DRAKE'S EXTRACTS LTD

Company number 10776876 · Active (Active - Proposal to Strike off)

DRAKE'S EXTRACTS LTD is a private limited company registered in EASTBOURNE, United Kingdom, incorporated on 18 May 2017. Its registered activity is other manufacturing n.e.c.. Its latest published accounts for the period ending 31 May 2023 show equity of £24k, total assets of £1,473. It has filed 5 sets of accounts, 3 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

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Industry3.0×32 · 0.35 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % 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
10776876 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
18 May 2017 (9 years)
Registered address
BN21 2PJ EASTBOURNE
Postcode area
Brighton
Activity
32990 Other manufacturing n.e.c.
Industry
Other manufacturing
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202315 Apr 2024– –£24k£1,473 £25k–1
31 May 202215 Mar 2023– –£14k£18k £7,555–1
31 May 202115 Feb 2022– –−£10k£22k £7,198–1
31 May 202015 Jul 2021– –£186£17k £6,767–1
31 May 201915 Feb 2020– –£993£14k £13k–1

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

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Questions about DRAKE'S EXTRACTS LTD

What is the company number of DRAKE'S EXTRACTS LTD?

DRAKE'S EXTRACTS LTD is registered under company number 10776876 in the official register of United Kingdom. View it at the official register.

Is DRAKE'S EXTRACTS LTD still active?

Yes. DRAKE'S EXTRACTS LTD is registered as active (status: Active - Proposal to Strike off).

Has DRAKE'S EXTRACTS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for DRAKE'S EXTRACTS LTD in the official data.

How likely is DRAKE'S EXTRACTS LTD to become insolvent?

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

When was DRAKE'S EXTRACTS LTD founded?

DRAKE'S EXTRACTS LTD was incorporated on 18 May 2017.

Where is DRAKE'S EXTRACTS LTD registered?

DRAKE'S EXTRACTS LTD's registered address is in BN21 2PJ EASTBOURNE (Brighton), United Kingdom.

What do the latest accounts of DRAKE'S EXTRACTS LTD show?

The latest published accounts (period ending 31 May 2023) show equity of £24k, total assets of £1,473, 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 9 Nov 2026.