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DRAXCO LTD Financials

Company number
06394611Copy
Copy
Registered office
Victoria Nursery, 12 Victoria Road Harborne, Birmingham, West Midlands B17 0AH
Incorporated
09/10/2007

Company snapshot

Status
Active
Employees
20 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£586.43K2025
26.44%vs 2024

2024: £463.80K

Total Assets

£933.07K2025
-37.78%vs 2024

2024: £1.50M

Cash in Bank

£240.14K2025
84.03%vs 2024

2024: £130.49K

Total Liabilities

£346.65K2025
-2.88%vs 2024

2024: £356.93K

Employees

202025
-1vs 2024

2024: 21

In 2025, DRAXCO LTD reported net assets of £586.43K. The same filing shows total assets of £933.07K, cash in bank of £240.14K and total liabilities of £346.65K. Reported headcount was 20 in 2025. Total Assets fell from £1.50M in 2024 to £933.07K in 2025 (-37.78%). 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

£586.43K2025
26.44%from £463.80K in 2024

Year-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 DRAXCO LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£396.19K2023£586.43K2025
+48%vs 2023

+21.7% a year compound (CAGR)

Total Assets

£817.75K2023£933.07K2025
+14.1%vs 2023

+6.8% a year compound (CAGR)

Total Liabilities

£421.56K2023£346.65K2025
-17.8%vs 2023

-9.3% a year compound (CAGR)

Employees

212023202025
-4.8%vs 2023-1

Biggest increase

Net Assets+48%

£396.19K in 2023 to £586.43K in 2025

Biggest decrease

Total Liabilities-17.8%

£421.56K in 2023 to £346.65K in 2025

DRAXCO LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from DRAXCO 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
62.85%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
37.15%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
69.27%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
25.74%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£35.99K2025
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for DRAXCO LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£287.29K353.69K396.19K463.80K586.43K
Total Assets£788.62K778.26K817.75K1.50M933.07K
Cash in Bank£–––130.49K240.14K
Total Liabilities£501.33K424.57K421.56K356.93K346.65K
Employees2424212120

DRAXCO LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for DRAXCO LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

DRAXCO LTD reported net assets of £586.43K for 2025. That compares with £463.80K in 2024, a change of 26.44%.

DRAXCO LTD reported total assets of £933.07K for 2025. That compares with £1.50M in 2024, a change of -37.78%.

DRAXCO LTD reported cash in bank of £240.14K for 2025. That compares with £130.49K in 2024, a change of 84.03%.

DRAXCO LTD reported 20 employees in 2025, compared with 21 in 2024.

Between 2023 and 2025, DRAXCO LTD's net assets rose by 48%, total assets rose by 14.1%, total liabilities fell by 17.8% and employee numbers fell by 4.8%. Net assets compounded at 21.7% a year across the two years to 2025, from £396.19K to £586.43K. Reported headcount went from 21 in 2023 to 20 in 2025 (-1).

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.