The Young Driver Training Limited
06979425
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/08/2025
Due 18/08/2026
Industry
Officers
Former
director · Resigned 01/09/2009
director · Resigned 18/05/2010
corporate secretary · Resigned 26/08/2011
director · Resigned 03/10/2016
director · Resigned 31/03/2021
director · Resigned 31/03/2021
Persons with Significant Control
Mr Ian Michael Mulingani
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
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
HOLLY GRANGE
BALSALL COMMON
CompanyRankvs 245+ SIC 85530 peers75
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.00 | -£1k |
| 2023 | 1.04 | +£70k |
| 2022 | 0.98 | -£107k |
| 2021 | 1.04 | -£57k |
| 2020 | 1.02 | — |
Derived from filed accounts. Not audited figures.