Company Overview
Drakeset Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 16 November 1983, so this is a well established company. Drakeset Limited has been in business for 42 years and 4 months. The accounts status is total exemption full and the accounts are next due on Saturday 31 October 2026.
Registered Address

Unit 3, Tansey Green Road, Pensnett Brierley Hill, West Midlands, DY5 4TL
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Companies House Data
Company NameDRAKESET LIMITED
Company Number01770337
Registered Office AddressUnit 3
 Tansey Green Road
 DY5 4TL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/11/1983
Accounting Reference Date Day31
Accounting Reference Date Month1
Accounts Next Due Date31/10/2026
Accounts Last Made Up Date31/01/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date17/05/2017
Returns Last Made Up Date19/04/2016
Directors & Members
Show Resigned
Stephen Fisher - Director
(British, 63 years old, born February 1963)
Appointed 04 November 2014
Active
Lee Palmer - Director
(British, 55 years old, born January 1971)
Appointed 04 November 2014
Active
Cynthia Palmer - Director
(British, 87 years old, born September 1939)
Appointed 11 January 2016
Active
Paul Stringer - Director
(British, 55 years old, born June 1971)
Appointed 04 November 2014
Active
Secretaries
Show Resigned
Cynthia Palmer - Secretary
Appointed 30 March 2017
Active
Other Company Directorships
Stephen Fisher
No companies found
Lee Palmer
No companies found
Cynthia Palmer
No companies found
Paul Stringer
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Balance Sheet
Fixed Assets 17,905 17,905 22,440
Current Assets 356,449 356,449 291,320
Creditors Due Within One Year 194,351 194,351 144,070
Working Cap 162,098 162,098 147,250
Total Assets Less Current Liabilities 180,003 180,003 169,690
Long-term Liabilities 24,841 24,841 34,487
Net Assets 155,162 155,162 135,203
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 155,162 155,162 135,203
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Tangible Fixed Assets - - -
Fixed Assets 4.8% 4.8% 7.2%
Stocks Inventory - - -
Debtors 58.6% 58.6% 58.2%
Cash Bank In Hand 18.1% 18.1% 26.8%
Current Assets 95.2% 95.2% 92.8%
Creditors Due Within One Year 51.9% 51.9% 45.9%
Net Current Assets Liabilities 43.3% 43.3% 46.9%
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 41.4% 41.4% 43.1%
Capital Employed - - -
Total Assets Less Current Liabilities 48.1% 48.1% 54.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Liquidity Ratio 1.8 1.8 2.0
Solvency Ratio 1.7 1.7 1.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Assets 374,354 374,354 313,760
Debt 219,192 219,192 178,557
Net Assets/Debt 155,162 155,162 135,203

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 1 April 2025 with no updates
Confirmation statement made on 1 April 2024 with no updates
Confirmation statement made on 1 April 2023 with no updates
Confirmation statement made on 1 April 2022 with no updates
Confirmation statement made on 1 April 2021 with updates
Confirmation statement made on 1 April 2020 with updates
Registration of charge 017703370004, created on 10 May 2019
Confirmation statement made on 9 April 2019 with updates
Notification of Cynthia Lesley Palmer as a person with significant control on 12 July 2018
Cessation of Roger Denton Lloyd Palmer Executors Of as a person with significant control on 12 July 2018
Confirmation statement made on 3 April 2018 with updates
Appointment of Mrs Cynthia Lesley Palmer as a secretary on 30 March 2017
Termination of appointment of Lesley Moore as a secretary on 30 March 2017
Termination of appointment of Lesley Moore as a director on 30 March 2017
Confirmation statement made on 19 April 2017 with updates

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