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Drive Iq Ltd

10357639

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

71-75 SHELTON STREET, COVENT GARDEN, WC2H 9JQ
Incorporated 02/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Nicholas George Allan Rowley

director · Since 02/09/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Mrs Sarah Jane Rowley

director · Since 20/02/2020

CHIEF OPERATING OFFICER

BRITISH · UNITED KINGDOM · Age 52

Mr Richard Hill

director · Since 19/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr Nicholas George Allan Rowley

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

British · England · Age 63

71-75 Shelton Street, Covent Garden, WC2H 9JQ

Notified 29/11/2019

Former PSCs

A2om International Ltd

Ceased 29/11/2019

CompanyRankvs 27130+ SIC 85590 peers
39

Financial strength5th percentile among SIC peers · 1/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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34
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.

Employees7/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

-£34k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£100k

Current Liabilities

£139k

Fixed Assets

£16k

Debtors

£93k

1avg. employees

Balance Sheet

Intangible assets£15k
Assets less current liabilities-£23k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72-£35k
20230.97—

Derived from filed accounts. Not audited figures.