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Driway International Technologies Limited

12111164

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)
  • Going concern doubt noted in accounts (-10)

Details

69 CHURCH WAY, NORTH SHIELDS, NE29 0AE
Incorporated 18/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods

Officers

Mr Joel Martin Kesler

director · Since 18/07/2019

EXECUTIVE AND INVESTOR

SOUTH AFRICAN · SOUTH AFRICA · Age 54

Also on 2 other boards

Persons with Significant Control

Former PSCs

Mr Roy Andrew Judelson

Ceased 22/02/2021

Mary Judelson

Ceased 22/02/2021

Charges0 outstanding

Charge
satisfied

TOMAHAWK VENTURES LIMITED

Created 01/10/2019Registered 21/10/2019Satisfied 12/08/2020

CompanyRankvs 7706+ SIC 46190 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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7706Driway International Technologies Limited
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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.

Employees14/15 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.

Longevity7/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. Functional and Presentational Currency: The company's functional and presentational currency is GBP. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. T

Key FinancialsYear ending 31/12/2023

Net Worth

-£3.8M

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£20k

Current Liabilities

£34k

Debtors

£16k

3avg. employees-1

Balance Sheet

Assets less current liabilities-£14k
Signed by J Kesler 18/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.60-£290k
20220.48-£99k
20210.86—

Derived from filed accounts. Not audited figures.