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Ready 2 Drive Ltd

10685667

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

37 STRONNELL CLOSE, LUTON, LU2 9AS
Incorporated 22/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Rev Benjamin Ben Mahendran

director · Since 22/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Rev Benjamin Ben Mahendran

75–100% shares

British · England · Age 45

37, Stronnell Close, Luton, LU2 9AS

Notified 22/03/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 10/07/2023Registered 11/07/2023

CompanyRankvs 78356+ SIC 82990 peers
42

Financial strength62th percentile among SIC peers · 16/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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78356Ready 2 Drive Ltd
52
How is this score calculated?
Financial strength16/25 pts

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

Employees10/15 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.

Longevity9/15 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

Outstanding charges: -10 pts

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

£8k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£5k

Current Liabilities

£13k

Fixed Assets

£77k

Debtors

£3k

2avg. employees

Balance Sheet

Assets less current liabilities£69k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38+£0
20250.38-£8k
20242.35+£12k
20237.82+£1k
20225.23+£215
20216.15-£243
20200.01-£768
20190.11—

Derived from filed accounts. Not audited figures.