DRAG SPEED LTD
Company number 09358393 · Active (Active - Proposal to Strike off)
DRAG SPEED LTD is a private limited company registered in BRIDGEND, United Kingdom, incorporated on 17 Dec 2014. Its registered activity is freight transport by road. Its latest published accounts for the period ending 31 Dec 2022 show equity of £17k, total assets of £21k. It has filed 4 sets of accounts. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).
Insolvency risk, next 12 months
Higher than 89 % of active companies in the United Kingdom. 0.2× the average annual insolvency rate (0.12 %).
Raises the risk
Lowers the risk
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
- 09358393 · official register
- Status
- Active - Proposal to Strike off
- Legal form
- Private Limited Company
- Incorporated
- 17 Dec 2014 (12 years)
- Registered address
- CF31 4LB BRIDGEND
- Postcode area
- Cardiff
- Activity
- 49410 Freight transport by road
- Industry
- Land transport
- Accounts overdue
- Yes
Insolvency and register events
No insolvency or liquidation events on record.
Annual accounts GBP
| Period end | Published | Turnover | Result | Equity | Total assets | Current liabilities | Cash | Employees |
|---|---|---|---|---|---|---|---|---|
| 31 Dec 2022 | 15 Jul 2023 | – | – | £17k | £21k | £14k | £21k | 1 |
| 31 Dec 2021 | 15 Jul 2022 | – | – | £8,137 | £20k | £7,191 | £20k | 2 |
| 31 Dec 2020 | 15 Aug 2021 | – | – | −£208 | – | £224 | £16 | 2 |
| 31 Dec 2019 | 15 Aug 2020 | – | – | £0 | £1,179 | £1,179 | – | 2 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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Questions about DRAG SPEED LTD
What is the company number of DRAG SPEED LTD?
DRAG SPEED LTD is registered under company number 09358393 in the official register of United Kingdom. View it at the official register.
Is DRAG SPEED LTD still active?
Yes. DRAG SPEED LTD is registered as active (status: Active - Proposal to Strike off).
Has DRAG SPEED LTD gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for DRAG SPEED LTD in the official data.
How likely is DRAG SPEED LTD to become insolvent?
Our model estimates a 0.03 % probability that DRAG SPEED LTD becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.
When was DRAG SPEED LTD founded?
DRAG SPEED LTD was incorporated on 17 Dec 2014.
Where is DRAG SPEED LTD registered?
DRAG SPEED LTD's registered address is in CF31 4LB BRIDGEND (Cardiff), United Kingdom.
What do the latest accounts of DRAG SPEED LTD show?
The latest published accounts (period ending 31 Dec 2022) show equity of £17k, total assets of £21k, 1 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.