DRAIN IT GROUP LTD

Company number 14481407 · Active

DRAIN IT GROUP LTD is a private limited company registered in COVENTRY, United Kingdom, incorporated on 14 Nov 2022. Its registered activity is sewerage. Its latest published accounts for the period ending 30 Nov 2024 show equity of −£12k, total assets of £9,055. It has filed 2 sets of accounts, 2 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

Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Current liabilities ÷ assets2.2×0.961567–2.20344 · 0.26 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Region0.8×CV · 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
14481407 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
14 Nov 2022 (4 years)
Registered address
CV2 5AX COVENTRY
Postcode area
Coventry
Activity
37000 Sewerage
Industry
Sewerage
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Nov 202415 Feb 2026– –−£12k£9,055 £20k–1
30 Nov 202315 Sep 2024– –−£20k£14k £34k–1

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

Similar companies in Coventry

Questions about DRAIN IT GROUP LTD

What is the company number of DRAIN IT GROUP LTD?

DRAIN IT GROUP LTD is registered under company number 14481407 in the official register of United Kingdom. View it at the official register.

Is DRAIN IT GROUP LTD still active?

Yes. DRAIN IT GROUP LTD is registered as active (status: Active).

Has DRAIN IT GROUP LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for DRAIN IT GROUP LTD in the official data.

How likely is DRAIN IT GROUP LTD to become insolvent?

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

When was DRAIN IT GROUP LTD founded?

DRAIN IT GROUP LTD was incorporated on 14 Nov 2022.

Where is DRAIN IT GROUP LTD registered?

DRAIN IT GROUP LTD's registered address is in CV2 5AX COVENTRY (Coventry), United Kingdom.

What do the latest accounts of DRAIN IT GROUP LTD show?

The latest published accounts (period ending 30 Nov 2024) show equity of −£12k, total assets of £9,055, 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.