Back to search

Drvn Advanced Engineering Limited

13418386

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

13-13A WESTWOOD WAY, COVENTRY, CV4 8HS
Incorporated 25/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Darren George Mcdermott

director · Since 09/06/2021

DIRECTOR

BRITISH · SCOTLAND · Age 53

Also on 3 other boards

Mr Jason Daniel Mcdermott

director · Since 09/06/2021

DIRECTOR

BRITISH · SCOTLAND · Age 51

Also on 12 other boards

Mr William Michael Mcdermott Jnr

director · Since 09/06/2021

DIRECTOR

BRITISH · SCOTLAND · Age 48

Also on 10 other boards

Mr Iain Campbell Muir

director · Since 09/06/2021

DIRECTOR

BRITISH · SCOTLAND · Age 47

Also on 24 other boards

Mr Jevon Thurston-Thorpe

director · Since 09/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 3 other boards

Persons with Significant Control

Drvn West Midlands Ltd

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

13-13a, Westwood Way, Coventry, CV4 8HS

Reg: 13452103 · England And Wales Company Register · Limited Company

Notified 08/07/2024

Former PSCs

Mr Alan Sime

Ceased 21/06/2021

Mr Darren George Mcdermott

Ceased 08/07/2024

CompanyRankvs 1214+ SIC 71121 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.55× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Kemet International Limited
90
2Anders Electronics Plc
90
3Baumer Limited
90
4Sinclair Stainless Fabrications Limited
90
5R.B. Plant Construction Limited
90
6Bernhard & Co. Limited
90
7Thermac (Hire) Limited
90
8Torkington Engineers Limited
90
9Longvale Limited
90
10Contract Design (Northern) Limited
90
1214Drvn Advanced Engineering Limited
72
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

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

Longevity5/15 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 31/07/2024

Net Worth

£5.0M

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£10.0M

Current Liabilities

£6.5M

Fixed Assets

£1.9M

Debtors

£9.6M

38avg. employees+6

Balance Sheet

Assets less current liabilities£5.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20241.55
20233.35
20220.93
20220.91

Derived from filed accounts. Not audited figures.