Drive Your Dream in London LtdDissolved
Registered name: DRIVE YOUR DREAM IN LONDON LTD
Drive Your Dream in London Ltd made £2.1m revenue and £142k profit in the year to 31 Mar 2024.
Drive Your Dream in London Ltd’s revenue grew 104% to £2.1m in the year to 31 Mar 2024, with £142k profit and 2 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.1m | £2.1m |
| Cost of sales | £805k | £1.9m |
| Gross profit | £246k | £297k |
| Profit before tax | £0 | £188k |
| Profit after tax | £0 | £142k |
| Profit (best available) | £0 | £142k |
| Employees (average) | 1 | 2 |
| Ratios | ||
| Profit margin | 0% | 6.6% |
| Gross margin | 23.4% | 13.8% |
| Revenue per employee | £1.1m | £1.1m |
| Profit per employee | £0 | £71.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲104.3% |
| Headcount growth | — | ▲100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £54k |
| Net assets | £100 | £142k |
| Current assets | £100 | £191k |
| Debtors | £0 | £31.5k |
| Source | FilletedAccounts · bulk data Jan 2024 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 6.6%
- Profit ÷ revenue.
- Gross margin
- 13.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £71.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.5%
- 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
- ▲142291%
- Now £142k
- Cash at bank
- —
- Now £54k
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £142k), from the Companies House accounts bulk data published Feb 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.