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Driving Wheel Records Ltd

03594662

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

19 THE CHASE, WEST MIDLANDS, WV6 0WZ
Incorporated 08/07/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr David Jeremy Powner

director · Since 13/07/1998

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr David Jeremy Powner

Significant control

British · England · Age 64

19, The Chase, Wolverhampton, WV6 0WZ

Notified 11/07/2016

CompanyRankvs 3780+ SIC 59200 peers
59

Financial strength58th percentile among SIC peers · 14/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.1× · 12/20
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 strength14/25 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.

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.

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

Key FinancialsYear ending 31/07/2025

Turnover

£2k

Annual revenue

Net Worth

£732

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£725

Working capital

Current Assets

£8k

Current Liabilities

£7k

Fixed Assets

£7

Profit After Tax

£138

0avg. employees

Balance Sheet

Depreciation£3
Assets less current liabilities£732
Signed by 1.8.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20251.10
20241.09
20231.09
20221.11
20211.12
20201.14
20191.16
20181.30

Derived from filed accounts. Not audited figures.