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Drive Computer Services Limited

03513758

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

47 VELSHEDA COURT, HYTHE, SOUTHAMPTON, SO45 6DW
Incorporated 19/02/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Robert Ian Grant Ma

secretary · Since 03/03/1998

ACCOUNTANT

ENGLISH · ENGLAND · Age 72

Also on 10 other boards

Mr Robert Graham Holderness

director · Since 03/03/1998

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 68

Also on 7 other boards

Mr Robert Ian Grant

director · Since 23/03/2018

ACCOUNTANT

ENGLISH · UNITED KINGDOM · Age 72

Also on 6 other boards

Persons with Significant Control

The Erp Group Ltd

75–100% shares

47 Velsheda Court, Hythe Marine Village, Southampton, SO45 6DW

Reg: 03766837 · Uk · Uk

Notified 19/02/2017

Charges2 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 12/06/1998Registered 17/06/1998
charge
outstanding

MIDLAND BANK PLC

Created 12/06/1998Registered 15/06/1998

CompanyRankvs 3268+ SIC 62012 peers
69

Financial strength93th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3268Drive Computer Services Limited
79
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Turnover

£622k

Annual revenue

Net Worth

£356k

Balance sheet strength

Cash

£543k

Cash in the bank

Profit Before Tax

£54k

Bottom line earnings

Net Current Assets

£353k

Working capital

Current Assets

£1.3M

Current Liabilities

£974k

Fixed Assets

£2k

Debtors

£784k

Cost of Sales

£335k

Gross Profit

£287k

Admin Expenses

£273k

Operating Profit

£14k

Profit After Tax

£40k

10avg. employees

Tax at Year End

Corp tax£14k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.36-£160k
20241.48+£39k
20231.47+£29k
20221.50+£1k
20211.79+£1k
20202.21+£8k
20192.17—

Derived from filed accounts. Not audited figures.