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U Drive Cover Limited

08673216

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

PILGRIM HOUSE, PLYMOUTH, PL1 5AJ
Incorporated 03/09/2013

Compliance

Last accounts

31/03/2026

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 03/09/2025

Due 17/09/2026

On track

Industry

65120
Non-life insurance

Officers

Mr Andrew Stephen Barnard

director · Since 10/01/2014

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Samir Hafeez Awan

director · Since 07/01/2019

INSURANCE BROKER

BRITISH · ENGLAND · Age 36

Mrs Michelle Louise Berry

director · Since 07/01/2019

INSURANCE BROKER

BRITISH · ENGLAND · Age 47

Mr James Alexander Hanna

director · Since 07/01/2019

ACCOUNTANT

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Steven Robert Mcpherson

director · Since 07/01/2019

INSURANCE BROKER

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mr Stefan Tommy Rance

director · Since 01/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 47

Mr James Alexander Hanna

secretary · Since 01/04/2021

Also on 1 other board

Persons with Significant Control

Minority Venture Partners 19 Limited

75–100% shares
75–100% votes

Venture House, St. Leonards Road, Maidstone, ME16 0LS

Reg: 16839317 · Companies House · Company Limited By Shares

Notified 17/04/2026

Former PSCs

Mr Stephen Colin Barnard

Ceased 28/02/2023

Mr Steven Robert Mcpherson

Ceased 17/04/2026

CompanyRankvs 437+ SIC 65120 peers
76

Financial strength83th percentile among SIC peers · 21/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

Liquidity12/20 pts

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

Longevity13/15 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

£438k

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£418k

Working capital

Current Assets

£4.2M

Current Liabilities

£3.9M

Fixed Assets

£27k

Debtors

£2.6M

69avg. employees+14

Balance Sheet

Assets less current liabilities£444k

EstimatesDerived

YearCurrent RatioImplied Profit
20251.09-£277k
20242.83+£413k
20231.49+£32k
20220.78-£193k
20211.57+£36k
20201.92+£105k
20191.53

Derived from filed accounts. Not audited figures.