Drives 4 U (North West) Ltd
Registered name: DRIVES 4 U (NORTH WEST) LTD
Drives 4 U (North West) Ltd made £2.1m revenue and £502k profit in the year to 25 Jun 2025.
Drives 4 U (North West) Ltd’s revenue grew 30% to £2.1m in the year to 25 Jun 2025, with £502k profit and 55 employees. The company is classified under “recovery of sorted materials” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 5 yrs · since 2021
- 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 | 28 Jun 2022 | 26 Jun 2023 | 25 Jun 2024 | 25 Jun 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £69.9k | £1.6m | £2.1m |
| Cost of sales | — | £23.5k | £1.2m | £1.5m |
| Gross profit | — | £46.4k | £430k | £617k |
| Operating profit | — | £36k | £345k | £502k |
| Profit before tax | — | £36k | £345k | £502k |
| Profit after tax | — | £36k | £345k | £502k |
| Profit (best available) | — | £36k | £345k | £502k |
| Employees (average) | 1 | 1 | 51 | 55 |
| Ratios | ||||
| Profit margin | — | 51.4% | 21.6% | 24.3% |
| Gross margin | — | 66.4% | 27% | 29.8% |
| Revenue per employee | — | £69.9k | £31.2k | £37.6k |
| Profit per employee | — | £36k | £6.8k | £9.1k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲2179% | ▲30% |
| Profit growth | — | — | ▲858.7% | ▲45.6% |
| Headcount growth | — | 0% | ▲5000% | ▲7.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £34.6k | £86.6k | £125k |
| Net assets | £36k | £36k | £345k | £847k |
| Fixed assets | £9.9k | £9.9k | £122k | £254k |
| Current assets | £40k | £40k | £306k | £684k |
| Debtors | — | £5.5k | £42.5k | £178k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 24.3%
- Profit ÷ revenue.
- Gross margin
- 29.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £37.6k
- Revenue ÷ average employees.
- Profit per employee
- £9.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.6%
- 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
- ▲146%
- Now £847k
- Cash at bank
- ▲44%
- Now £125k
- Headcount
- ▲8%
- Now 55
- Deferred income
- —
- Now —
- Fixed assets
- ▲108%
- Now £254k
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 25 Jun 2025 (profit £502k), 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.