DRUMHORC PALLETS LIMITED

Company number NI022005 · Active

DRUMHORC PALLETS LIMITED is a private limited company registered in CO DOWN, United Kingdom, incorporated on 10 Oct 1988. Its registered activity is manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials. Its latest published accounts for the period ending 31 Dec 2025 show equity of £2.2m, total assets of £4.0m. It has filed 7 sets of accounts. 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

Employees7.0×≥ 8 · 0.81 % became insolvent
Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Industry2.3×16 · 0.27 % became insolvent

Lowers the risk

Region0.0×BT · 0.00 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Late filings0.8×0–1 · 0.09 % 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
NI022005 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
10 Oct 1988 (38 years)
Registered address
BT63 6EG CO DOWN
Postcode area
Northern Ireland
Activity
16290 Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
Industry
Manufacture of wood products
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202530 Sep 2026– –£2.2m£4.0m £1.2m£176k26
31 Dec 202415 Jul 2025– –£1.7m£2.9m £1.2m£273k45
31 Dec 202315 Sep 2024– –£1.7m£2.6m £852k£125k20
31 Dec 202215 Jul 2023– –£1.4m£2.3m £915k£308k17
31 Dec 202115 Jun 2022– –£1.1m£2.1m £898k£40k16
31 Dec 202015 Jun 2021– –£961k£1.6m £518k£53k14
31 Dec 201915 Jul 2020– –£878k£1.5m £422k£14k16

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

Similar companies in Northern Ireland

Questions about DRUMHORC PALLETS LIMITED

What is the company number of DRUMHORC PALLETS LIMITED?

DRUMHORC PALLETS LIMITED is registered under company number NI022005 in the official register of United Kingdom. View it at the official register.

Is DRUMHORC PALLETS LIMITED still active?

Yes. DRUMHORC PALLETS LIMITED is registered as active (status: Active).

Has DRUMHORC PALLETS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for DRUMHORC PALLETS LIMITED in the official data.

How likely is DRUMHORC PALLETS LIMITED to become insolvent?

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

When was DRUMHORC PALLETS LIMITED founded?

DRUMHORC PALLETS LIMITED was incorporated on 10 Oct 1988.

Where is DRUMHORC PALLETS LIMITED registered?

DRUMHORC PALLETS LIMITED's registered address is in BT63 6EG CO DOWN (Northern Ireland), United Kingdom.

What do the latest accounts of DRUMHORC PALLETS LIMITED show?

The latest published accounts (period ending 31 Dec 2025) show equity of £2.2m, total assets of £4.0m, 26 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.