THE DRAIN GROUP LIMITED
Company number 07344240 · Monitor this company
Executive summary
The Drain Group Limited has delivered exceptional growth within the UK drainage services sector, transforming from a modest regional operator (£251k net assets in 2017) into a substantially capitalised business (£1.19M net assets in 2024) with strong cash generation and a fleet-intensive asset base appropriate to the trade. The strategic rebrand from "Birmingham Drain Services" signals ambitions beyond its West Midlands origins, and its financial trajectory—consistent profit retention, growing cash reserves, and moderate leverage—positions it as a credible consolidator in a fragmented sector. The primary area of concern is the elevated trade debtor book (£942k), which represents an unusually high proportion of total assets and warrants attention regarding credit control and working capital management.
Shareholders' funds
£1,191,655
Balance sheet as at 2024-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2010-08-12
- Employees
- 64 (2024 accounts · was 65 in 2023)
- Registered office
- Audley House, 12-12a Margaret Street, London, England, W1W 8JQ
- Postcode
- W1W 8JQ
- Capital
- 2,000 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-10-01
- Next due by
- 2026-10-15
Nature of business (SIC)
- 38110 Collection of non-hazardous waste
Officers 3 current · 4 resigned
Group structure
Controlled by BIRMINGHAM DRAIN SERVICES LIMITED — since 2023-11-01
From persons-with-significant-control filings on the public register.
Contact details
Experienced TeamTrusted EngineersCustomer Focussed24/7 Support
Previous company names
| Name | Date changed |
|---|---|
| BIRMINGHAM DRAIN SERVICES LIMITED | 2026-03-03 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| UNIT 1 1161 CHESTER ROAD, ERDINGTON, BIRMINGHAM, B24 0QY, ENGLAND | 2019-04-15 |
| 200 JERRYS LANE, BIRMINGHAM, B23 5PG | 2016-11-16 |
| 267 SHORT HEATH ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6LD, ENGLAND | 2013-05-22 |
Among its peers
Top 10%
by shareholders' funds, of 51 similar companies in W
2nd largest employer among its local peers (64 staff).
Among the oldest 25% of its local peers, trading since 2010.
No.4 of the largest collection of non-hazardous waste companies in London →
Competitors London
-
1. POWERDAY PLC
This company ranks 4 among collection of non-hazardous waste in London.
The class of 2010
33%
of the 293 companies in this sector incorporated in 2010 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.