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Drive Taxi App Ltd

10316699

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

216 WYLDS LANE, WORCESTER, WR5 1DX
Incorporated 08/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation
49390
Other passenger land transport

Officers

Mr Ausman Shaukat

director · Since 08/08/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Persons with Significant Control

Mr Ausman Shaukat

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

British · United Kingdom · Age 41

Unit 12e, Shrub Hill Industrial Estate, Worcester, WR4 9EL

Notified 08/08/2016

CompanyRankvs 264+ SIC 49320 peers
82

Financial strength94th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.19× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 pts

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

Longevity10/15 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 31/08/2025

Net Worth

£117k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£104k

Current Liabilities

£33k

Fixed Assets

£91k

4avg. employees

Balance Sheet

Assets less current liabilities£162k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.19-£92k
20243.95-£22k
20232.74

Derived from filed accounts. Not audited figures.