WE ARE DRAINAGE LTD

Company number 15902305 · Active

WE ARE DRAINAGE LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 16 Aug 2024. Its registered activity is sewerage. Its latest published accounts for the period ending 31 Aug 2025 show equity of £28k, total assets of £85k. It has filed 1 set 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

Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Industry1.9×37 · 0.22 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Region0.3×W · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Accounts overdue0.8×0 · 0.09 % 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
15902305 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
16 Aug 2024 (2 years)
Registered address
W1W 5PF LONDON
Postcode area
London West
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 Aug 20253 Sep 2026– –£28k£85k £32k–2

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

Similar companies in London West

Questions about WE ARE DRAINAGE LTD

What is the company number of WE ARE DRAINAGE LTD?

WE ARE DRAINAGE LTD is registered under company number 15902305 in the official register of United Kingdom. View it at the official register.

Is WE ARE DRAINAGE LTD still active?

Yes. WE ARE DRAINAGE LTD is registered as active (status: Active).

Has WE ARE DRAINAGE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WE ARE DRAINAGE LTD in the official data.

How likely is WE ARE DRAINAGE LTD to become insolvent?

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

When was WE ARE DRAINAGE LTD founded?

WE ARE DRAINAGE LTD was incorporated on 16 Aug 2024.

Where is WE ARE DRAINAGE LTD registered?

WE ARE DRAINAGE LTD's registered address is in W1W 5PF LONDON (London West), United Kingdom.

What do the latest accounts of WE ARE DRAINAGE LTD show?

The latest published accounts (period ending 31 Aug 2025) show equity of £28k, total assets of £85k, 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.