DRIVE INVESTMENTS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-07 (in 10mo)
Last made up 2026-02-21
Watchouts
None on the register
Cash
£12K
-1.4% vs 2023
Net assets
£75K
+29.6% vs 2023
Employees
3
-25% vs 2023
Profit before tax
£2M
-36.9% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £79,446 | £183,360 | |
| Profit before tax | £3,067,408 | £1,934,550 | |
| Net profit | £3,066,021 | £1,917,211 | |
| Cash | £12,445 | £12,265 | |
| Total assets less current liabilities | £1,753,590 | £1,570,466 | |
| Net assets | £58,149 | £75,360 | |
| Equity | £58,149 | £75,360 | |
| Average employees | 4 | 3 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | 4.5% | 11.7% | |
| Current ratio | 0.02x | 0.02x | |
| Interest cover | 0.15x | 0.21x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- DRIVE INVESTMENTS LIMITED · parent
- Drive Contact Centre LLP 97%
- Drive Motor Properties LLP 100%
- Drive Motor Retail Limited 100%
- Sterling Motor Properties Limited 100%
- Minstergate Limited 100%
Significant events
- “The audit business of UHY Hacker Young Manchester LLP was acquired by Cooper Parry Group Limited on 30th September 2024. UHY Hacker Young Manchester LLP has resigned as auditor and Cooper Parry Group Limited has been appointed in its place.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARRISON, Stuart James | Secretary | 2016-07-26 | — | British |
| BESSEX, Stephen Thomas | Director | 2011-02-21 | Apr 1957 | British |
| MANNING, Richard Paul | Director | 2011-02-21 | Dec 1954 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELVIDGE, Christopher David | Secretary | 2011-02-21 | 2016-07-26 |
| HARRISON, Stuart James | Director | 2021-04-12 | 2026-03-31 |
| KEENAN, Robert Edward | Director | 2021-04-12 | 2023-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Drive Holdings 2015 Limited | Corporate entity | Shares 75–100% | 2016-06-01 | Active |
Filing timeline
Last 20 of 61 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-10-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-21 | AA | accounts | Accounts with accounts type full | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-02 | AA | accounts | Accounts with accounts type full | |
| 2021-04-15 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-1.4%
£12,445 £12,265
-
Net assets
+29.6%
£58,149 £75,360
-
Employees
-25%
4 3
-
Operating profit
+130.8%
£79,446 £183,360
-
Profit before tax
-36.9%
£3,067,408 £1,934,550
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers