Drainforce Limited
- Small
- Holding
- Active
- 16 years
- 43 employees
- £1,810,644 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Rating 5.0 (76)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 1 month ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
Drainforce Ltd from Bridgend UK is a small, holding company with an active status, founded 16 years ago in 2009. Employing 43 people, the company holds £1,810,644 in assets and operates from a real address at CF31 2AJ, Brackla Industrial Estate. Led by three directors and a single owner, Drainforce maintains a stellar 5.0 Google rating based on 76 reviews. The company regularly imports various textile products, sets, used clothing, and rags, with its last import operation recorded three months ago in March 2025.
Drainforce Ltd specializes in remediation activities and waste management services, as detailed on its website. While no e-commerce presence is apparent, the site highlights the company’s expertise in environmental solutions for industrial and commercial clients. It’s a fairly straightforward operation, focused on providing specialist services rather than direct-to-consumer sales.
A review of Drainforce’s financial data reveals some interesting trends. While cash reserves decreased by 10% to £590,000, bank borrowings increased by 11% to £110,000. Creditors remained relatively stable, but the most notable change was a 9% decrease in net assets, settling at £1,000,000. The company’s size – meeting two of three conditions for a small company – allows for agility, but the drop in equity warrants a closer look. The number of employees has increased slightly by 4.7% to 45. The company's financial statements are unaudited, likely due to its small size.
Overall, Drainforce Ltd appears to be a stable, albeit potentially cash-constrained, business. Its focus on specialized services and strong Google rating suggest a loyal customer base. However, the decreasing equity and rising bank borrowings indicate a need for careful financial management.
Registered in England/Wales under the registration number 06885525, with a registered address at CF31 2AJ, Bridgend, Mid Glamorgan, Unit 2 Heol Ffaldau, Brackla Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 2
-
Resident of United Kingdom
-
Individual
- 14 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Termination of appointment of Christopher Dale Jones as a director on 2025-05-09Download 1 page pdf report
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Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
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Confirmation statement made on 2024-08-18 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Drainforce Limited
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