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Drvn Composites Limited

13449450

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)
  • Negative net worth (-10)

Details

13-13A WESTWOOD WAY, COVENTRY, CV4 8HS
Incorporated 10/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Darren George Mcdermott

director · Since 10/06/2021

DIRECTOR

BRITISH · SCOTLAND · Age 53

Mr Jason Daniel Mcdermott

director · Since 10/06/2021

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 51

Also on 12 other boards

Mr William Michael Mcdermott Jnr

director · Since 10/06/2021

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 48

Also on 10 other boards

Mr Iain Campbell Muir

director · Since 10/06/2021

DIRECTOR

BRITISH · SCOTLAND · Age 47

Also on 24 other boards

Mr Jevon Thurston-Thorpe

director · Since 10/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 3 other boards

Persons with Significant Control

Drvn West Midlands Limited

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 04/08/2025

Former PSCs

Mr Darren George Mcdermott

Ceased 04/08/2025

CompanyRankvs 83570+ SIC 96090 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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83570Drvn Composites Limited
35
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.

Employees13/15 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.

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

-£697k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£734k

Working capital

Current Assets

£950k

Current Liabilities

£1.7M

Fixed Assets

£37k

Debtors

£949k

4avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20240.56
20230.36

Derived from filed accounts. Not audited figures.