ABLE DRAINAGE LIMITED

Company number 03892645 · Active

ABLE DRAINAGE LIMITED is a private limited company registered in PLYMOUTH, United Kingdom, incorporated on 13 Dec 1999. Its registered activity is sewerage. Its latest published accounts for the period ending 31 Mar 2025 show equity of £15k, total assets of £118k. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.08 % probability that it becomes insolvent within 12 months, 0.7 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.08 %
Low risk
Lowest riskHighest risk

Higher than 92 % of active companies in the United Kingdom. 0.7× the average annual insolvency rate (0.12 %).

Raises the risk

Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Region0.9×PL · 0.10 % 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
03892645 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
13 Dec 1999 (27 years)
Registered address
PL9 8AE PLYMOUTH
Postcode area
Plymouth
Activity
37000 Sewerage
Industry
Sewerage
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Sep 2025– –£15k£118k £94k–2
31 Mar 202415 Sep 2024– –£41k£157k £105k–1
31 Mar 202315 Dec 2023– –£65k£158k £84k–1
31 Mar 202215 Dec 2022– –£94k£153k £48k–1
31 Mar 202115 Dec 2021– –£120k£133k £14k–1
31 Mar 202015 Jan 2021– –£92k£126k £34k–1

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

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Questions about ABLE DRAINAGE LIMITED

What is the company number of ABLE DRAINAGE LIMITED?

ABLE DRAINAGE LIMITED is registered under company number 03892645 in the official register of United Kingdom. View it at the official register.

Is ABLE DRAINAGE LIMITED still active?

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

Has ABLE DRAINAGE LIMITED gone bankrupt or into insolvency?

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

How likely is ABLE DRAINAGE LIMITED to become insolvent?

Our model estimates a 0.08 % probability that ABLE DRAINAGE LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 92 % of active companies in the United Kingdom.

When was ABLE DRAINAGE LIMITED founded?

ABLE DRAINAGE LIMITED was incorporated on 13 Dec 1999.

Where is ABLE DRAINAGE LIMITED registered?

ABLE DRAINAGE LIMITED's registered address is in PL9 8AE PLYMOUTH (Plymouth), United Kingdom.

What do the latest accounts of ABLE DRAINAGE LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £15k, total assets of £118k, 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.