Website & contact details
- Website
Drainfast Limited
- Incorporated
- 22 January 2010 (16 years)
- Previously known as
- Formations Twelve Limited (until 13 October 2010)
- Industry
- Wholesale of hardware, plumbing and heating equipment and supplies (46740)
- Directors
- Accounts type
- Full
- Region
- South East
- Address
- Vision ParkSelborne RoadAltonGU34 3HL
Filing status
- Accounts due
- 31 December 2026
- Last accounts
- 31 December 2024
- Conf. stmt due
- 5 February 2027
- Last conf. stmt
- 22 January 2026
Charges
- Total
- 5
- Outstanding
- 3
- Part satisfied
- 0
- Satisfied
- 2
Officers 3 active
Officer details are public data from the Companies House register.
British
Born April 1986 (40)
British
Born March 1981 (45)
British
Born June 1979 (47)
Officer history (3 former)
31 December 2024
Resigned James, Timothy George as Director
11 April 2011
11 April 2011
Resigned James, Karen as Director
5 October 2010
5 October 2010
Appointed James, Karen as Director
5 October 2010
Appointed James, Timothy George as Director
5 October 2010
Resigned Cowler, Adrian Paul as Director
4 October 2010
22 January 2010
Appointed Cowler, Adrian Paul as Director
Ownership 0 active
People and entities with significant control, from the Companies House PSC register
The company has declared that it has no person with significant control.
Holdings 1
Companies where Drainfast Limited is registered as a person with significant control
Owns 75–100% of shares
Active
Financials
Balance sheet as at 31 December 2024 · full accounts
- Net Assets
- £4,296,686
- Cash
- £154,554
- Turnover
- £23,484,964
- Profit Before Tax
- £1,519,390
- Employees
- 76
- Debt Ratio
- 50%
- Current Ratio
- 1.5x
- Profit Margin
- 6%
- Return on Equity
- 28%
Trend
Turnover
Balance sheet detail
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Fixed Assets | £2,690,890 | £2,745,739 | £1,422,634 | £791,229 | £743,776 | £358,331 |
| Current Assets | £5,886,213 | £5,618,176 | £6,164,193 | £6,392,402 | £3,886,657 | £3,461,474 |
| Cash | £154,554 | £2,075 | £201,464 | £652,409 | £74,496 | £171,772 |
| Creditors (< 1 year) | £3,798,398 | £3,941,309 | £3,553,320 | £4,398,125 | £2,924,800 | £2,506,485 |
| Creditors (> 1 year) | £268,221 | £64,690 | ||||
| Net Current Assets | £2,087,815 | £1,676,867 | £2,610,873 | £1,994,277 | £961,857 | £954,989 |
| Net Assets | £4,296,686 | £3,913,125 | £3,657,037 | £2,544,817 | £1,379,660 | £1,188,415 |
| Shareholder Funds | £4,296,686 | £3,913,125 | £3,657,037 | £2,544,817 | £1,379,660 | £1,188,415 |
| Turnover | £23,484,964 | £20,656,650 | £22,310,568 | |||
| Cost of Sales | £15,136,218 | £13,470,591 | £13,771,957 | |||
| Gross Profit | £8,348,746 | £7,186,059 | £8,538,611 | |||
| Admin Expenses | £6,810,678 | £6,262,902 | £6,018,919 | |||
| Staff Costs | £3,548,006 | £3,080,322 | £3,007,427 | |||
| Operating Profit | £1,538,068 | £923,157 | £2,519,692 | |||
| Profit Before Tax | £1,519,390 | £914,455 | £2,518,345 | |||
| Tax | £308,320 | £133,849 | £468,225 | |||
| Profit for Period | £1,211,070 | £780,606 | £2,050,120 | |||
Filings 61
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 13 February 2026 | Registered office address changed | |||
| 10 February 2026 | Satisfaction of a charge in full | |||
| 26 January 2026 | Confirmation statement with updates | 22 January 2026 | ||
| 28 November 2025 | Full accounts | 31 December 2024 | ||
| 11 February 2025 | Termination of appointment of a director |
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