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Drive Corporate Limited

12691879

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

4 MANOR HOUSE OF SUTTONS, STAPLEFORD TAWNEY, RM4 1BF
Incorporated 23/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
77110
Renting and leasing of cars and light motor vehicles
79120
Tour operator activities

Officers

Mr Jason Robert Phillip Pelosi

director · Since 23/06/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 3 other boards

Persons with Significant Control

Mr Jason Robert Phillip Pelosi

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

British · England · Age 42

4 The Manor House Of Suttons, 175 London Road, Romford, RM4 1BF

Notified 23/06/2020

CompanyRankvs 22913+ SIC 45112 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 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.

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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

-£86k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£50k

Working capital

Current Assets

£424k

Current Liabilities

£475k

Fixed Assets

£28k

Debtors

£422k

0avg. employees

Tax at Year End(2023)

Corp tax£3k

Balance Sheet

Assets less current liabilities-£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89-£31k
20230.90
20221.14
20211.14

Derived from filed accounts. Not audited figures.