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Drivecard Limited

02101605

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6-8 WOODSIDE GROVE, LONDON, N12 8QU
Incorporated 19/02/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mr John Mary O'Sullivan

director · Since 31/12/1991

GARAGE PROPRIETOR

IRISH · ENGLAND · Age 82

Also on 19 other boards

Sherrards Company Secretarial Ltd

secretary · Since 10/08/2012

BRITISH

Mr Michael James Warren

director · Since 10/08/2012

NONE

BRITISH · UNITED KINGDOM · Age 69

Also on 7 other boards

Persons with Significant Control

Mr Michael Conlon

25–50% shares

British · England · Age 73

12, Angel Gate, London, EC1V 2PT

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/12/2009Registered 31/12/2009Satisfied 15/01/2016

CompanyRankvs 70920+ SIC 77110 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£381k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£56k

Working capital

Current Assets

£3k

Current Liabilities

£59k

0avg. employees

Balance Sheet

Assets less current liabilities-£56k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06+£0
20230.06+£0
20210.06+£0
20200.06+£0
20190.06+£0
20180.06

Derived from filed accounts. Not audited figures.