Drive Corporate Limited
Registered name: DRIVE CORPORATE LIMITED
Drive Corporate Limited made £36.5k revenue and a £37.1k loss in the year to 30 Jun 2025. read from filing text
Drive Corporate Limited’s revenue fell 71% to £36.5k in the year to 30 Jun 2025, with a loss of £37.1k and 0 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Romford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Romford, London
- Age
- 6 yrs · since 2020
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £126k | £36.5k |
| Cost of sales | — | — | £80.3k | £19.1k |
| Gross profit | — | — | £45.3k | £17.4k |
| Profit before tax | — | — | −£31.2k | −£37.1k |
| Profit after tax | — | — | −£31.3k | −£37.1k |
| Profit (best available) | — | — | −£31.3k | −£37.1k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | — | −24.9% | −101.9% |
| Gross margin | — | — | 36% | 47.7% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼71% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.7k | £1.4k | £2.8k | £8.1k |
| Net assets | £12.1k | −£54.5k | −£85.8k | −£123k |
| Fixed assets | £200 | £67.6k | £28.2k | −£1.4k |
| Current assets | £96.3k | £409k | £424k | £441k |
| Debtors | £6.8k | £0 | £12.9k | £15.4k |
| Deferred income | £600 | £1.5k | £1.6k | £1.6k |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −101.9%
- Profit ÷ revenue.
- Gross margin
- 47.7%
- 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
- −3.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 42.1%
- 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
- —
- Now −£123k
- Cash at bank
- ▲192%
- Now £8.1k
- Headcount
- —
- Now 0
- Deferred income
- 0%
- Now £1.6k
- Fixed assets
- ▼105%
- Now −£1.4k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£37.1k), from the Companies House accounts bulk data published Jun 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.