DRAINWAY PLUMBING NE LTD Financials
- Company number
- 14622480Copy
Copy - Registered office
- Unit 209 Jarrow Business Centre, Viking Industrial Estate, Jarrow NE32 3DT
- Incorporated
- 27/01/2023
Company snapshot
- Status
- Active
- Employees
- 4 (2026)
- Latest financial data
- 2026
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2024–2026.
Net Assets
-220.98%vs 20252025: £-29.28K
Total Assets
-23.37%vs 20252025: £95.08K
Total Liabilities
34.16%vs 20252025: £124.37K
Employees
0vs 20252025: 4
In 2026, DRAINWAY PLUMBING NE LTD reported net assets of £-93.99K. The same filing shows total assets of £72.87K and total liabilities of £166.85K. Reported headcount was 4 in 2026. Net Assets fell from £-29.28K in 2025 to £-93.99K in 2026 (-220.98%). Okredo holds filed figures for 2024–2026; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-220.98%from £-29.28K in 2025Year-on-year change
Net Assets as filed for 2024–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures DRAINWAY PLUMBING NE LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-114716%vs 2024Total Assets
+10.2%vs 2024+5% a year compound (CAGR)
Total Liabilities
+153%vs 2024+59% a year compound (CAGR)
Employees
0%vs 2024Biggest increase
Total Liabilities+153%
£66.02K in 2024 to £166.85K in 2026
Biggest decrease
Net Assets-114716%
£82.00 in 2024 to £-93.99K in 2026
DRAINWAY PLUMBING NE LTD's filings pull in both directions between 2024 and 2026. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRAINWAY PLUMBING NE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -128.98%2026
- Liabilities to total assets
- 228.98%2026
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for DRAINWAY PLUMBING NE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2024 | 2025 | 2026 |
|---|---|---|---|
| Net Assets£ | 82.00 | -29.28K | -93.99K |
| Total Assets£ | 66.10K | 95.08K | 72.87K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 66.02K | 124.37K | 166.85K |
| Employees | 4 | 4 | 4 |
DRAINWAY PLUMBING NE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has DRAINWAY PLUMBING NE LTD filed financial statements?
Yes. Okredo holds filed figures for DRAINWAY PLUMBING NE LTD covering 2024–2026, across 4 reported indicators. The most recent reported year is 2026.
What net assets did DRAINWAY PLUMBING NE LTD report in 2026?
DRAINWAY PLUMBING NE LTD reported net assets of £-93.99K for 2026. That compares with £-29.28K in 2025, a change of -220.98%.
What total assets did DRAINWAY PLUMBING NE LTD report in 2026?
DRAINWAY PLUMBING NE LTD reported total assets of £72.87K for 2026. That compares with £95.08K in 2025, a change of -23.37%.
What total liabilities did DRAINWAY PLUMBING NE LTD report in 2026?
DRAINWAY PLUMBING NE LTD reported total liabilities of £166.85K for 2026. That compares with £124.37K in 2025, a change of 34.16%.
How many people does DRAINWAY PLUMBING NE LTD employ?
DRAINWAY PLUMBING NE LTD reported 4 employees in 2026, compared with 4 in 2025.
How have DRAINWAY PLUMBING NE LTD financials changed over the last 3 years?
Between 2024 and 2026, DRAINWAY PLUMBING NE LTD's net assets fell by 114716%, total assets rose by 10.2%, total liabilities rose by 153% and employee numbers was unchanged. Total assets compounded at 5% a year across the two years to 2026, from £66.10K to £72.87K. Reported headcount went from 4 in 2024 to 4 in 2026.
Which years of DRAINWAY PLUMBING NE LTD financial data are available?
Okredo holds reported figures for the years 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.