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The Young Driver Training Limited

06979425

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

Holly Grange, Holly Lane, Balsall Common, CV7 7EB
Incorporated 04/08/2009

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/08/2025

Due 18/08/2026

On track

Industry

85530
Driving school activities
93290
Other amusement and recreation activities

Officers

Ian Michael Mulingani

director · Since 21/06/2018

British · United Kingdom · Age 63

Former

Adrienne Mary Lawler

director · Resigned 01/09/2009

Kevin Thomas Morley

director · Resigned 18/05/2010

Jordan Cosec Limited

corporate secretary · Resigned 26/08/2011

Ian Michael Mulingani

director · Resigned 03/10/2016

Kim Stanton

director · Resigned 31/03/2021

John Arthur Silcox

director · Resigned 31/03/2021

Persons with Significant Control

Mr Ian Michael Mulingani

75–100% shares

British · United Kingdom · Age 63

Holly Grange, Holly Lane, Balsall Common, CV7 7EB

Notified 04/08/2016

Former PSCs

Mr John Arthur Silcox

Ceased 06/10/2020

Mrs Kim Elizabeth Stanton

Ceased 06/10/2020

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/05/2010Registered 22/05/2010Satisfied 31/01/2024

Change History

statusactive
2026-06-07

Active

typeltd
2026-06-07

Private Limited Company

address line1Holly Grange
2026-06-07

HOLLY GRANGE

post townBalsall Common
2026-06-07

BALSALL COMMON

officer appointedMULINGANI, Ian Michael
2026-06-07

CompanyRankvs 245+ SIC 85530 peers
75

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1× · 6/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

£132k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.6M

Fixed Assets

£138k

Debtors

£481k

12avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£136k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00-£1k
20231.04+£70k
20220.98-£107k
20211.04-£57k
20201.02

Derived from filed accounts. Not audited figures.