Back to search

Financial Driver Limited

07681305

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

1 LONDON STREET, READING, RG1 4QW
Incorporated 24/06/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Jonathan Christopher Paddison

director · Since 24/06/2011

ACCOUNTANT

BRITISH · ENGLAND · Age 76

Also on 2 other boards

Persons with Significant Control

Cloud Applications Limited

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

1, London Street, Reading, RG1 4QW

Reg: 08600507 · England · Private Limited Company

Notified 06/04/2016

CompanyRankvs 36871+ SIC 62012 peers
39

Financial strength3th percentile among SIC peers · 1/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 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 30/06/2025

Net Worth

-£275k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£275k

Working capital

Current Assets

£162k

Current Liabilities

£437k

1avg. employees

Balance Sheet

Assets less current liabilities-£275k
Signed by 1.7.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37+£0
20250.37-£3k
2024132.58-£3k
20231.68-£15k
20221.68-£491k
20210.84+£5k
20200.17+£10k
20190.72-£6k
20180.32

Derived from filed accounts. Not audited figures.