DRAKE TECHNOLOGY LIMITED

Company number 02798972 · Active

DRAKE TECHNOLOGY LIMITED is a private limited company registered in CAMBRIDGE, United Kingdom, incorporated on 12 Mar 1993. Its registered activity is development of building projects. Its latest published accounts for the period ending 31 Dec 2025 show equity of £54k, total assets of £79k. It has filed 7 sets of accounts, 4 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent

Lowers the risk

Region0.3×CB · 0.03 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
02798972 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
12 Mar 1993 (34 years)
Registered address
CB5 8LA CAMBRIDGE
Postcode area
Cambridge
Activity
41100 Development of building projects
Industry
Construction of buildings
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20251 Oct 2026– –£54k£79k £25k–0
31 Dec 202415 Nov 2025– –£35k£55k £20k–0
31 Dec 202315 Sep 2024– –£36k£55k £19k–0
31 Dec 202215 Nov 2023– –£36k£55k £19k–0
31 Dec 202115 Sep 2022– –£36k£55k –£2250
31 Dec 202015 Oct 2021– –£37k£55k –£1830
31 Dec 201915 Dec 2020– –£39k£57k –£2370

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Cambridge

Questions about DRAKE TECHNOLOGY LIMITED

What is the company number of DRAKE TECHNOLOGY LIMITED?

DRAKE TECHNOLOGY LIMITED is registered under company number 02798972 in the official register of United Kingdom. View it at the official register.

Is DRAKE TECHNOLOGY LIMITED still active?

Yes. DRAKE TECHNOLOGY LIMITED is registered as active (status: Active).

Has DRAKE TECHNOLOGY LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for DRAKE TECHNOLOGY LIMITED in the official data.

How likely is DRAKE TECHNOLOGY LIMITED to become insolvent?

Our model estimates a 0.01 % probability that DRAKE TECHNOLOGY LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was DRAKE TECHNOLOGY LIMITED founded?

DRAKE TECHNOLOGY LIMITED was incorporated on 12 Mar 1993.

Where is DRAKE TECHNOLOGY LIMITED registered?

DRAKE TECHNOLOGY LIMITED's registered address is in CB5 8LA CAMBRIDGE (Cambridge), United Kingdom.

What do the latest accounts of DRAKE TECHNOLOGY LIMITED show?

The latest published accounts (period ending 31 Dec 2025) show equity of £54k, total assets of £79k, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.