Ondrives Limited
Registered name: ONDRIVES LIMITED
Part of Ondrives Group Limited groupOndrives Limited made £5.3m revenue and a £327k loss in the year to 31 Mar 2025. read from filing text
Ondrives Limited’s revenue grew 2% to £5.3m in the year to 31 Mar 2025, with a loss of £327k and 50 employees. The company is classified under “machining” and is based in Chesterfield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chesterfield, Yorkshire and The Humber
- Age
- 31 yrs · since 1995
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The parent company is Ondrives Group Limited a company registered in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £5.2m | £6.1m | £5.2m | £5.3m |
| Cost of sales | £2.5m | £2.5m | £2.6m | £2.7m |
| Gross profit | £2.8m | £3.6m | £2.6m | £2.6m |
| Operating profit | £345k | £601k | −£324k | −£481k |
| Profit before tax | £346k | £605k | −£319k | −£426k |
| Profit after tax | £195k | £496k | −£250k | −£327k |
| Profit (best available) | £195k | £496k | −£250k | −£327k |
| Staff costs | £2.2m | £2.4m | £2.5m | £2.7m |
| Employees (average) | 51 | 50 | 49 | 50 |
| Ratios | ||||
| Profit margin | 3.7% | 8.2% | −4.8% | −6.2% |
| Gross margin | 52.9% | 58.4% | 49.2% | 48.8% |
| Revenue per employee | £102k | £122k | £106k | £106k |
| Profit per employee | £3.8k | £9.9k | −£5.1k | −£6.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲16.7% | ▼14.7% | ▲2.2% |
| Profit growth | — | ▲154% | ▼150.4% | — |
| Headcount growth | — | ▼2% | ▼2% | ▲2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £840k | £1.1m | £447 | £102k |
| Net assets | £5.1m | £5.4m | £5m | £4.4m |
| Fixed assets | £3.7m | £4.1m | £4.4m | £3.8m |
| Current assets | £2.7m | £2.8m | £2.1m | £1.9m |
| Debtors | £878k | £837k | £1m | £715k |
| Deferred income | £47.6k | £78.5k | £54.9k | £50k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −6.2%
- Profit ÷ revenue.
- Gross margin
- 48.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £106k
- Revenue ÷ average employees.
- Profit per employee
- −£6.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 71.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼11%
- Now £4.4m
- Cash at bank
- ▲22680%
- Now £102k
- Headcount
- ▲2%
- Now 50
- Deferred income
- ▼9%
- Now £50k
- Fixed assets
- ▼14%
- Now £3.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ondrives Group Limitedultimate parent75–100%
- Ondrives Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- HPC Drives LimitedFigures not disclosed
- Ontek LimitedFigures not disclosed
- Rino Industries LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£327k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.