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Drive Me Automotive Ltd

15321164

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

THE ROYALS, MANCHESTER, M22 4BJ
Incorporated 01/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Callum Patrick Walsh

director · Since 01/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 6 other boards

Persons with Significant Control

Mr Callum Patrick Walsh

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

British · England · Age 35

The Royals, 353 Altrincham Road, Manchester, M22 4BJ

Notified 01/12/2023

Charges0 outstanding

Charge
satisfied

CHARLES STREET COMMERCIAL INVESTMENTS LIMITED

Created 29/10/2024Registered 07/11/2024Satisfied 20/11/2025

CompanyRankvs 7097+ SIC 45112 peers
62

Financial strength73th percentile among SIC peers · 18/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 5.33× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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7097Drive Me Automotive Ltd
61
How is this score calculated?
Financial strength18/25 pts

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

Employees6/15 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 31/12/2024

Net Worth

£28k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£192k

Working capital

Current Assets

£236k

Current Liabilities

£44k

Debtors

£214k

1avg. employees

Balance Sheet

Assets less current liabilities£192k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent Ratio
20245.33

Derived from filed accounts. Not audited figures.