drive motion limited

drive motion limited Company Information

Share DRIVE MOTION LIMITED
Live 
EstablishedMicroRapid

Company Number

07970805

Industry

Other personal service activities n.e.c.

 

Shareholders

andrew christopher

Group Structure

View All

Contact

Registered Address

woodgate house 2-8 games road, cockfosters, herts, EN4 9HN

drive motion limited Estimated Valuation

£132.2k

Pomanda estimates the enterprise value of DRIVE MOTION LIMITED at £132.2k based on a Turnover of £259.5k and 0.51x industry multiple (adjusted for size and gross margin).

drive motion limited Estimated Valuation

£302.7k

Pomanda estimates the enterprise value of DRIVE MOTION LIMITED at £302.7k based on an EBITDA of £99.6k and a 3.04x industry multiple (adjusted for size and gross margin).

drive motion limited Estimated Valuation

£200.4k

Pomanda estimates the enterprise value of DRIVE MOTION LIMITED at £200.4k based on Net Assets of £101.7k and 1.97x industry multiple (adjusted for liquidity).

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Drive Motion Limited Overview

Drive Motion Limited is a live company located in herts, EN4 9HN with a Companies House number of 07970805. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 2012, it's largest shareholder is andrew christopher with a 100% stake. Drive Motion Limited is a established, micro sized company, Pomanda has estimated its turnover at £259.5k with rapid growth in recent years.

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Drive Motion Limited Health Check

Pomanda's financial health check has awarded Drive Motion Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £259.5k, make it smaller than the average company (£854.8k)

£259.5k - Drive Motion Limited

£854.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (8.8%)

31% - Drive Motion Limited

8.8% - Industry AVG

production

Production

with a gross margin of 19.4%, this company has a higher cost of product (40%)

19.4% - Drive Motion Limited

40% - Industry AVG

profitability

Profitability

an operating margin of 38.4% make it more profitable than the average company (6.1%)

38.4% - Drive Motion Limited

6.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Drive Motion Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.2k, the company has an equivalent pay structure (£30.2k)

£30.2k - Drive Motion Limited

£30.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £259.5k, this is more efficient (£86.2k)

£259.5k - Drive Motion Limited

£86.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 149 days, this is later than average (29 days)

149 days - Drive Motion Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (39 days)

3 days - Drive Motion Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Drive Motion Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Drive Motion Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 4.2%, this is a lower level of debt than the average (41.6%)

4.2% - Drive Motion Limited

41.6% - Industry AVG

DRIVE MOTION LIMITED financials

EXPORTms excel logo

Drive Motion Limited's latest turnover from February 2024 is estimated at £259.5 thousand and the company has net assets of £101.7 thousand. According to their latest financial statements, Drive Motion Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Turnover259,544313,271190,932114,593140,342286,759247,626311,89778,952249,343256,63013,116
Other Income Or Grants000000000000
Cost Of Sales209,158250,090155,09893,931112,141231,799197,223246,52261,847196,093202,67410,181
Gross Profit50,38663,18135,83320,66228,20154,95950,40365,37517,10453,25053,9552,935
Admin Expenses-49,21860,53948,83031,66054,75623,71124,71270,46430,96446,25549,220-48,174
Operating Profit99,6042,642-12,997-10,998-26,55531,24825,691-5,089-13,8606,9954,73551,109
Interest Payable000000000000
Interest Receivable0000000461143290
Pre-Tax Profit99,6042,642-12,997-10,998-26,55531,24825,691-5,043-13,7467,0274,74451,109
Tax-24,901-502000-5,937-4,88100-1,476-1,091-12,266
Profit After Tax74,7032,140-12,997-10,998-26,55525,31120,810-5,043-13,7465,5513,65338,843
Dividends Paid000000000000
Retained Profit74,7032,140-12,997-10,998-26,55525,31120,810-5,043-13,7465,5513,65338,843
Employee Costs30,192116,434227,65953,97153,30452,40350,08850,77827,02053,37151,66326,120
Number Of Employees148222221221
EBITDA*99,6042,642-12,997-10,998-26,55531,24825,691-5,089-13,8606,9954,73551,109

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Tangible Assets000000000000
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets000000000000
Stock & work in progress000000000000
Trade Debtors106,104101,70136,25041,05851,26482,87567,42577,19416,10862,22062,303201
Group Debtors000000000000
Misc Debtors0000000000049,653
Cash0000000036,5899,1393,4750
misc current assets000000000000
total current assets106,104101,70136,25041,05851,26482,87567,42577,19452,69771,35965,77849,854
total assets106,104101,70136,25041,05851,26482,87567,42577,19452,69771,35965,77849,854
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 2,23272,53211,4213,2322,4407,49617,35747,93618,29623,21223,18210,911
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000000000000
total current liabilities2,23272,53211,4213,2322,4407,49617,35747,93618,29623,21223,18210,911
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income2,2002,2000000000000
other liabilities000000000000
provisions000000000000
total long term liabilities2,2002,2000000000000
total liabilities4,43274,73211,4213,2322,4407,49617,35747,93618,29623,21223,18210,911
net assets101,67226,96924,82937,82648,82475,37950,06829,25834,40148,14742,59638,943
total shareholders funds101,67226,96924,82937,82648,82475,37950,06829,25834,40148,14742,59638,943
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013
Operating Activities
Operating Profit99,6042,642-12,997-10,998-26,55531,24825,691-5,089-13,8606,9954,73551,109
Depreciation000000000000
Amortisation000000000000
Tax-24,901-502000-5,937-4,88100-1,476-1,091-12,266
Stock000000000000
Debtors4,40365,451-4,808-10,206-31,61115,450-9,76961,086-46,112-8312,44949,854
Creditors-70,30061,1118,189792-5,056-9,861-30,57929,640-4,9163012,27110,911
Accruals and Deferred Income02,2000000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations0000000-36,53527,3365,6323,466-100
Investing Activities
capital expenditure000000000000
Change in Investments000000000000
cash flow from investments000000000000
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000000000000
share issue0000000-100000100
interest0000000461143290
cash flow from financing0000000-54114329100
cash and cash equivalents
cash0000000-36,58927,4505,6643,4750
overdraft000000000000
change in cash0000000-36,58927,4505,6643,4750

drive motion limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Drive Motion Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for drive motion limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in EN4 area or any other competitors across 12 key performance metrics.

drive motion limited Ownership

DRIVE MOTION LIMITED group structure

Drive Motion Limited has no subsidiary companies.

Ultimate parent company

DRIVE MOTION LIMITED

07970805

DRIVE MOTION LIMITED Shareholders

andrew christopher 100%

drive motion limited directors

Drive Motion Limited currently has 1 director, Mr Andrew Christopher serving since Dec 2017.

officercountryagestartendrole
Mr Andrew ChristopherEngland53 years Dec 2017- Director

P&L

February 2024

turnover

259.5k

-17%

operating profit

99.6k

0%

gross margin

19.5%

-3.74%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

101.7k

+2.77%

total assets

106.1k

+0.04%

cash

0

0%

net assets

Total assets minus all liabilities

drive motion limited company details

company number

07970805

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

February 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

woodgate house 2-8 games road, cockfosters, herts, EN4 9HN

Bank

-

Legal Advisor

-

drive motion 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 did not find charges/mortgages relating to drive motion limited.

drive motion 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.

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drive motion limited Companies House Filings - See Documents

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