Back to search

Energydrive Systems Ltd

09520314

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1 BOW CHURCHYARD, LONDON, EC4M 9DQ
Incorporated 31/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

James Hynd

director · Since 15/05/2019

COMPANY DIRECTOR

BRITISH · SOUTH AFRICA · Age 53

Also on 1 other board

Stelios Vassileou

director · Since 24/10/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Apogee Sustainability Limited

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

1, Bow Churchyard, London, EC4M 9DQ

Reg: 14455812 · Companies House · Limited By Shares

Notified 25/06/2024

CompanyRankvs 444370+ SIC 74909 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 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.

Longevity11/15 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 29/02/2024

Net Worth

-£1.0M

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

-£639k

Working capital

Current Assets

£497k

Current Liabilities

£1.1M

Fixed Assets

£1.8M

Debtors

£353k

3avg. employees+1

Balance Sheet

Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44-£258k
20230.36-£161k
20220.17-£251k
20210.67-£227k
20201.24-£105k
20190.79

Derived from filed accounts. Not audited figures.