DRAWFUN LIMITED

Company number 02888576 · Active

DRAWFUN LIMITED is a private limited company registered in BUDE, United Kingdom, incorporated on 18 Jan 1994. Its registered activity is other engineering activities. Its latest published accounts for the period ending 31 Mar 2025 show equity of £435k, total assets of £509k. It has filed 5 sets of accounts. Our model estimates a 0.28 % probability that it becomes insolvent within 12 months, 2.4 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.28 %
High risk
Lowest riskHighest risk

Higher than 96 % of active companies in the United Kingdom. 2.4× the average annual insolvency rate (0.12 %).

Raises the risk

Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Equity (signed log)2.0×≥ 5.52268 · 0.24 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent

Lowers the risk

Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Late filings0.8×0–1 · 0.09 % 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
02888576 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
18 Jan 1994 (33 years)
Registered address
EX23 0LS BUDE
Postcode area
Exeter
Activity
71129 Other engineering activities
Industry
Architecture and engineering
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –£435k£509k £72k–2
31 Mar 202415 Dec 2024– –£437k£534k £88k–2
31 Mar 202215 Nov 2022– –£408k£505k £72k–1
31 Mar 202115 Dec 2021– –£353k£450k £63k–1
31 Mar 202015 Dec 2020– –£328k£362k £34k–1

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

Similar companies in Exeter

Questions about DRAWFUN LIMITED

What is the company number of DRAWFUN LIMITED?

DRAWFUN LIMITED is registered under company number 02888576 in the official register of United Kingdom. View it at the official register.

Is DRAWFUN LIMITED still active?

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

Has DRAWFUN LIMITED gone bankrupt or into insolvency?

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

How likely is DRAWFUN LIMITED to become insolvent?

Our model estimates a 0.28 % probability that DRAWFUN LIMITED becomes insolvent within the next 12 months (high risk). That is higher than 96 % of active companies in the United Kingdom.

When was DRAWFUN LIMITED founded?

DRAWFUN LIMITED was incorporated on 18 Jan 1994.

Where is DRAWFUN LIMITED registered?

DRAWFUN LIMITED's registered address is in EX23 0LS BUDE (Exeter), United Kingdom.

What do the latest accounts of DRAWFUN LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £435k, total assets of £509k, 2 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 8 Nov 2026.