Company Overview
Drivewize Driving Lessons Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 16 June 2003, so this is a well established company. Drivewize Driving Lessons Limited has been in business for 22 years and 9 months. The accounts status is total exemption full and the accounts are next due on Monday 05 January 2026.
Registered Address

C/O Georghiades & Associates, 130A Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF
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Companies House Data
Company NameDRIVEWIZE DRIVING LESSONS LIMITED
Company Number04800502
Registered Office AddressC/O Georghiades & Associates
 130a Darkes Lane
 EN6 1AF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/06/2003
Accounting Reference Date Day5
Accounting Reference Date Month4
Accounts Next Due Date05/01/2027
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/07/2017
Returns Last Made Up Date16/06/2016
Previous Company NameChanged Date
D & M TAXI'S LTD12 Nov 2024
Directors & Members
Show Resigned
David Walsom - Director
(British, 54 years old, born August 1972)
Appointed 16 June 2003
Active
Secretaries
Show Resigned
Other Company Directorships
David Walsom
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 36,000 36,000 40,800
Current Assets 7,743 7,743 10,707
Creditors Due Within One Year 5,480 5,480 10,244
Working Cap 2,263 2,263 463
Total Assets Less Current Liabilities 38,263 38,263 41,263
Long-term Liabilities 53,389 53,389 64,478
Net Assets -15,126 -15,126 -23,215
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -15,126 -15,126 -23,215
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 82.3% 82.3% 79.2%
Stocks Inventory - - -
Debtors 15.2% 15.2% 20.7%
Cash Bank In Hand 2.5% 2.5% 0.1%
Current Assets 17.7% 17.7% 20.8%
Creditors Due Within One Year 12.5% 12.5% 19.9%
Net Current Assets Liabilities 5.2% 5.2% 0.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds -34.6% -34.6% -45.1%
Capital Employed - - -
Total Assets Less Current Liabilities 87.5% 87.5% 80.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 1.4 1.4 1.0
Solvency Ratio 0.7 0.7 0.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 43,743 43,743 51,507
Debt 58,869 58,869 74,722
Net Assets/Debt -15,126 -15,126 -23,215

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 16 June 2025 with no updates
Certificate of change of name
Confirmation statement made on 16 June 2024 with no updates
Confirmation statement made on 16 June 2023 with no updates
Confirmation statement made on 16 June 2022 with no updates
Confirmation statement made on 16 June 2021 with no updates
Registered office address changed from , Suite 85 C/O Georghiades & Associates, 56 Tavistock Place, London, London, WC1H 9RG to C/O Georghiades & Associates 130a Darkes Lane Potters Bar Hertfordshire EN6 1AF on 5 October 2020
Confirmation statement made on 16 June 2020 with no updates
Confirmation statement made on 16 June 2019 with no updates
Confirmation statement made on 16 June 2018 with no updates
Confirmation statement made on 16 June 2017 with no updates
Notification of David John Walsom as a person with significant control on 19 April 2016
Annual return made up to 16 June 2016 with full list of shareholders
Annual return made up to 16 June 2015 with full list of shareholders

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