Drivex Limited in Sandown, PO36 8EH

Description

Data updated on: 01-11-2023

Based in Unit 1, Senator Trading Estate, Sandown PO36 8EH Drivex Limited is categorised as a Private Limited Company registered under the 05727320 registration number. It was launched 18 years ago. It currently known as Drivex Limited, was earlier known under the name of Vectis 380. The change has occurred in 2006-04-05. This business's SIC code is 85530, that means Driving school activities. Drivex Ltd filed its latest accounts for the period that ended on Thu, 31st Mar 2022. The latest annual confirmation statement was submitted on Wed, 15th Mar 2023.

Currently, the directors officially appointed by the company are as follow: Roger S. chosen to lead the company in 2007 and Steven C. chosen to lead the company 18 years ago. Furthermore, the managing director's assignments are often helped with by a secretary - Paul H., who joined this specific company 18 years ago.

Steven C. is the individual with significant control over this firm, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Previous company's names
Drivex Limited 2006-04-05
Vectis 380 Limited 2006-03-02

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	17 460	20 561

Balance Sheet
Cash Bank On Hand					20 436	22 671	44 446	1 537	4 759
Current Assets	23 385	27 964	16 330	38 478	35 418	37 909	67 670	11 366	11 649
Debtors	7 792	9 286			14 982	15 203	23 095	9 636	6 479
Net Assets Liabilities		20 561	11 451	21 004	18 733	33 536	-5 730	-9 432	-4 690
Other Debtors							18 678	5 985
Property Plant Equipment					3 684	25 829	26 772	20 834	22 685
Total Inventories						35	129	193	411
Cash Bank In Hand	15 593	18 678
Tangible Fixed Assets	4 877	3 706

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	17 360	20 461
Shareholder Funds	17 460	20 561

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal			470	495	1 365
Accumulated Depreciation Impairment Property Plant Equipment						34 927	42 735	42 640	36 160
Additions Other Than Through Business Combinations Property Plant Equipment						31 052	8 751	8 813	8 871
Bank Borrowings Overdrafts							37 460	31 909	7 560
Creditors		11 097	7 662	19 764	20 370	30 202	62 712	9 723	22 235
Disposals Decrease In Depreciation Impairment Property Plant Equipment								6 782	13 073
Disposals Property Plant Equipment								14 846	13 500
Fixed Assets		3 706	3 241	2 785	3 684
Increase From Depreciation Charge For Year Property Plant Equipment						8 907	7 808	6 687	6 593
Net Current Assets Liabilities	12 583	16 855	8 680	18 714	15 048	7 707	4 958	1 643	-10 586
Other Creditors					10 099	5 358	6 145	6 146	9 982
Property Plant Equipment Gross Cost						60 756	69 507	63 474	58 845
Taxation Social Security Payable					10 271	8 831	5	3 125	4 693
Total Assets Less Current Liabilities	17 460	20 561	11 451	21 499	20 098
Trade Creditors Trade Payables						16 013	56 562	452
Trade Debtors Trade Receivables					14 982	15 203	4 417	3 651	6 479
Creditors Due Within One Year	10 802	11 109
Number Shares Allotted		100
Par Value Share		1
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Cost Or Valuation		26 032
Tangible Fixed Assets Depreciation	21 155	22 326
Tangible Fixed Assets Depreciation Charged In Period		1 171