number00278011
Registered Office AddressThe House Of Lee
 23 Park Lane
 B63 2RA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date20/07/1933
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date28/04/2017
Returns Last Made Up Date31/03/2016
Directors & Members
Show Resigned
Matthew Cave - Director
(British, 43 years old, born July 1983)
Appointed 14 February 2018
 Active
Susan Grant - Director
(British, 63 years old, born February 1963)
Appointed 14 February 2018
 Active
Kelvin Lee - Director
(British, 72 years old, born January 1954)
Melinda Martin - Director
(British, 68 years old, born January 1958)
Appointed 17 November 2014
 Active
Charmiane Yardley - Director
(British, 75 years old, born November 1951)
Appointed 17 November 2014
 Active
Secretaries
Show Resigned
Susan Grant - Secretary
Appointed 05 January 2015
 Active
Other Company Directorships
Matthew Cave
No companies found
Susan Grant
BELLS ACCOUNTANCY LTD
EEZYFEET LTD
M. L. LASHFORD & CO LLP
Kelvin Lee
WILDEN INDUSTRIAL ESTATES LIMITED
Melinda Martin
AMSTEL TESTING LTD
WILDEN INDUSTRIAL ESTATES LIMITED
Charmiane Yardley
LONGMORE EQUESTRIAN CENTRE LIMITED
SPEARHEAD PROPERTY DEVELOPMENTS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 30-Mar-2022 30-Mar-2021
Balance Sheet
Fixed Assets 549,435 549,435 525,354
Current Assets 1,819,763 1,819,763 1,732,349
Creditors Due Within One Year 477,003 477,003 480,670
Working Cap 1,342,760 1,342,760 1,251,679
Total Assets Less Current Liabilities 1,892,195 1,892,195 1,777,033
Long-term Liabilities 50,519 50,519 58,675
Net Assets 1,841,676 1,841,676 1,718,358
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,841,676 1,841,676 1,718,358
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 30-Mar-2022 30-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 23.2% 23.2% 23.3%
Stocks Inventory - - -
Debtors 36.2% 36.2% 41.4%
Cash Bank In Hand 11.1% 11.1% 12.6%
Current Assets 76.8% 76.8% 76.7%
Creditors Due Within One Year 20.1% 20.1% 21.3%
Net Current Assets Liabilities 56.7% 56.7% 55.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 77.7% 77.7% 76.1%
Capital Employed - - -
Total Assets Less Current Liabilities 79.9% 79.9% 78.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 30-Mar-2022 30-Mar-2021
Liquidity Ratio 3.8 3.8 3.6
Solvency Ratio 4.5 4.5 4.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 30-Mar-2022 30-Mar-2021
Assets 2,369,198 2,369,198 2,257,703
Debt 527,522 527,522 539,345
Net Assets/Debt 1,841,676 1,841,676 1,718,358

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 31 March 2025 with no updates
Previous accounting period extended from 30 March 2024 to 31 March 2024
Confirmation statement made on 31 March 2024 with no updates
Confirmation statement made on 31 March 2023 with no updates
Memorandum and Articles of Association
Resolutions
Cessation of Lyndon Briar Wilkinson as a person with significant control on 9 March 2022
Confirmation statement made on 9 March 2022 with updates
Cessation of A Person with Significant Control as a person with significant control on 8 March 2022
Change of details for Mr Kelvin Charles Vernon Lee as a person with significant control on 5 April 2022
Confirmation statement made on 31 March 2022 with no updates
Termination of appointment of Martin David Clarke as a director on 10 May 2021
Confirmation statement made on 31 March 2021 with updates
Confirmation statement made on 31 March 2020 with no updates
Previous accounting period shortened from 31 March 2019 to 30 March 2019
Confirmation statement made on 31 March 2019 with no updates
Confirmation statement made on 31 March 2018 with no updates
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