Driving Wheel Records Ltd
Registered name: DRIVING WHEEL RECORDS LTD
Driving Wheel Records Ltd made £2.4k revenue and £138 profit in the year to 31 Jul 2025.
Driving Wheel Records Ltd’s revenue grew 43% to £2.4k in the year to 31 Jul 2025, with £138 profit and 0 employees. The company is classified under “sound recording and music publishing activities” and is based in West Midlands; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- West Midlands, West Midlands
- Age
- 28 yrs · since 1998
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £1.6k | £2.4k |
| Profit after tax | — | — | −£41 | £138 |
| Profit (best available) | — | — | −£41 | £138 |
| Staff costs | — | — | £0 | £0 |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | — | −2.5% | 5.9% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲43.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £661 | £635 | £594 | £732 |
| Fixed assets | £17 | £13 | £10 | £7 |
| Current assets | £6.3k | £7.9k | £7.3k | £7.6k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲23%
- Now £732
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼30%
- Now £7
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £138), from the Companies House accounts bulk data published Mar 2026. 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.