The Firmwatch take
Draughts (east Bank) Limited is a 1-year-old SIC 96090 company, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show -GBP 46k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
1 June 2024
1 years on the register
Sector
Other personal service activities n.e.c.
SIC 96090
Size
Not classified
Net assets
−£46k
-£46,303
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£46k
Cash
Not disclosed
Working cap.
−£217k
Current ratio
0.3×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · W1W 6XH
2,907 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
2,774
Dissolved
62
Strike-off action
68
People
Who runs this company
- CN
CURCI, Nicholas
director · since 2024
Registered office
Address intelligence
2,907 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.