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Drive Further Limited

08197723

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

5400 LAKESIDE, CHEADLE, SK8 3GQ
Incorporated 31/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Nicholas David Garner

director · Since 31/08/2012

CHARTERED ACCOUNTANT

ENGLISH · ENGLAND · Age 47

Also on 21 other boards

Serena Angela Garner

secretary · Since 21/12/2015

Persons with Significant Control

Mr Nicholas David Garner

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

English · England · Age 47

5400 Lakeside, Cheadle Royal Business Park, Cheadle, SK8 3GQ

Notified 06/04/2016

CompanyRankvs 8067+ SIC 70100 peers
44

Financial strength40th percentile among SIC peers · 10/25
Employees98th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8067Drive Further Limited
53
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.

Employees15/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2024

Net Worth

£827

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2.5M

Working capital

Current Assets

—

Current Liabilities

£2.5M

Fixed Assets

£6.0M

Profit After Tax

-£603k

82avg. employees+8

Tax at Year End

Dividends paid£150k

People Costs(2020)

Wages & salaries£2.6M
NI contributions£240k

Balance Sheet

Assets less current liabilities£3.6M
Prepared with IRIS Accounts Production