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Drive (Edgware) Ltd.

04119206

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

2 MOUNTSIDE, STANMORE, HA7 2DT
Incorporated 04/12/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mary Catherine Tobin

secretary · Since 04/12/2000

BRITISH

Also on 1 other board

Mrs Mary Catherine Tobin

director · Since 23/06/2012

DIRECTOR

IRISH · ENGLAND · Age 71

Also on 2 other boards

Mr Paul Anthony Tobin

director · Since 05/12/2015

PROJECT MANAGER

IRISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Paul Anthony Tobin

25–50% shares
25–50% votes

Irish · England · Age 51

56 Millway, London, NW7 3RA

Notified 06/04/2016

Mrs Mary Catherine Tobin

25–50% shares
25–50% votes

Irish · England · Age 71

56 Millway, London, NW7 3RA

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 25/11/2013Registered 28/11/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 17/06/2013Registered 19/06/2013

CompanyRankvs 1015+ SIC 43999 peers
77

Financial strength98th percentile among SIC peers · 25/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1015Drive (Edgware) Ltd.
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How is this score calculated?
Financial strength25/25 pts

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

Employees12/15 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.

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 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£496k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.7M

Current Liabilities

£608k

Fixed Assets

£43k

Debtors

£2.2M

3avg. employees

Balance Sheet

Assets less current liabilities£2.1M
Signed by Mrs M C Tobin Mr P A Tobin 3 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.38+£14k
20233.89+£37k
20223.08+£134k
20212.05—

Derived from filed accounts. Not audited figures.