Drainstore.com Limited

Drainstore.com Limited, based in Belper, UK, is a small, active family business established 17 years ago. With five employees and £662,699 in assets, it operates as an e-commerce site specializing in drainage and pumping supplies, holding a stellar 5.0 Google rating from 11 reviews. The company’s registered address is a virtual one, shared by forty other businesses, and is managed by one director and two owners.

The website showcases a comprehensive range of products, from sewage pumping stations and rainwater harvesting tanks to drainage pipes and safety equipment. It caters to both commercial and residential customers, offering installation and servicing solutions alongside its product sales. The site highlights leading brands and emphasizes competitive pricing, fast shipping, and expert customer support.

Financially, Drainstore.com Limited presents a mixed picture. Current assets have decreased by 23%, falling to £660,000, while net assets have also declined by 32%, settling at £220,000. Cash reserves have fallen 16% to £150,000, and bank borrowings have increased significantly. On a positive note, creditors have decreased by 37%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity raises questions. The accounts are unaudited, a common exemption for small companies.

Overall, Drainstore.com Limited appears to be navigating a period of change. While its e-commerce operations remain strong and well-regarded, the financial figures indicate potential pressures. It's a family-run business with a solid online presence, but its long-term success will depend on managing its finances effectively.

Registered in England/Wales under the registration number 06337358, with a registered address at DE56 1SW, Belper, Derbyshire, Unit 6 Heritage Business Centre.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.