Company Overview
Drivesimple Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 17 December 2019. Drivesimple Ltd has been in business for 6 years and 3 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

128 City Road, London, EC1V 2NX
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Companies House Data
Company NameDRIVESIMPLE LTD
Company Number12367847
Registered Office Address128 City Road
 EC1V 2NX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/12/2019
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/01/2021
Directors & Members
John Agnew - Director
(British, 43 years old, born July 1983)
Appointed 17 December 2019
 Active
Brett Akker - Director
(British, 51 years old, born June 1975)
Appointed 25 May 2022
 Active
Qais Hammad - Director
(British, 38 years old, born March 1988)
Appointed 14 June 2024
 Active
Raymond Murphy - Director
(British, 65 years old, born March 1961)
Appointed 22 May 2022
 Active
Secretaries
John Agnew - Secretary
Appointed 17 December 2019
 Active
Other Company Directorships
John Agnew
No companies found
Brett Akker
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OSPER LTD
PROLITA LIMITED
STORE BOX SELF STORAGE LIMITED
THE KINDNESS COOPERATION CIC
THE LIQUID MARKET LIMITED
WINERIST LTD
ZIPCAR (UK) LIMITED
Qais Hammad
LION CUBS NURSERIES LTD
LION CUBS NURSERIES PARENTCO LTD
TWO LIONS PARTNERS (CALADRIUS) GP LIMITED
TWO LIONS PARTNERS LTD
Raymond Murphy
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 1,015,029 1,015,029 419,356
Current Assets 89,976 89,976 53,392
Creditors Due Within One Year 1,104,115 1,104,115 112,626
Working Cap 1,194,091 1,194,091 -59,234
Total Assets Less Current Liabilities 890 890 360,122
Long-term Liabilities 0 0 474,299
Net Assets 890 890 -114,177
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 890 890 -114,177
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 91.9% 91.9% 88.7%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 8.1% 8.1% 11.3%
Creditors Due Within One Year 99.9% 99.9% 23.8%
Net Current Assets Liabilities - - -12.5%
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% -24.2%
Capital Employed - - -
Total Assets Less Current Liabilities 0.1% 0.1% 76.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 0.1 0.1 0.5
Solvency Ratio 1.0 1.0 0.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 1,105,005 1,105,005 472,748
Debt 1,104,115 1,104,115 586,925
Net Assets/Debt 890 890 -114,177

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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.

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 10 July 2025 with updates
Statement of capital following an allotment of shares on 2 May 2025
Change of details for Mr John Agnew as a person with significant control on 14 June 2024
Confirmation statement made on 10 July 2024 with updates
Statement of capital following an allotment of shares on 14 June 2024
Resolutions
Memorandum and Articles of Association
Appointment of Mr Qais Alexander Saad Hammad as a director on 14 June 2024
Confirmation statement made on 30 May 2024 with no updates
Confirmation statement made on 30 May 2023 with no updates
Resolutions
Memorandum and Articles of Association
Resolutions
Secretary's details changed for Mr John Agnew on 14 June 2022
Director's details changed for Mr John Agnew on 14 June 2022
Change of details for Mr John Agnew as a person with significant control on 14 June 2022
Registered office address changed from Kemp House 160 City Road London EC1V 2NX United Kingdom to 128 City Road London EC1V 2NX on 13 June 2022
Appointment of Mr Raymond Murphy as a director on 22 May 2022
Appointment of Mr Brett Jamie Akker as a director on 25 May 2022
Confirmation statement made on 30 May 2022 with updates
Statement of capital following an allotment of shares on 3 May 2022
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