Company Overview
Dropless Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 17 October 2017, so this is a well established company. Dropless Ltd has been in business for 8 years and 5 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, Devon, PL1 3RP
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Companies House Data
Company NameDROPLESS LTD
Company Number11018311
Registered Office AddressC/O Francis Clark Llp Melville Building East
 Royal William Yard
 PL1 3RP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/10/2017
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/11/2018
Directors & Members
Show Resigned
Darren Barge - Director
(British, 59 years old, born January 1967)
Appointed 28 October 2024
Active
Andrew Wolfson - Director
(British, 57 years old, born March 1969)
Appointed 19 March 2021
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets - - -
Current Assets - - -
Creditors Due Within One Year 2,246,935 2,246,935 200,525
Working Cap - - -
Total Assets Less Current Liabilities -2,321,159 -2,321,159 554,786
Long-term Liabilities 0 0 0
Net Assets -2,321,159 -2,321,159 554,786
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -2,321,159 -2,321,159 554,786
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets - - -
Stocks Inventory - - -
Debtors -440.5% -440.5% 30.6%
Cash Bank In Hand -72.6% -72.6% 150.2%
Current Assets - - -
Creditors Due Within One Year -3027.2% -3027.2% 26.5%
Net Current Assets Liabilities - - -
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 3127.2% 3127.2% 73.5%
Capital Employed - - -
Total Assets Less Current Liabilities 3127.2% 3127.2% 73.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio -1.0 -1.0 -1.0
Solvency Ratio 0.0 0.0 3.8
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-Dec-2024 31-Dec-2022 31-Dec-2021
Assets -74,224 -74,224 755,311
Debt 2,246,935 2,246,935 200,525
Net Assets/Debt -2,321,159 -2,321,159 554,786

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.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   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.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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
Resolutions
Memorandum and Articles of Association
Confirmation statement made on 24 January 2026 with updates
Registered office address changed from C/O Francis Clark Llp Melville Building East Royal William Yard Plymouth Devon PL1 3RP United Kingdom to Unit 122 268 Bath Road Slough Berkshire SL1 4DX on 27 November 2025
Confirmation statement made on 24 January 2025 with updates
Termination of appointment of Mike Grindy as a secretary on 7 October 2024
Appointment of Mr Darren Barge as a director on 28 October 2024
Termination of appointment of Mike Grindy as a director on 7 October 2024
Statement of capital following an allotment of shares on 13 March 2024
Memorandum and Articles of Association
Resolutions
Confirmation statement made on 24 January 2024 with updates
Change of details for Mr Michael Grindy as a person with significant control on 17 April 2020
Notification of Pembroke Vct Plc as a person with significant control on 9 May 2023
Secretary's details changed for Mr Mike Grindy on 6 February 2024
Director's details changed for Mr Mike Grindy on 6 February 2024
Director's details changed for Mr Mike Grindy on 6 February 2024
Director's details changed for Mr Mike Grindy on 6 February 2024
Termination of appointment of Brett Jamie Akker as a director on 30 January 2024
Termination of appointment of Simon Thomas Murdoch as a director on 11 October 2023
Statement of capital following an allotment of shares on 9 May 2023

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