DRAINWORK SOLUTIONS LTD Financials
- Company number
- 09475415CopyCopy
- Registered office
- 1st & 2nd Floor 2 West Street, Ware, Hertfordshire SG12 9EE
- Incorporated
- 06/03/2015
Company snapshot
- Status
- Active
- Employees
- 7 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-2.76%vs 20242024: £203.68K
Total Assets
-3.22%vs 20242024: £704.15K
Cash in Bank
-20.81%vs 20242024: £112.36K
Total Liabilities
-11.63%vs 20242024: £290.75K
Employees
-2vs 20242024: 9
In 2025, DRAINWORK SOLUTIONS LTD reported net assets of £198.06K. The same filing shows total assets of £681.49K, cash in bank of £88.98K and total liabilities of £256.93K. Reported headcount was 7 in 2025. Total Liabilities fell from £290.75K in 2024 to £256.93K in 2025 (-11.63%). Okredo holds filed figures for 2021–2025; 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
-2.76%from £203.68K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures DRAINWORK SOLUTIONS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+37.1%vs 2023+17.1% a year compound (CAGR)
Cash in Bank
+73%vs 2023+31.5% a year compound (CAGR)
Total Assets
+48.5%vs 2023+21.9% a year compound (CAGR)
Total Liabilities
+48.6%vs 2023+21.9% a year compound (CAGR)
Employees
+40%vs 2023+2Biggest increase
Cash in Bank+73%
£51.44K in 2023 to £88.98K in 2025
Every indicator Okredo holds for DRAINWORK SOLUTIONS LTD rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRAINWORK SOLUTIONS 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
- 29.06%2025
- 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.
- Liabilities to total assets
- 37.70%2025
- 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.
- Cash to liabilities
- 34.63%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 13.06%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for DRAINWORK SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 43.88K | 130.99K | 144.49K | 203.68K | 198.06K |
| Total Assets£ | 191.34K | 283.33K | 458.77K | 704.15K | 681.49K |
| Cash in Bank£ | 83.77K | 82.43K | 51.44K | 112.36K | 88.98K |
| Total Liabilities£ | 111.34K | 111.82K | 172.89K | 290.75K | 256.93K |
| Employees | 3 | 3 | 5 | 9 | 7 |
DRAINWORK SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRAINWORK SOLUTIONS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
DRAINWORK SOLUTIONS LTD reported net assets of £198.06K for 2025. That compares with £203.68K in 2024, a change of -2.76%.
DRAINWORK SOLUTIONS LTD reported total assets of £681.49K for 2025. That compares with £704.15K in 2024, a change of -3.22%.
DRAINWORK SOLUTIONS LTD reported cash in bank of £88.98K for 2025. That compares with £112.36K in 2024, a change of -20.81%.
DRAINWORK SOLUTIONS LTD reported 7 employees in 2025, compared with 9 in 2024.
Between 2023 and 2025, DRAINWORK SOLUTIONS LTD's net assets rose by 37.1%, cash in bank rose by 73%, total assets rose by 48.5% and total liabilities rose by 48.6%. Net assets compounded at 17.1% a year across the two years to 2025, from £144.49K to £198.06K. Reported headcount went from 5 in 2023 to 7 in 2025 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.