DRAKE SECURITY SERVICES LTD

Company number 15008418 ·

Active

This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.

DRAKE SECURITY SERVICES LTD - Analysis Report

Company Number: 15008418

Analysis Date: 2025-07-29 18:56 UTC

  1. Risk Rating: LOW
    The company shows a positive net asset position and net current assets indicating solvency. There are no overdue filings or indications of regulatory non-compliance. The company is newly incorporated and appears to be managed by a single director who is also the sole significant controller.

  2. Key Concerns:

  • Limited operating history: Incorporated in mid-2023, the company has only one financial period filed, which limits the ability to assess operational stability over time.
  • Micro-entity status: The company reports under micro-entity provisions with limited financial disclosures, notably excluding the profit and loss account, restricting insight into profitability and cash flow.
  • Single director and sole control: Concentration of control and management in one individual may pose governance risks if not mitigated by external oversight or controls.
  1. Positive Indicators:
  • Positive net current assets (£42,507) and net assets, indicating the company currently holds sufficient short-term assets to cover liabilities and has a positive equity base.
  • No overdue statutory filings: Accounts and confirmation statements are up to date, which suggests good compliance with regulatory requirements.
  • Clear ownership and control structure: The sole director and 100% shareholder relationship provides clarity on decision-making authority and responsibility.
  1. Due Diligence Notes:
  • Request more detailed financial information, including profit and loss data and cash flow statements, to better assess operational performance and liquidity.
  • Confirm the nature and duration of contracts or revenues supporting the business to evaluate sustainability beyond the start-up phase.
  • Investigate any external credit facilities or contingent liabilities not disclosed in the micro-entity accounts that may impact solvency.
  • Review director background and any potential conflicts of interest given sole control and directorship.

Perspective: Investment Risk Assessor · Model: gpt-4.1-mini · Generated 29 July 2025

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