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Over Drive Industries Ltd

07512111

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 6 & 7 RESOLUTION WAY, LONDON, SE8 4NT
Incorporated 01/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90040
Operation of arts facilities

Officers

Mr David Nzoyisaba Nayuguhora

director · Since 06/01/2025

MUSICIAN

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr David Nzoyisaba Nayuguhora

Appoint directors

British · England · Age 49

Unit 6 & 7, Resolution Way, London, SE8 4NT

Notified 09/01/2026

Former PSCs

Mr John Clifford

Ceased 17/11/2025

CompanyRankvs 2608+ SIC 90040 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength2/25 pts

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

Employees0/15 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 31/03/2025

Net Worth

-£70k

Balance sheet strength

Cash

£452

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£452

Current Liabilities

£71k

Director Loans

Company owes directors£54k

Balance Sheet

Assets less current liabilities-£70k
Signed by Mr David Nayuguhora 30/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£22k
20240.00-£3k
20230.02

Derived from filed accounts. Not audited figures.