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Driving Force (Uk) Limited

03670612

active
Private Limited Company
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

260 - 270 BUTTERFIELD, LUTON, LU2 8DL
Incorporated 19/11/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Richard Allan Costa

director · Since 01/07/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Richard Allan Costa

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 60

C/O Driving Force (Uk) Limited, Concorde House, London, NW7 3SA

Notified 06/04/2016

CompanyRankvs 1445+ SIC 82990 peers
88

Financial strength95th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.39× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1445Driving Force (Uk) Limited
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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 30/11/2024

Net Worth

£742k

Balance sheet strength

Cash

£620k

Cash in the bank

Net Current Assets

£750k

Working capital

Current Assets

£1.3M

Current Liabilities

£538k

Fixed Assets

£64k

Debtors

£668k

9avg. employees+3

Tax at Year End

Corp tax£74k

Balance Sheet

Intangible assets£6k
Assets less current liabilities£814k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.39+£114k
20232.73+£177k
20222.02+£176k
20211.99+£92k
20201.68-£57k
20191.23-£70k
20183.74—

Derived from filed accounts. Not audited figures.