{"name":"PRESTON DRYLINERS LIMITED","company_number":"06008194","status":"Active","type":"Private Limited Company","incorporated":"2006-11-23","dissolved":null,"registered_office":"Unit 7 233 Eldon Street, Ashton-On-Ribble, Preston, England, PR2 2BB","postcode":"PR2 2BB","sic_codes":[{"code":43310,"description":"Plastering"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":12,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":43910,"cash":48331,"average_employees":12},{"financial_date":"2025-03-31","net_assets":498549,"cash":8533,"average_employees":13},{"financial_date":"2024-03-31","net_assets":490698,"cash":62960,"average_employees":13},{"financial_date":"2022-11-30","net_assets":678947,"cash":2340},{"financial_date":"2021-11-30","net_assets":851735,"cash":2}],"officers":{"current":3,"resigned":1,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Preston Dryliners Limited presents the profile of a long-established plastering subcontractor that has progressively extracted capital through director current accounts, leaving the business with dangerously thin cash reserves and an asset base that is almost entirely represented by loans to its own directors. While the company benefits from nearly two decades of trading history and a diversified project portfolio across domestic, commercial, and industrial sectors, the financial structure raises material going concern questions – adjusted working capital stands at just 0.47x current liabilities, and any impairment of the £508,829 director balances would render the company technically insolvent. The wider group structure via Qubic Trustees Ltd may provide context for the intercompany dynamics, but on a standalone basis, this is a business where operational continuity appears dependent on the willingness and ability of its directors to maintain rather than further extract their loan balances.","website":"http://prestondryliners.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/preston-dryliners","people":"https://www.companiesintheuk.co.uk/company/preston-dryliners/people","filing_history":"https://www.companiesintheuk.co.uk/company/preston-dryliners/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06008194","financials":"https://www.companiesintheuk.co.uk/company/preston-dryliners/financial","control":"https://www.companiesintheuk.co.uk/company/preston-dryliners/control","charges":"https://www.companiesintheuk.co.uk/company/preston-dryliners/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/preston-dryliners/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/preston-dryliners"}