Company Overview
Drop Consultancy Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 18 February 2008, so this is a well established company. Drop Consultancy Ltd has been in business for 18 years and 1 month. The accounts status is total exemption full and the accounts are next due on Tuesday 30 July 2024.
Registered Address

The Town Hall Burnley Road, Padiham, Burnley, Lancashire, BB12 8BS
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Companies House Data
Company NameDROP CONSULTANCY LTD
Company Number06507238
Registered Office AddressThe Town Hall Burnley Road
 Padiham
 BB12 8BS
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date18/02/2008
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/07/2024
Accounts Last Made Up Date31/07/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date18/03/2017
Returns Last Made Up Date18/02/2016
Previous Company NameChanged Date
M B T COMMUNICATIONS LTD11 Sep 2017
Directors & Members
Show Resigned
Peter Melhuish - Director
(British, 48 years old, born October 1978)
Appointed 18 February 2008
 Active
Secretaries
Show Resigned
Peter Melhuish - Secretary
(British)
Appointed 18 February 2008
 Active
Other Company Directorships
Peter Melhuish
DROP MY DIGITAL LIMITED
I-PROVE ESG LTD
TERRAFLUX HOLDINGS LTD
THE PORTABLE OFFICE COMPANY LIMITED
VERSION28 LTD
Balance Sheet Unlock full report
Accounts Date 31-Jul-2022 31-Jul-2021 31-Jul-2020
Balance Sheet
Fixed Assets 75,352 848 2,495
Current Assets 82,281 307,756 130,879
Creditors Due Within One Year 285,533 285,162 132,399
Working Cap -203,252 22,594 -1,520
Total Assets Less Current Liabilities -127,900 23,442 975
Long-term Liabilities 0 0 0
Net Assets -127,900 23,442 975
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -127,900 23,442 975
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2022 31-Jul-2021 31-Jul-2020
Tangible Fixed Assets - - -
Fixed Assets 47.8% 0.3% 1.9%
Stocks Inventory - - -
Debtors 48.6% 66.9% 32.5%
Cash Bank In Hand 1.6% 9.4% 41.7%
Current Assets 52.2% 99.7% 98.1%
Creditors Due Within One Year 181.1% 92.4% 99.3%
Net Current Assets Liabilities -128.9% 7.3% -1.1%
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 -81.1% 7.6% 0.7%
Capital Employed - - -
Total Assets Less Current Liabilities -81.1% 7.6% 0.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2022 31-Jul-2021 31-Jul-2020
Liquidity Ratio 0.3 1.1 1.0
Solvency Ratio 0.6 1.1 1.0
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-Jul-2022 31-Jul-2021 31-Jul-2020
Assets 157,633 308,604 133,374
Debt 285,533 285,162 132,399
Net Assets/Debt -127,900 23,442 975
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

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
Other Business around BB12 8BS
No other companies found in the same location
Document Filings
Liquidators' statement of receipts and payments to 5 February 2026
Liquidators' statement of receipts and payments to 5 February 2025
Registered office address changed from 38 Crookston Road Eltham London SE9 1YB England to The Town Hall Burnley Road Padiham Burnley Lancashire BB12 8BS on 15 February 2024
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 22 September 2023 with no updates
Termination of appointment of Rob Piper as a director on 14 August 2023
Confirmation statement made on 22 September 2022 with updates
Change of details for Mr Peter Melhuish as a person with significant control on 24 August 2022
Cessation of Karl Fredrik Wahlqvist as a person with significant control on 31 January 2022
Termination of appointment of Karl Fredrik Wahlqvist as a director on 31 January 2022
Notification of Peter Melhuish as a person with significant control on 6 April 2016
Confirmation statement made on 22 September 2021 with no updates
Resolutions
Confirmation statement made on 22 September 2020 with updates
Cessation of Peter Melhuish as a person with significant control on 1 December 2020
Change of details for Peter Melhuish as a person with significant control on 1 December 2020
Sub-division of shares on 26 October 2020
Change of details for Mr Peter Melhuish as a person with significant control on 2 November 2020
Cessation of Karl Fredrick Wahlqvist as a person with significant control on 1 October 2019
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