CompanyTrack
T

THE DROP TECHNOLOGY LTD

Active London

Retail sale via mail order houses or via Internet

1 employees Website
Supply chain, manufacturing and commerce models E-commerce & direct-to-consumer Retail sale via mail order houses or via Internet
T

THE DROP TECHNOLOGY LTD

Retail sale via mail order houses or via Internet

Founded 8 Mar 2017 Active London, England 1 employees thedrop.co
Supply chain, manufacturing and commerce models E-commerce & direct-to-consumer Retail sale via mail order houses or via Internet
Accounts Submitted 26 Dec 2024
Confirmation Statement Submitted 23 Apr 2025
Net assets £-43.71K £2.93K 2023 year on year
Total assets £15.24K £3.64K 2023 year on year
Total Liabilities £58.95K £718.00 2023 year on year
Charges None No charges registered

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Contact & Details

Registered Address

Commercial Unit 2, Aurora Buildings 124 East Road London N1 6FD England

Office ()

London, England, United Kingdom, Europe

Office (London)

Founders Factory, Northcliffe House, Young Street, W8 5EH

Website

thedrop.co

Credit Report

Discover THE DROP TECHNOLOGY LTD's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2017–2023)

Cash in Bank

£5.07k

Decreased by £3.01k (-37%)

Net Assets

-£43.71k

Decreased by £2.93k (-7%)

Total Liabilities

£58.95k

Decreased by £718.00 (-1%)

Turnover

N/A

Employees

1

Debt Ratio

387%

Increased by 71 (+22%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

10 Allotments 6,619,390 Shares £897k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
18 Jan 2019116,421£37k£0.314
7 Jan 2019519,444£163k£0.314
31 Jul 201879,668£25k£0.314
25 Jul 2018866,946£272k£0.314
2 Jul 2018345,295£108k£0.314

Officers

Officers

2 active 2 resigned
Status
Andrew BettonDirectorBritishEngland5422 Aug 2018Active
Jonathan KrugerDirectorBritishUnited Kingdom368 Mar 2017Active

Shareholders

Shareholders (45)

Syndicate Room Nominees Limited
1.0%
105,16816 Apr 2024
Timothly Lancaster
0.0%
4,33816 Apr 2024
Wcs Nominees Limited
0.0%
016 Apr 2024

Persons with Significant Control

Persons with Significant Control (2)

2 Active 1 Ceased

Jonathan Kruger

British

Active
Notified 8 Mar 2017
Residence United Kingdom
DOB March 1989
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

Forward Partners General Partner Limited

United Kingdom

Active
Notified 15 Jun 2017
Nature of Control
  • Ownership Of Shares 25 To 50 Percent As Firm

Stephen Stroud

Ceased 4 Nov 2019

Ceased

Group Structure

Group Structure

FORWARD PARTNERS GENERAL PARTNER LIMITED united kingdom shares 75 to 100 percent
FORWARD PARTNERS MANAGEMENT COMPANY LIMITED united kingdom shares 75 to 100 percent
FORWARD PARTNERS GROUP LIMITED united kingdom shares 75 to 100 percent
MOLTEN VENTURES PLC united kingdom
THE DROP TECHNOLOGY LTD Current Company

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
23 Apr 2025Confirmation StatementConfirmation statement made on 2025-03-07 with no updatesView(3 pages)
26 Dec 2024AccountsAnnual accounts made up to 2024-03-31View(7 pages)
16 Apr 2024Confirmation StatementConfirmation statement made on 2024-03-07 with updatesView(11 pages)
29 Dec 2023AccountsAnnual accounts made up to 2023-03-31View(7 pages)
6 Apr 2023Confirmation StatementConfirmation statement made on 2023-03-07 with no updatesView(3 pages)
23 Apr 2025 Confirmation Statement

Confirmation statement made on 2025-03-07 with no updates

26 Dec 2024 Accounts

Annual accounts made up to 2024-03-31

16 Apr 2024 Confirmation Statement

Confirmation statement made on 2024-03-07 with updates

29 Dec 2023 Accounts

Annual accounts made up to 2023-03-31

6 Apr 2023 Confirmation Statement

Confirmation statement made on 2023-03-07 with no updates

Recent Activity

Latest Activity

Confirmation statement made on 2025-03-07 with no updates

9 months ago on 23 Apr 2025

Annual accounts made up to 2024-03-31

1 years ago on 26 Dec 2024

Confirmation statement made on 2024-03-07 with updates

1 years ago on 16 Apr 2024

Annual accounts made up to 2023-03-31

2 years ago on 29 Dec 2023

Confirmation statement made on 2023-03-07 with no updates

2 years ago on 6 Apr 2023