driverly company limited
driverly company limited Company Information
Company Number
13377155
Next Accounts
Feb 2025
Shareholders
armin kia
nestor alonso cacheiro
View AllGroup Structure
View All
Industry
Non-life insurance
Registered Address
10 churchill way, cardiff, CF10 2HE
Website
-driverly company limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVERLY COMPANY LIMITED at £24.8k based on a Turnover of £42.5k and 0.58x industry multiple (adjusted for size and gross margin).
driverly company limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVERLY COMPANY LIMITED at £0 based on an EBITDA of £-333.1k and a 6.95x industry multiple (adjusted for size and gross margin).
driverly company limited Estimated Valuation
Pomanda estimates the enterprise value of DRIVERLY COMPANY LIMITED at £427.5k based on Net Assets of £251.3k and 1.7x industry multiple (adjusted for liquidity).
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Driverly Company Limited Overview
Driverly Company Limited is a live company located in cardiff, CF10 2HE with a Companies House number of 13377155. It operates in the non-life insurance sector, SIC Code 65120. Founded in May 2021, it's largest shareholder is armin kia with a 41.9% stake. Driverly Company Limited is a startup, micro sized company, Pomanda has estimated its turnover at £42.5k with unknown growth in recent years.
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Driverly Company Limited Health Check
Pomanda's financial health check has awarded Driverly Company Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £42.5k, make it smaller than the average company (£2m)
- Driverly Company Limited
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Driverly Company Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Driverly Company Limited
100% - Industry AVG
Profitability
an operating margin of -784.3% make it less profitable than the average company (17.9%)
- Driverly Company Limited
17.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (24)
1 - Driverly Company Limited
24 - Industry AVG
Pay Structure
on an average salary of £60k, the company has an equivalent pay structure (£60k)
- Driverly Company Limited
£60k - Industry AVG
Efficiency
resulting in sales per employee of £42.5k, this is less efficient (£145.1k)
- Driverly Company Limited
£145.1k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (212 days)
- Driverly Company Limited
212 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Driverly Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Driverly Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 324 weeks, this is more cash available to meet short term requirements (20 weeks)
324 weeks - Driverly Company Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.1%, this is a lower level of debt than the average (81.7%)
10.1% - Driverly Company Limited
81.7% - Industry AVG
DRIVERLY COMPANY LIMITED financials
Driverly Company Limited's latest turnover from May 2023 is estimated at £42.5 thousand and the company has net assets of £251.3 thousand. According to their latest financial statements, Driverly Company Limited has 1 employee and maintains cash reserves of £175.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | |
|---|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 51,374 | 14,257 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 51,374 | 14,257 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 2,281 | 75 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 50,362 | 2,581 |
| Cash | 175,465 | 41,258 |
| misc current assets | 0 | 0 |
| total current assets | 228,108 | 43,914 |
| total assets | 279,482 | 58,171 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 15,497 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 12,653 | 3,640 |
| total current liabilities | 28,150 | 3,640 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 28,150 | 3,640 |
| net assets | 251,332 | 54,531 |
| total shareholders funds | 251,332 | 54,531 |
| May 2023 | May 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 49,987 | 2,656 |
| Creditors | 15,497 | 0 |
| Accruals and Deferred Income | 9,013 | 3,640 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 134,207 | 41,258 |
| overdraft | 0 | 0 |
| change in cash | 134,207 | 41,258 |
driverly company limited Credit Report and Business Information
Driverly Company Limited Competitor Analysis
Perform a competitor analysis for driverly company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CF10 area or any other competitors across 12 key performance metrics.
driverly company limited Ownership
DRIVERLY COMPANY LIMITED group structure
Driverly Company Limited has no subsidiary companies.
Ultimate parent company
DRIVERLY COMPANY LIMITED
13377155
driverly company limited directors
Driverly Company Limited currently has 4 directors. The longest serving directors include Mr Nestor Alonso Cacheiro (May 2021) and Mr Armin Kia (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nestor Alonso Cacheiro | Wales | 41 years | May 2021 | - | Director |
| Mr Armin Kia | Wales | 39 years | May 2021 | - | Director |
| Mr Mohammad Alinia | Wales | 39 years | Dec 2021 | - | Director |
| Mr Mark Huggins | England | 60 years | May 2022 | - | Director |
P&L
May 2023turnover
42.5k
+33830%
operating profit
-333.1k
0%
gross margin
100%
+0.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
251.3k
+3.61%
total assets
279.5k
+3.8%
cash
175.5k
+3.25%
net assets
Total assets minus all liabilities
Similar Companies
driverly company limited company details
company number
13377155
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
May 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
10 churchill way, cardiff, CF10 2HE
Bank
-
Legal Advisor
-
driverly company 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 driverly company limited.
driverly company 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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driverly company limited Companies House Filings - See Documents
| date | description | view/download |
|---|
