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Driveline Engineering Supplies Limited

14556610

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD HALL BIRKBY, GRANGE-OVER-SANDS, LA11 7NP
Incorporated 23/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Martin Payne

director · Since 23/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Martin Payne

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

British · United Kingdom · Age 42

128, City Road, London, EC1V 2NX

Notified 23/12/2022

Charges1 outstanding

Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 20/02/2023Registered 21/02/2023

CompanyRankvs 15145+ SIC 71129 peers
41

Financial strength62th percentile among SIC peers · 16/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees10/15 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.

Longevity4/15 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 31/12/2025

Net Worth

£14k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£144

Working capital

Current Assets

£247k

Current Liabilities

£247k

Fixed Assets

£45k

Debtors

£224k

2avg. employees

Tax at Year End

Corp tax£10k
VAT£34k

Director Loans

Company owes directors£84

Balance Sheet

Assets less current liabilities£44k
Signed by Mr Martin Payne 02/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.00-£2k£675k
20241.00-£45k£699k
20231.17£529k

Derived from filed accounts. Not audited figures.