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Drive Life Well Limited

11154913

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 2, POTTERS BAR, EN6 1TL
Incorporated 17/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Stephen Victor Songaila

director · Since 17/01/2018

MANAGER

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Philip George Helsey

director · Since 28/03/2019

MANAGER

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Persons with Significant Control

Mr Stephen Victor Songaila

75–100% shares

British · England · Age 65

Unit 2, 32-34 Station Close, Potters Bar, EN6 1TL

Notified 21/02/2019

Former PSCs

Miss Maxine Songaila

Ceased 21/02/2019

CompanyRankvs 52317+ SIC 82990 peers
62

Financial strength32th percentile among SIC peers · 8/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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52317Drive Life Well Limited
61
How is this score calculated?
Financial strength8/25 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.

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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£29

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£58k

Current Liabilities

£22k

Debtors

£9k

2avg. employees+2

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£36k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.60—
20242.78-£2k
20233.25—

Derived from filed accounts. Not audited figures.