Back to search

Drives And Automation Limited

04288100

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

DRIVES AND AUTOMATION LTD WHITTING VALLEY ROAD, CHESTERFIELD, S41 9EY
Incorporated 17/09/2001

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 10/09/2025

Due 24/09/2026

On track

Industry

27900
Manufacture of other electrical equipment

Officers

Mr John Derek Goodwin

director · Since 17/09/2001

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Drives And Automation Holdings Limited

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

Third Floor, Staveley Hall, Staveley Hall Drive, Staveley, S43 3TN

Reg: 13775994 · Companies House · Private Company Limited By Gurantee

Notified 11/02/2022

Former PSCs

Mr Nigel Peter Vivian

Ceased 28/09/2017

Mr John Derek Goodwin

Ceased 11/02/2022

CompanyRankvs 209+ SIC 27900 peers
83

Financial strength88th percentile among SIC peers · 22/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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

£1.3M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.5M

Current Liabilities

£272k

Fixed Assets

£17k

Debtors

£146k

5avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with BTCSoftware AP Solution 2024 11.2.01

EstimatesDerived

YearCurrent RatioImplied Profit
20245.60+£344k
20234.11-£71k
20224.72-£439k
20215.99+£522k
20203.58+£176k
20192.52+£184k
20183.25

Derived from filed accounts. Not audited figures.