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Drive44 Ltd

14695408

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

CERRIG COTTAGE STONEY ROAD, PONTYPOOL, NP4 8QE
Incorporated 28/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29310
Manufacture of electrical and electronic equipment for motor vehicles
71122
Engineering related scientific and technical consulting activities

Officers

Mr Anthony John Williams

director · Since 28/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Mrs Christine Margaret Williams

director · Since 28/02/2023

DIRECTOR

BRITISH · WALES · Age 66

Persons with Significant Control

Mr Anthony John Williams

75–100% votes
Appoint directors

British · United Kingdom · Age 67

Cerrig Cottage, Stoney Road, Pontypool, NP4 8QE

Notified 28/02/2023

Former PSCs

Mrs Christine Margaret Williams

Ceased 30/11/2023

CompanyRankvs 121+ SIC 29310 peers
62

Financial strength78th percentile among SIC peers · 20/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 7.54× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 pts

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

Liquidity20/20 pts

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

Longevity3/15 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 28/02/2025

Net Worth

£57k

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£66k

Current Liabilities

£9k

Debtors

£4k

0avg. employees
Prepared with v2025.79.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20257.54+£35k
20243.34

Derived from filed accounts. Not audited figures.