# THE DRAIN TEAM LTD (14707872)

> THE DRAIN TEAM LTD is an active private limited company (company number 14707872) incorporated on 6 March 2023, registered in London. Its registered activity is other service activities n.e.c. (SIC 96090). Latest abridged accounts cover the period ending 31 March 2026, showing net assets of £74k and cash of £5,292, with 0 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 173% on the prior period (£27k). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2023-03-06
- Registered office: London, N16 9BU
- SIC 96090: Other service activities n.e.c.
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-03-20
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 16,551 comparable companies in London (median £861, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £74k | £5,292 | £86k | £37k | — | — | 0 |
| 2025-03-31 | £27k | £2,065 | £48k | £23k | — | — | 0 |
| 2024-03-31 | £26k | £17k | £29k | £21k | — | — | 0 |

current ratio 2.47; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £74,166 at 31 March 2026
- Net assets up 10% or more on the prior period: +173.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.47
- Three or more accounting periods on record: 3 periods on record
- Incorporated two to five years ago: Incorporated 6 March 2023

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

## Persons with significant control

- Mr Gavin Lee Clements — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2023-03-06

---
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/14707872
HTML: https://firmoscan.com/company/14707872-the-drain-team-ltd