How much does Drive System Design Limited make?

Drive System Design Limited reported revenue of £14.4m and a loss of £423k in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Drive System Design Limited have?

Drive System Design Limited reported an average of 117 employees in the year to 31 Mar 2026.

Is Drive System Design Limited profitable?

No — Drive System Design Limited reported a loss of £423k in the year to 31 Mar 2026.

Company No. 06304697 · Incorporated 6 Jul 2007

Drive System Design Limited

Registered name: DRIVE SYSTEM DESIGN LIMITED

Part of Hinduja Automotive Limited group

Drive System Design Limited made £14.4m revenue and a £423k loss in the year to 31 Mar 2026.

Drive System Design Limited’s revenue fell 5% to £14.4m in the year to 31 Mar 2026, with a loss of £423k and 117 employees. The company is classified under “other research and experimental development on natural sciences and engineering” and is based in Leamington Spa; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 72190Other research and experimental development on natural sciences and engineering

Status: Active
Location: Leamington Spa, West Midlands
Age: 19 yrs · since 2007
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.

Latest accounts · year to 31 Mar 2026

Key figures

Revenue

£14.4m

Growth ▼4.7%

Profit

−£423k

Growth ▼123.6%

Profit margin

−2.9%

Gross 84.4%

Employees

117

Change ▲8.3%

Profit / employee

−£3.6k

Revenue/employee £123k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	29 Nov 2022	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.6m	£17.1m	£15.1m	£14.4m
Cost of sales	£2.2m	£2.6m	£1.5m	£2.2m
Gross profit	£7.4m	£14.5m	£13.6m	£12.1m
Operating profit	£1.6m	£3.4m	£2.7m	£802k
Profit before tax	£1.7m	£10.5m	£2.7m	−£74.3k
Profit after tax	£1.6m	£9.9m	£1.8m	−£423k
Profit (best available)	£1.6m	£9.9m	£1.8m	−£423k
Staff costs	£4.7m	£9.2m	£8.2m	£9.1m
Employees (average)	71	87	108	117
Ratios
Profit margin	16.8%	57.9%	11.9%	−2.9%
Gross margin	77.3%	84.8%	90.1%	84.4%
Revenue per employee	£135k	£196k	£140k	£123k
Profit per employee	£22.7k	£114k	£16.6k	−£3.6k
Growth (year on year)
Revenue growth	—	—	—	▼4.7%
Profit growth	—	—	—	▼123.6%
Headcount growth	—	—	—	▲8.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.3m	£1.9m	£1.3m	£1.7m
Net assets	£10.9m	£14.9m	£9.9m	£9.5m
Fixed assets	£3.1m	£5.1m	£6.4m	£4.4m
Current assets	£10.6m	£13.6m	£7.4m	£9.5m
Debtors	£1.9m	£1.9m	£2.6m	£1.5m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −2.9%; Profit ÷ revenue.
Gross margin: 84.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £123k; Revenue ÷ average employees.
Profit per employee: −£3.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 30.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼4%; Now £9.5m
Cash at bank: ▲33%; Now £1.7m
Headcount: ▲8%; Now 117
Deferred income: —; Now —
Fixed assets: ▼31%; Now £4.4m

Corporate ownership

Group structure

Ownership chain

Hinduja Automotive Limitedultimate parent75–100%
Hinduja Tech UK Limited75–100%
Drive System Design Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£423k), from the Companies House accounts bulk data published Aug 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.