DRAE ELECTRICAL LIMITED

Company number 11304303 · Active (Active - Proposal to Strike off)

DRAE ELECTRICAL LIMITED is a private limited company registered in SOUTH CROYDON, United Kingdom, incorporated on 11 Apr 2018. Its registered activity is electrical installation. Its latest published accounts for the period ending 31 Mar 2022 show equity of £7,073, total assets of £37k. It has filed 4 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent

Lowers the risk

Region0.5×CR · 0.06 % 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
11304303 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
11 Apr 2018 (9 years)
Registered address
CR2 0JH SOUTH CROYDON
Postcode area
Croydon
Activity
43210 Electrical installation
Industry
Specialised construction activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202215 Nov 2022– –£7,073£37k £20k–1
30 Apr 202115 Jan 2022– –£11k£33k £22k–1
30 Apr 202015 Apr 2021– –£16k£32k £15k–1
30 Apr 201915 Jan 2020– –£11k£4,252 –£2,185–

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

Similar companies in Croydon

Questions about DRAE ELECTRICAL LIMITED

What is the company number of DRAE ELECTRICAL LIMITED?

DRAE ELECTRICAL LIMITED is registered under company number 11304303 in the official register of United Kingdom. View it at the official register.

Is DRAE ELECTRICAL LIMITED still active?

Yes. DRAE ELECTRICAL LIMITED is registered as active (status: Active - Proposal to Strike off).

Has DRAE ELECTRICAL LIMITED gone bankrupt or into insolvency?

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

How likely is DRAE ELECTRICAL LIMITED to become insolvent?

Our model estimates a 0.00 % probability that DRAE ELECTRICAL LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was DRAE ELECTRICAL LIMITED founded?

DRAE ELECTRICAL LIMITED was incorporated on 11 Apr 2018.

Where is DRAE ELECTRICAL LIMITED registered?

DRAE ELECTRICAL LIMITED's registered address is in CR2 0JH SOUTH CROYDON (Croydon), United Kingdom.

What do the latest accounts of DRAE ELECTRICAL LIMITED show?

The latest published accounts (period ending 31 Mar 2022) show equity of £7,073, total assets of £37k, 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.