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Drivelectric Limited

04348519

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1-2 JOHNSTON ROAD, WOODFORD GREEN, IG8 0XA
Incorporated 07/01/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Jonathan Michael Shine

director · Since 07/01/2002

DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Jonathan Michael Shine

75–100% shares
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 57

4, Chase Side, Enfield, EN2 6NF

Notified 06/04/2016

Former PSCs

Ms Yael Reina Albukrek

Ceased 09/07/2025

CompanyRankvs 103915+ SIC 70229 peers
48

Financial strength41th percentile among SIC peers · 10/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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103915Drivelectric Limited
48
How is this score calculated?
Financial strength10/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 28/02/2025

Net Worth

£208

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£3k

Current Liabilities

£8k

Fixed Assets

£5k

1avg. employees

Balance Sheet

Assets less current liabilities£808
Signed by Mr Jonathan Shine 21/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.33
20240.59
20230.42
20220.23
20210.12

Derived from filed accounts. Not audited figures.