Frei Drive LtdDissolved
Registered name: FREI DRIVE LTD
Frei Drive Ltd made £32.1k revenue and £7k profit in the year to 31 Jan 2026.
Frei Drive Ltd’s revenue grew 2% to £32.1k in the year to 31 Jan 2026, with £7k profit and 1 employee. We hold 3 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 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £29.6k | £31.5k | £32.1k |
| Cost of sales | £1.3k | £3k | £1.5k |
| Gross profit | £28.3k | £28.6k | £30.6k |
| Operating profit | £4.2k | £3.4k | £7k |
| Profit before tax | £4.2k | £3.4k | £7k |
| Profit after tax | £4.2k | £3.4k | £7k |
| Profit (best available) | £4.2k | £3.4k | £7k |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 14.3% | 10.7% | 21.8% |
| Gross margin | 95.5% | 90.6% | 95.3% |
| Revenue per employee | £29.6k | £31.5k | £32.1k |
| Profit per employee | £4.2k | £3.4k | £7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲6.5% | ▲1.8% |
| Profit growth | — | ▼20.6% | ▲106.9% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £4.6k | £11.8k | £12.6k |
| Net assets | £4.2k | £6.3k | £13.3k |
| Fixed assets | £689 | £689 | £689 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 21.8%
- Profit ÷ revenue.
- Gross margin
- 95.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £32.1k
- Revenue ÷ average employees.
- Profit per employee
- £7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.1%
- 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
- ▲110%
- Now £13.3k
- Cash at bank
- ▲7%
- Now £12.6k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £689
Sources
Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £7k), 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.