DRAKES (JEWELLERS) LIMITED Financials
- Company number
- 00480013CopyCopy
- Registered office
- C/O Francis Clark Llp Unit 18, 23 Melville Building East, Royal William Yard, Plymouth, Devon PL1 3GW
- Incorporated
- 24/03/1950
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
106.66%vs 20242024: £-1.38M
Total Assets
-100.00%vs 20222022: £200.49K
Cash in Bank
-86.36%vs 20242024: £233.96K
Total Liabilities
First reported yearEmployees
0vs 20242024: 4
In 2025, DRAKES (JEWELLERS) LIMITED reported net assets of £92.28K. The same filing shows total assets of £0.00, cash in bank of £31.90K and total liabilities of £2.75M. Reported headcount was 4 in 2025. Net Assets rose from £-1.38M in 2024 to £92.28K in 2025 (106.66%). 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
106.66%from £-1.38M 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 DRAKES (JEWELLERS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
-92.9%vs 2023-73.3% a year compound (CAGR)
Employees
-84%vs 2023-21Biggest decrease
Cash in Bank-92.9%
£448.60K in 2023 to £31.90K in 2025
DRAKES (JEWELLERS) LIMITED's filings pull in both directions between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRAKES (JEWELLERS) LIMITED'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
- -311.46%2022
- 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
- 108.41%2021
- 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
- 3.46%2021
- 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
- 33.49%2022
- 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 DRAKES (JEWELLERS) LIMITED 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£ | -498.45K | -624.45K | -1.30M | -1.38M | 92.28K |
| Total Assets£ | 2.54M | 200.49K | 0.00 | – | – |
| Cash in Bank£ | 95.33K | 67.13K | 448.60K | 233.96K | 31.90K |
| Total Liabilities£ | 2.75M | – | – | – | – |
| Employees | 25 | 25 | 25 | 4 | 4 |
DRAKES (JEWELLERS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRAKES (JEWELLERS) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
DRAKES (JEWELLERS) LIMITED reported net assets of £92.28K for 2025. That compares with £-1.38M in 2024, a change of 106.66%.
DRAKES (JEWELLERS) LIMITED reported total assets of £0.00 for 2023. That compares with £200.49K in 2022, a change of -100.00%.
DRAKES (JEWELLERS) LIMITED reported cash in bank of £31.90K for 2025. That compares with £233.96K in 2024, a change of -86.36%.
DRAKES (JEWELLERS) LIMITED reported 4 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, DRAKES (JEWELLERS) LIMITED's cash in bank fell by 92.9% and employee numbers fell by 84%. Cash in bank contracted at 73.3% a year across the two years to 2025, from £448.60K to £31.90K. Reported headcount went from 25 in 2023 to 4 in 2025 (-21).
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.