drives online limited
drives online limited Company Information
Company Number
09062336
Next Accounts
Feb 2026
Directors
Shareholders
rebecca maria richings
Group Structure
View All
Industry
Wholesale of other machinery and equipment
Registered Address
astral house granville way, bicester, oxon, OX26 4JT
Website
drives-online.comdrives online limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVES ONLINE LIMITED at £85.2k based on a Turnover of £224.7k and 0.38x industry multiple (adjusted for size and gross margin).
drives online limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVES ONLINE LIMITED at £0 based on an EBITDA of £-669 and a 3.86x industry multiple (adjusted for size and gross margin).
drives online limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVES ONLINE LIMITED at £6.2k based on Net Assets of £2.5k and 2.5x industry multiple (adjusted for liquidity).
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Drives Online Limited Overview
Drives Online Limited is a live company located in oxon, OX26 4JT with a Companies House number of 09062336. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in May 2014, it's largest shareholder is rebecca maria richings with a 100% stake. Drives Online Limited is a established, micro sized company, Pomanda has estimated its turnover at £224.7k with healthy growth in recent years.
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Drives Online Limited Health Check
Pomanda's financial health check has awarded Drives Online Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £224.7k, make it smaller than the average company (£16.3m)
- Drives Online Limited
£16.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10.3%)
- Drives Online Limited
10.3% - Industry AVG
Production
with a gross margin of 28.9%, this company has a comparable cost of product (28.9%)
- Drives Online Limited
28.9% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (5%)
- Drives Online Limited
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
1 - Drives Online Limited
41 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Drives Online Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £224.7k, this is less efficient (£370.8k)
- Drives Online Limited
£370.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Drives Online Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (32 days)
- Drives Online Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drives Online Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (15 weeks)
54 weeks - Drives Online Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.4%, this is a higher level of debt than the average (51.1%)
87.4% - Drives Online Limited
51.1% - Industry AVG
DRIVES ONLINE LIMITED financials
Drives Online Limited's latest turnover from May 2024 is estimated at £224.7 thousand and the company has net assets of £2.5 thousand. According to their latest financial statements, Drives Online Limited has 1 employee and maintains cash reserves of £18 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 80 | 160 | 948 | 2,256 | 3,164 | 7,792 | 8,880 | 10,200 | 13,600 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 80 | 160 | 948 | 2,256 | 3,164 | 7,792 | 8,880 | 10,200 | 13,600 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 1,404 | 1,946 | 1,722 | 1,055 | 936 | 5,329 | 3,397 | 14,538 | 4,379 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,656 | 1,864 | 1,952 | 4,211 | 10,630 | 10,477 | 252 | 208 | 167 | 0 |
| Cash | 17,996 | 9,102 | 2,671 | 1,360 | 7,626 | 7,721 | 17,842 | 11,629 | 10,072 | 11,943 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,652 | 12,370 | 6,569 | 7,293 | 19,311 | 19,134 | 23,423 | 15,234 | 24,777 | 16,322 |
| total assets | 19,652 | 12,450 | 6,729 | 8,241 | 21,567 | 22,298 | 31,215 | 24,114 | 34,977 | 29,922 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,833 | 1,657 | 45 | 302 | 1,551 | 755 | 10,969 | 4,750 | 2,052 | 24,527 |
| Group/Directors Accounts | 6,266 | 6,366 | 5,466 | 3,791 | 9,094 | 11,647 | 12,397 | 13,042 | 21,704 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,069 | 1,905 | 750 | 1,310 | 1,302 | 2,788 | 1,868 | 1,083 | 5,252 | 0 |
| total current liabilities | 17,168 | 9,928 | 6,261 | 5,403 | 11,947 | 15,190 | 25,234 | 18,875 | 29,008 | 24,527 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 17,168 | 9,928 | 6,261 | 5,403 | 11,947 | 15,190 | 25,234 | 18,875 | 29,008 | 24,527 |
| net assets | 2,484 | 2,522 | 468 | 2,838 | 9,620 | 7,108 | 5,981 | 5,239 | 5,969 | 5,395 |
| total shareholders funds | 2,484 | 2,522 | 468 | 2,838 | 9,620 | 7,108 | 5,981 | 5,239 | 5,969 | 5,395 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 80 | 80 | 788 | 1,308 | 1,308 | 4,628 | 4,628 | 3,920 | 3,400 | 3,400 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,612 | -630 | -2,035 | -5,752 | 272 | 5,832 | 1,976 | -11,100 | 10,326 | 4,379 |
| Creditors | 4,176 | 1,612 | -257 | -1,249 | 796 | -10,214 | 6,219 | 2,698 | -22,475 | 24,527 |
| Accruals and Deferred Income | 3,164 | 1,155 | -560 | 8 | -1,486 | 920 | 785 | -4,169 | 5,252 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -100 | 900 | 1,675 | -5,303 | -2,553 | -750 | -645 | -8,662 | 21,704 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 8,894 | 6,431 | 1,311 | -6,266 | -95 | -10,121 | 6,213 | 1,557 | -1,871 | 11,943 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,894 | 6,431 | 1,311 | -6,266 | -95 | -10,121 | 6,213 | 1,557 | -1,871 | 11,943 |
drives online limited Credit Report and Business Information
Drives Online Limited Competitor Analysis
Perform a competitor analysis for drives online limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in OX26 area or any other competitors across 12 key performance metrics.
drives online limited Ownership
DRIVES ONLINE LIMITED group structure
Drives Online Limited has no subsidiary companies.
Ultimate parent company
DRIVES ONLINE LIMITED
09062336
drives online limited directors
Drives Online Limited currently has 1 director, Mrs Rebecca Richings serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rebecca Richings | United Kingdom | 51 years | May 2014 | - | Director |
P&L
May 2024turnover
224.7k
+95%
operating profit
-749.3
0%
gross margin
28.9%
+0.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
2.5k
-0.02%
total assets
19.7k
+0.58%
cash
18k
+0.98%
net assets
Total assets minus all liabilities
drives online limited company details
company number
09062336
Type
Private limited with Share Capital
industry
46690 - Wholesale of other machinery and equipment
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
ASTRAL ACCOUNTANCY SERVICES LIMITED
auditor
-
address
astral house granville way, bicester, oxon, OX26 4JT
Bank
-
Legal Advisor
-
drives online 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 drives online limited.
drives online 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 DRIVES ONLINE LIMITED. This can take several minutes, an email will notify you when this has completed.
drives online limited Companies House Filings - See Documents
| date | description | view/download |
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