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Driveshaft Services Limited

03559460

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

29 STURMI WAY, VILLAGE FARM INDUSTRIAL ESTATE, BRIDGEND, CF33 6BZ
Incorporated 07/05/1998

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 02/07/2025

Due 16/07/2026

On track

Industry

32990
Other manufacturing

Officers

Mr Steven James Richards

director · Since 07/05/1998

COMPANY DIRECTOR

BRITISH · WALES · Age 59

Also on 6 other boards

Mr Scott Peter O'Rourke

director · Since 21/12/2018

OPERATIONS DIRECTOR

BRITISH · WALES · Age 37

Mr Joseph Ross Garfield Richards

director · Since 01/05/2022

SALES PERSON

BRITISH · UNITED KINGDOM · Age 26

Mr Samuel James Richards

director · Since 01/05/2022

SALES PERSON

BRITISH · UNITED KINGDOM · Age 28

Persons with Significant Control

Driveshaft Services (Holdings) Limited

50–75% shares

29, Sturmi Way, Pyle, CF33 6BZ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 16/05/2006Registered 17/05/2006Satisfied 28/02/2019
charge
satisfied

LLOYDS BANK PLC

Created 20/07/1998Registered 31/07/1998Satisfied 28/02/2019

CompanyRankvs 345+ SIC 32990 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.79× · 20/20
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 strength24/25 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.

Liquidity20/20 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

£3.3M

Balance sheet strength

Cash

£2.9M

Cash in the bank

Net Current Assets

£2.6M

Working capital

Current Assets

£3.3M

Current Liabilities

£697k

Fixed Assets

£761k

Debtors

£316k

19avg. employees+3

Tax at Year End

Corp tax£75k

Balance Sheet

Assets less current liabilities£3.4M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20244.79+£259k
20234.79+£377k
20225.21+£339k
20214.26+£302k
20203.66+£359k
20193.07+£235k
20182.95

Derived from filed accounts. Not audited figures.