Driving Edge Limited in Speke, L24 8RF

Description

Data updated on: 01-11-2023

Located in 1st Floor Offices, Speke L24 8RF Driving Edge Limited is classified as a Private Limited Company with 02180545 registration number. It appeared on 1987-10-19. This business's SIC and NACE codes are 78300 and their NACE code stands for Human resources provision and management of human resources functions. Driving Edge Ltd released its latest accounts for the financial year up to 31st December 2022. Its most recent annual confirmation statement was released on 12th May 2023.

With 30 recruitment advertisements since Thursday 24th March 2016, Driving Edge has been among the most active ones on the labour market. Most recently, it was looking for new employees in Leeds, Runcorn and Lancashire. They tend to employ workers on a full time basis under Fixed term contract mode. They hire workers on such posts as: 7.5 TONNE DRIVERS REQUIRED , Flt Counter Balance Drivers and Warehouse And Production Vacancies .

Our information describing this specific firm's MDs shows us the existence of two directors: David R. and David R. who were appointed to their positions on 2021-07-09 and 1992-04-15.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	3 452 576	3 613 886	4 239 322

Balance Sheet
Cash Bank On Hand				24 643	443	33	21 935	68 065	24 296	26 545	37 526
Current Assets	6 977 453	8 754 900	9 687 119		4 399 626	2 652 384	2 219 054	1 878 971	1 933 664	1 847 652	1 419 560
Debtors	6 950 321	8 713 828	9 317 766	3 633 097	2 633 097	1 011 015	1 559 202	1 171 286	1 272 115	1 815 264	1 378 194
Net Assets Liabilities					2 955 382	1 940 908	847 950	868 036	938 388	1 029 831	1 026 520
Other Debtors	5 581	4 031	3 691	3 691	535 718	7 183	5 802	23 588	339 841	304 058	124 122
Property Plant Equipment				144 330	106 147	65 842	30 456	15 971	13 875	9 079	5 394
Total Inventories				9 550	7 643	8 239	4 720	6 423	4 056	5 843
Cash Bank In Hand	22 898	35 496	358 399
Stocks Inventory	4 234	5 576	10 954
Tangible Fixed Assets	60 303	91 602	206 392
Trade Debtors	2 301 540	4 009 781	4 648 186

Capital & Reserves
Called Up Share Capital	6 025	6 025	6 025
Profit Loss Account Reserve	3 446 551	3 607 861	4 233 297
Shareholder Funds	3 452 576	3 613 886	4 239 322

Other Financial Data
Audit Fees Expenses				10 500	8 500	8 500
Accrued Liabilities Deferred Income				411 277	83 789	41 903	103 555	117 638	122 036	226 678	6 000
Accumulated Depreciation Impairment Property Plant Equipment				709 562	732 881	784 011	824 325	841 552	849 221	756 517	625 284
Additions Other Than Through Business Combinations Property Plant Equipment					12 493	10 825
Administrative Expenses	1 021 041	1 668 543	1 508 156	1 346 850	613 659	513 520	686 005	546 721
Amounts Owed By Group Undertakings						1 633 097	633 197	633 197	633 197	633 097	633 097
Average Number Employees During Period				1 131	306	172	234	211	152	219	144
Bank Borrowings Overdrafts	697 930	601 768			75 554	57 646			270 000	210 000	150 000
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				81 044	50 074	19 103
Comprehensive Income Expense				-298 113	-985 827	-1 014 474
Corporation Tax Payable				235 961	16 773	15 956	19 442	28 161	20 530	4 317	3 429
Cost Sales	12 546 397	19 358 245	22 821 007	21 040 608	7 133 287	2 910 610	3 788 704	3 517 291
Creditors				2 849 321	14 499	930	1 401 560	1 026 906	270 000	210 000	150 000
Current Tax For Period				235 961	16 773	15 956
Depreciation Expense Property Plant Equipment				32 977	19 704	20 160
Extraordinary Profit Loss After Tax				-1 000 000	-1 000 000	-1 000 000	-1 000 000
Finance Lease Liabilities Present Value Total				36 055	14 499	930	930
Finance Lease Payments Owing Minimum Gross				57 611	36 055	14 499
Finished Goods Goods For Resale	4 234	5 576	10 954	9 550	7 643	8 239
Fixed Assets					106 147	660 837
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss							-82 671
Further Item Tax Increase Decrease Component Adjusting Items				-396	-620	9 715
Gain Loss On Disposals Property Plant Equipment				1 959	3 100
Gross Profit Loss	1 487 312	2 363 012	2 384 201	2 271 903	643 610	498 107	716 090	606 772
Income Taxes Paid Refund Classified As Operating Activities				-186 684	-235 961	-16 773
Increase From Depreciation Charge For Year Property Plant Equipment					50 674	51 130	44 888	17 226	7 669	6 368	2 163
Interest Expense On Debt Securities In Issue Other Similar Loans				23 391	5 529	13 015
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				13 662	3 004	3 004
Interest Payable Similar Charges Finance Costs				42 205	8 533	16 019	20 979	13 282
Investment Property						594 995
Net Cash Flows From Used In Operating Activities				313 044	-462 015	-114 054
Net Cash Generated From Operations				84 155	-706 507	-146 846
Net Current Assets Liabilities	4 090 203	4 147 055	4 082 725		2 863 734	1 281 001	817 494	852 065	1 194 513	1 230 752	1 171 126
Net Interest Paid Received Classified As Operating Activities				-42 205		-16 019
Number Shares Issued Fully Paid					6 025	6 025
Operating Profit Loss	466 271	694 469	876 045	980 053	39 479	17 501	-52 586	61 458
Other Creditors				787 645	841 393	930	867 525	605 674	91 609	27 514	20 768
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					27 355		4 574			99 072	133 396
Other Disposals Property Plant Equipment					27 355		612 245			99 072	134 918
Other Interest Receivable Similar Income Finance Income							49	71
Other Operating Income Format1				55 000	9 528	32 914		1 407
Other Taxation Social Security Payable				1 233 198	344 845	226 521	372 782	259 909	453 592	283 674	144 727
Par Value Share		1	1		1	1
Payments Finance Lease Liabilities Classified As Financing Activities				-21 302	-21 556	-21 556
Pension Other Post-employment Benefit Costs Other Pension Costs				92 456	32 734	10 436
Prepayments Accrued Income				56 355	21 557	49 484	37 969	36 542	15 387	15 330	64 589
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments					530 820	-530 820
Proceeds From Sales Property Plant Equipment				-27 195	-3 100
Profit Loss				-298 113	-985 827	-1 014 474	-1 092 958	20 086
Profit Loss On Ordinary Activities After Tax				701 887	14 173	-14 474	-92 958	20 086
Profit Loss On Ordinary Activities Before Tax	442 002	255 141	812 120	937 848	30 946	1 482	-73 516	48 247
Property Plant Equipment Gross Cost				853 890	839 028	1 444 848	854 781	857 523	863 096	765 596	630 678
Purchase Investment Properties						-594 995
Purchase Property Plant Equipment				-26 605	-12 493	-10 825
Social Security Costs	859 607	1 221 949	1 486 585	1 356 719	522 150	198 065
Staff Costs Employee Benefits Expense				20 479 616	6 457 277	2 946 418
Tax Increase Decrease Arising From Group Relief Tax Reconciliation				-209
Tax Increase Decrease From Effect Capital Allowances Depreciation				12 832	-6 403	-4 933
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				241 397	207 472	200 892
Tax Tax Credit On Profit Or Loss On Ordinary Activities				235 961	16 773	15 956	19 442	28 161
Total Additions Including From Business Combinations Property Plant Equipment							22 178	2 742	5 573	1 572
Total Assets Less Current Liabilities	4 150 506	4 238 657	4 289 117		2 969 881	1 941 838	847 950	868 036	1 208 388	1 239 831	1 176 520
Total Operating Lease Payments					8 665	8 587
Trade Creditors Trade Payables				159 684	151 982	43 657	37 326	15 524	21 384	14 717	13 510
Trade Debtors Trade Receivables				2 954 919	1 201 168	954 348	1 515 431	1 111 156	916 887	862 779	556 386
Turnover Revenue				23 312 511	7 776 897	3 408 717	4 504 794	4 124 063
Wages Salaries	11 447 674	17 730 232	20 946 213	19 030 441	5 902 393	2 737 917
Total Fees To Auditors	10 500	10 500
Director Remuneration Benefits Including Payments To Third Parties	30 000	28 368	30 078
Accruals Deferred Income Within One Year	319 636	288 513	321 146
Amounts Owed By Group Undertakings Other Participating Interests	4 629 997	4 631 047	4 632 097
Commitments Under Non-cancellable Operating Leases Land Buildings		-28 616	-28 616
Commitments Under Non-cancellable Operating Leases Other Items		-1 556	-8 647
Corporation Tax Due Within One Year	140 708	93 831	186 684
Creditors Due After One Year	697 930	624 771	49 795
Creditors Due Within One Year	2 887 250	4 607 845	5 604 394
Debtors Due After One Year	4 629 997	4 631 047	4 632 097
Debtors Due Within One Year	2 320 324	4 082 781	4 685 669
Depreciation Tangible Fixed Assets Expense	49 252	34 923	47 013
Expenses Not Deductible For Tax Purposes	27 613	38 170	24 959
Interest Payable Similar Charges	24 269	439 328	63 925
Land Buildings Operating Leases Expiring Between Two Five Years	-28 616	-28 616
Land Buildings Operating Leases Expiring Within One Year			-28 616
Loans From Directors	300 000	300 000	287 038
Net Assets Liability Excluding Pension Asset Liability	3 452 576	3 613 886	4 239 322
Number Shares Allotted		6 025	6 025
Obligations Under Finance Lease Hire Purchase Contracts After One Year		23 003	49 795
Obligations Under Finance Lease Hire Purchase Contracts Within One Year		13 144	29 118
Obligations Under Finance Leases Hire Purchase Contracts Between Two To Five Years	-697 930	-23 003	-49 795
Other Creditors Due Within One Year	1 273 847	2 258 296	3 185 404
Other Operating Leases Expiring Between Two Five Years	-1 556	-1 556	-7 091
Other Operating Leases Expiring Within One Year			-1 556
Other Taxation Social Security Within One Year	736 337	1 452 521	1 451 324
Pension Costs	5 823	8 838	89 125
Pensions Costs Defined Contribution Schemes	5 823	8 838	89 125
Percentage Subsidiary Held		100	100
Prepayments Accrued Income Current Asset	13 203	68 969	33 792
Profit Loss For Period	301 294	161 310	625 436
Share Capital Allotted Called Up Paid	6 025	6 025	6 025
Staff Costs	12 313 104	18 961 019	22 521 923
Tangible Fixed Assets Additions		69 052	161 803
Tangible Fixed Assets Cost Or Valuation	723 589	747 352	894 013
Tangible Fixed Assets Depreciation	663 286	655 750	687 621
Tangible Fixed Assets Depreciation Charged In Period		34 922	47 013
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		42 458	15 142
Tangible Fixed Assets Disposals		45 289	15 142
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-108 277	-59 313	-172 413
Tax On Profit Or Loss On Ordinary Activities	140 708	93 831	186 684
Total U K Foreign Current Tax After Adjustments Relief	140 708	93 831	186 684
Trade Creditors Within One Year	116 722	201 540	143 680
Turnover Gross Operating Revenue	14 033 709	21 721 257	25 205 208
U K Current Corporation Tax	-140 708	-93 831	-186 684
U K Current Corporation Tax On Income For Period	140 708	93 831	186 684