Company Overview
Drive The Best Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 05 October 2015, so this is a well established company. Drive The Best Ltd has been in business for 10 years and 5 months. The accounts status is total exemption full and the accounts are next due on Monday 31 July 2023.
Registered Address

340 Eastcote Lane, Harrow, Middlesex, HA2 9AJ
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameDRIVE THE BEST LTD
Company Number09810037
Registered Office Address340 Eastcote Lane
 HA2 9AJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/10/2015
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2023
Accounts Last Made Up Date31/10/2021
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date02/11/2016
Directors & Members
Show Resigned
Kugatharsiny Chandravathanan - Director
(British, 41 years old, born October 1985)
Appointed 09 May 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Kugatharsiny Chandravathanan
BIG BIRD CHICKEN LTD
BLACKSTONE CLAIMS LTD
C & N VEHICLE MANAGEMENT LIMITED
CK RETAIL COWGATE LTD
CK RETAIL WARWICK LTD
KIKASI LTD
KSN RETAIL LTD
N & C VEHICLE MANAGEMENT LIMITED
NILA ESTATES LTD
PAPIER DORÉ LTD
RELIANCE MOTORS LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Balance Sheet
Fixed Assets 25,145 30,870 57,412
Current Assets 123,617 56,943 5,810
Creditors Due Within One Year 140,587 74,126 1,570
Working Cap -16,970 -17,183 4,240
Total Assets Less Current Liabilities 8,175 13,687 61,652
Long-term Liabilities 8,075 13,587 40,000
Net Assets 100 100 21,652
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 100 100 21,652
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Tangible Fixed Assets - - -
Fixed Assets 16.9% 35.2% 90.8%
Stocks Inventory - - -
Debtors 80.2% 64.8% -
Cash Bank In Hand 2.9% - -
Current Assets 83.1% 64.8% 9.2%
Creditors Due Within One Year 94.5% 84.4% 2.5%
Net Current Assets Liabilities -11.4% -19.6% 6.7%
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 0.1% 0.1% 34.2%
Capital Employed - - -
Total Assets Less Current Liabilities 5.5% 15.6% 97.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2021 31-Oct-2020 31-Oct-2019
Liquidity Ratio 0.9 0.8 3.7
Solvency Ratio 1.0 1.0 1.5
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-Oct-2021 31-Oct-2020 31-Oct-2019
Assets 148,762 87,813 63,222
Debt 148,662 87,713 41,570
Net Assets/Debt 100 100 21,652
As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
Other Business around HA2 9AJ
SRI'S CAKE LIMITED
332 EASTCOTE LANE, HARROW, MIDDLESEX, HA2 9AJ
LDN ROOMS LIMITED
374 Eastcote Lane, Harrow, Middlesex, HA2 9AJ
N & C VEHICLE MANAGEMENT LIMITED
340 Eastcote Lane, Harrow, HA2 9AJ
DC WET-TRADE LTD
15 FORTUNE STREET, BROOKLANDS, MILTON KEYNES, HA2 9AJ
MIROLD ACCOUNTANT LIMITED
25 Castle High, Haverfordwest, HA2 9AJ
RUBINA IMPEX LIMITED
5 NEW PARADE, CHURCH ROAD, ASHFORD, HA2 9AJ
RN MANAGEMENT CONSULTANCY LTD
370 Eastcote Lane Eastcote Lane, Harrow, Middlesex, HA2 9AJ
CLAROM LTD
330 EASTCOTE LANE, HARROW, MIDDLESEX, HA2 9AJ
VFIX (UK) LTD
340 Eastcote Lane, Harrow, Middlesex, HA2 9AJ
SHAMIE RYAN PLANT HIRE LIMITED
394 EASTCOTE LANE, SOUTH HARROW, MIDDLESEX, HA2 9AJ
Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 31 May 2022 with updates
Confirmation statement made on 31 May 2021 with updates
Change of details for Mrs Kugatharsiny Chandravathanan as a person with significant control on 31 May 2021
Director's details changed for Mrs Kugatharsiny Chandravathanan on 31 May 2021
Confirmation statement made on 31 May 2020 with updates
Confirmation statement made on 31 May 2019 with updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 31 May 2018 with no updates
Notification of Kugatharsiny Chandravathanan as a person with significant control on 15 June 2018
Director's details changed for Mrs Kugatharsiny Chandravathanan on 30 May 2018
Termination of appointment of Jeyakanthan Janarthanan as a director on 5 June 2018
Cessation of Jeyakanthan Janarthanan as a person with significant control on 5 June 2018
Notification of Jeyakanthan Janarthanan as a person with significant control on 1 January 2018
Cessation of Kugatharsiny Chandravathanan as a person with significant control on 1 January 2018
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free