driveright limited Company Information
Company Number
04647255
Next Accounts
Sep 2025
Shareholders
infopro digital (holdco) ltd
Group Structure
View All
Industry
Other publishing activities
Registered Address
c/o azets, ty derw, lime tree court, cardiff, CF23 8AB
Website
driverightdata.comdriveright limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVERIGHT LIMITED at £1.2m based on a Turnover of £2.1m and 0.58x industry multiple (adjusted for size and gross margin).
driveright limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVERIGHT LIMITED at £0 based on an EBITDA of £-586.1k and a 3.18x industry multiple (adjusted for size and gross margin).
driveright limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVERIGHT LIMITED at £0 based on Net Assets of £-599.4k and 1.76x industry multiple (adjusted for liquidity).
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Driveright Limited Overview
Driveright Limited is a live company located in cardiff, CF23 8AB with a Companies House number of 04647255. It operates in the other publishing activities sector, SIC Code 58190. Founded in January 2003, it's largest shareholder is infopro digital (holdco) ltd with a 100% stake. Driveright Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Driveright Limited Health Check
Pomanda's financial health check has awarded Driveright Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs


2 Strong

2 Regular

6 Weak

Size
annual sales of £2.1m, make it smaller than the average company (£3.7m)
- Driveright Limited
£3.7m - Industry AVG

Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (5.7%)
- Driveright Limited
5.7% - Industry AVG

Production
with a gross margin of 54.2%, this company has a comparable cost of product (54.2%)
- Driveright Limited
54.2% - Industry AVG

Profitability
an operating margin of -53.5% make it less profitable than the average company (6.8%)
- Driveright Limited
6.8% - Industry AVG

Employees
with 19 employees, this is below the industry average (38)
19 - Driveright Limited
38 - Industry AVG

Pay Structure
on an average salary of £57.9k, the company has an equivalent pay structure (£57.9k)
- Driveright Limited
£57.9k - Industry AVG

Efficiency
resulting in sales per employee of £109.9k, this is less efficient (£135.3k)
- Driveright Limited
£135.3k - Industry AVG

Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Driveright Limited
- - Industry AVG

Creditor Days
its suppliers are paid after 108 days, this is slower than average (43 days)
- Driveright Limited
43 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Driveright Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)
0 weeks - Driveright Limited
21 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 126.7%, this is a higher level of debt than the average (65%)
126.7% - Driveright Limited
65% - Industry AVG
DRIVERIGHT LIMITED financials

Driveright Limited's latest turnover from December 2023 is estimated at £2.1 million and the company has net assets of -£599.4 thousand. According to their latest financial statements, Driveright Limited has 19 employees and maintains cash reserves of £90 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 19 | 16 | 13 | 10 | 3 | 1 | 1 | 2 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 8,835 | 11,296 | 10,149 | 6,445 | 4,139 | 2,978 | 5,680 | 7,639 | |||||||
Intangible Assets | 1,270,393 | 1,375,798 | 983,098 | 760,191 | 206,754 | ||||||||||
Investments & Other | 406,894 | 406,894 | 406,894 | 406,894 | 406,894 | 406,894 | 406,894 | 406,894 | 399,430 | 142,684 | |||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,686,122 | 1,793,988 | 1,400,141 | 1,173,530 | 617,787 | 409,872 | 412,574 | 414,533 | 399,430 | 142,684 | |||||
Stock & work in progress | |||||||||||||||
Trade Debtors | 74,896 | 2,130 | 20,159 | ||||||||||||
Group Debtors | 8,048 | 433,575 | 1,107,729 | 1,184,766 | 1,358,678 | 1,550,525 | 1,202,202 | 646,843 | |||||||
Misc Debtors | 548,654 | 508,683 | 359,323 | 201,264 | 97,884 | 32,031 | 17,026 | 8,263 | |||||||
Cash | 90 | 26,689 | 7,502 | 62,070 | 449 | 162 | 10,935 | 34,558 | 5 | ||||||
misc current assets | |||||||||||||||
total current assets | 556,792 | 1,043,843 | 1,474,554 | 1,448,100 | 1,457,011 | 1,582,718 | 1,230,163 | 689,664 | 2,135 | 20,159 | |||||
total assets | 2,242,914 | 2,837,831 | 2,874,695 | 2,621,630 | 2,074,798 | 1,992,590 | 1,642,737 | 1,104,197 | 401,565 | 162,843 | |||||
Bank overdraft | 251,451 | 247,379 | 221,042 | 58,523 | 63,807 | 124,088 | 131,752 | 36,919 | |||||||
Bank loan | |||||||||||||||
Trade Creditors | 285,612 | 67,602 | 44,510 | 46,905 | 55,397 | 60,147 | 64,062 | 26,577 | 370,123 | 65,934 | |||||
Group/Directors Accounts | 1,657,268 | 1,155,066 | 1,181,402 | 1,260,115 | 781,069 | 760,802 | 441,214 | 456,238 | |||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 538,601 | 531,793 | 577,728 | 143,242 | 35,691 | 54,952 | 62,206 | 19,710 | |||||||
total current liabilities | 2,732,932 | 2,001,840 | 2,024,682 | 1,508,785 | 935,964 | 999,989 | 699,234 | 539,444 | 370,123 | 65,934 | |||||
loans | 198,530 | 677,169 | 692,509 | 623,608 | 574,720 | 352,785 | |||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 30,939 | 96,864 | |||||||||||||
provisions | 109,360 | 290,518 | 146,059 | 89,513 | |||||||||||
total long term liabilities | 109,360 | 290,518 | 344,589 | 766,682 | 692,509 | 623,608 | 574,720 | 352,785 | 30,939 | 96,864 | |||||
total liabilities | 2,842,292 | 2,292,358 | 2,369,271 | 2,275,467 | 1,628,473 | 1,623,597 | 1,273,954 | 892,229 | 401,062 | 162,798 | |||||
net assets | -599,378 | 545,473 | 505,424 | 346,163 | 446,325 | 368,993 | 368,783 | 211,968 | 503 | 45 | |||||
total shareholders funds | -599,378 | 545,473 | 505,424 | 346,163 | 446,325 | 368,993 | 368,783 | 211,968 | 503 | 45 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 4,547 | 4,207 | 2,936 | 1,760 | 3,407 | 2,702 | 2,615 | 2,547 | |||||||
Amortisation | 526,800 | 115,945 | 85,140 | 63,701 | 20,002 | ||||||||||
Tax | |||||||||||||||
Stock | |||||||||||||||
Debtors | -460,452 | -449,898 | 81,022 | -70,532 | -125,994 | 363,328 | 564,122 | 652,976 | -18,029 | 20,159 | |||||
Creditors | 218,010 | 23,092 | -2,395 | -8,492 | -4,750 | -3,915 | 37,485 | -343,546 | 304,189 | 65,934 | |||||
Accruals and Deferred Income | 6,808 | -45,935 | 434,486 | 107,551 | -19,261 | -7,254 | 42,496 | 19,710 | |||||||
Deferred Taxes & Provisions | -181,158 | 144,459 | 56,546 | 89,513 | |||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 7,464 | 256,746 | 142,684 | ||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 502,202 | -26,336 | -78,713 | 479,046 | 20,267 | 319,588 | -15,024 | 456,238 | |||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -198,530 | -478,639 | -15,340 | 68,901 | 48,888 | 221,935 | 352,785 | ||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -30,939 | -65,925 | 96,864 | ||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -26,599 | 19,187 | -54,568 | 61,621 | 287 | -10,773 | -23,623 | 34,553 | 5 | ||||||
overdraft | 4,072 | 26,337 | 162,519 | -5,284 | -60,281 | -7,664 | 94,833 | 36,919 | |||||||
change in cash | -30,671 | -7,150 | -217,087 | 66,905 | 60,568 | -3,109 | -118,456 | -2,366 | 5 |
driveright limited Credit Report and Business Information
Driveright Limited Competitor Analysis

Perform a competitor analysis for driveright limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in CF23 area or any other competitors across 12 key performance metrics.
driveright limited Ownership
DRIVERIGHT LIMITED group structure
Driveright Limited has 2 subsidiary companies.
Ultimate parent company
INFOPRO DIGITAL GROUP BV
#0051855
2 parents
DRIVERIGHT LIMITED
04647255
2 subsidiaries
driveright limited directors
Driveright Limited currently has 4 directors. The longest serving directors include Mr Richard Bailey (Jan 2006) and Mr Edwin Dolan (Feb 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Richard Bailey | Wales | 52 years | Jan 2006 | - | Director |
Mr Edwin Dolan | United Kingdom | 43 years | Feb 2024 | - | Director |
Mr Richard Barker | United Kingdom | 43 years | Feb 2024 | - | Director |
Mr Christophe Czajka | United Kingdom | 60 years | Feb 2024 | - | Director |
P&L
December 2023turnover
2.1m
+107%
operating profit
-1.1m
0%
gross margin
54.2%
-3.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-599.4k
-2.1%
total assets
2.2m
-0.21%
cash
90
-1%
net assets
Total assets minus all liabilities
driveright limited company details
company number
04647255
Type
Private limited with Share Capital
industry
58190 - Other publishing activities
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
c/o azets, ty derw, lime tree court, cardiff, CF23 8AB
Bank
-
Legal Advisor
-
driveright limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to driveright limited. Currently there are 0 open charges and 2 have been satisfied in the past.
driveright limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for DRIVERIGHT LIMITED. This can take several minutes, an email will notify you when this has completed.
driveright limited Companies House Filings - See Documents
date | description | view/download |
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