DROPLESS LTD

Active Plymouth

Other cleaning services

26 employees website.com
Creative, media and publishing Other cleaning services
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DROPLESS LTD

Other cleaning services

Founded 17 Oct 2017 Active Plymouth, United Kingdom 26 employees website.com
Creative, media and publishing Other cleaning services
Accounts Submitted 29 Sept 2025 Next due 30 Sept 2026 5 months remaining
Confirmation Submitted 3 Feb 2026 Next due 7 Feb 2027 9 months remaining
Net assets £-3M £1M 2024 year on year
Total assets £511K £1M 2024 year on year
Total Liabilities £3M £124K 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

C/O Francis Clark Llp Melville Building East Royal William Yard Plymouth Devon PL1 3RP United Kingdom

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for DROPLESS LTD (11018311), an active creative, media and publishing company based in Plymouth, United Kingdom. Incorporated 17 Oct 2017. Other cleaning services. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2018–2024)

Cash in Bank

£22.68k

Decreased by £159.25k (-88%)

Net Assets

-£2.60M

Decreased by £1.24M (-91%)

Total Liabilities

£3.11M

Increased by £123.61k (+4%)

Turnover

N/A

Employees

26

Decreased by 9 (-26%)

Debt Ratio

609%

Increased by 425 (+231%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
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

Funding Rounds 5

Investors (1)

Investor NameInvestor SinceParticipating Rounds
Investor 1Mar 2021Unknown/Other, Seed

Share Capital

Share Capital

Share allotments and capital structure

11 Allotments 10,510,563 Shares £2681739.08m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
13 Mar 202410,073£0.101£0
15 Feb 202361,246£37k£0.61
15 Feb 2023866,503£324938.63m£375k
15 Feb 2023939,912£382338.09m£407k
17 Jan 20232,138,222£1974459.85m£923k

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (47)

Michael Roger Grindy
27.4%
Pembroke Vct Plc
26.2%

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Michael Grindy

British

Active
Notified 17 Oct 2017
Residence United Kingdom
DOB December 1983
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent,right To Appoint And Remove Directors
Active
Notified 9 May 2023
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

PEMBROKE VCT PLC united kingdom
DROPLESS LTD Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
14 Mar 2026ResolutionResolutions
14 Mar 2026IncorporationMemorandum Articles
3 Feb 2026Confirmation StatementConfirmation statement made on 2026-01-24 with updates
27 Nov 2025AddressChange Registered Office Address Company With Date Old Address New Address
29 Sept 2025AccountsAnnual accounts made up to 2024-12-31
14 Mar 2026 Resolution

Resolutions

14 Mar 2026 Incorporation

Memorandum Articles

3 Feb 2026 Confirmation Statement

Confirmation statement made on 2026-01-24 with updates

27 Nov 2025 Address

Change Registered Office Address Company With Date Old Address New Address

29 Sept 2025 Accounts

Annual accounts made up to 2024-12-31

Recent Activity

Latest Activity

Resolutions

1 months ago on 14 Mar 2026

Memorandum Articles

1 months ago on 14 Mar 2026

Confirmation statement made on 2026-01-24 with updates

2 months ago on 3 Feb 2026

Change Registered Office Address Company With Date Old Address New Address

4 months ago on 27 Nov 2025

Annual accounts made up to 2024-12-31

6 months ago on 29 Sept 2025