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Drivesimple Ltd

12367847

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 17/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles
77120
Renting and leasing of trucks

Officers

Mr John Agnew

secretary · Since 17/12/2019

Also on 1 other board

Mr John Agnew

director · Since 17/12/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Mr Raymond Murphy

director · Since 22/05/2022

DIRECTOR

BRITISH · TURKEY · Age 65

Mr Brett Jamie Akker

director · Since 25/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 8 other boards

Mr Qais Alexander Saad Hammad

director · Since 14/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 13 other boards

Persons with Significant Control

Mr John Agnew

25–50% shares
25–50% votes
Appoint directors

British · England · Age 42

128, City Road, London, EC1V 2NX

Notified 17/12/2019

Charges4 outstanding

Charge
outstanding

PRAETURA ASSET FINANCE LIMITED

Created 08/04/2022Registered 29/04/2022
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 17/02/2022Registered 25/02/2022
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 12/02/2021Registered 08/03/2021
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 12/02/2021Registered 08/03/2021

CompanyRankvs 773+ SIC 77110 peers
60

Financial strength94th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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773Drivesimple Ltd
70
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.

Liquidity12/20 pts

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

Longevity6/15 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 31/12/2024

Net Worth

£547k

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£425k

Current Liabilities

£401k

Fixed Assets

£955k

Debtors

£306k

4avg. employees+2

Balance Sheet

Assets less current liabilities£980k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.06+£981k
20230.14—
20220.24—
20210.42-£163k
20201.64—

Derived from filed accounts. Not audited figures.