# AXEL DRAINAGE LTD (14652393)

> AXEL DRAINAGE LTD is an active private limited company (company number 14652393) incorporated on 9 February 2023, registered in Tamworth. Its registered activity is remediation activities and other waste management services (SIC 39000). Latest micro accounts cover the period ending 28 February 2025, showing net assets of −£3,127, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 1298% on the prior period (£261).

- Status: Active
- Incorporated: 2023-02-09
- Registered office: Tamworth, B79 7TY
- SIC 39000: Remediation activities and other waste management services
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-23
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 123 comparable companies in Birmingham (median £16k, upper quartile £224k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | −£3,127 | — | — | £4,732 | — | — | 1 |
| 2024-02-29 | £261 | — | — | £7,013 | — | — | 1 |

current ratio 0.5; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-3,127 at 28 February 2025
- Net assets down 25% or more on the prior period: -1298.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.5
- Incorporated two to five years ago: Incorporated 9 February 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Thomas Ridgard — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-02-09

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/14652393
HTML: https://firmoscan.com/company/14652393-axel-drainage-ltd