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DRIVE IN SCOTLAND LTD Financials

Company number
SC631900Copy
Copy
Registered office
Dean House, 191 Nicol Street, Kirkcaldy, Fife KY1 1PF
Incorporated
29/05/2019

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-50.27K2024
44.49%vs 2023

2023: £-90.56K

Total Assets

£349.62K2024
0.27%vs 2023

2023: £348.69K

Cash in Bank

£39.50K2024
34.01%vs 2023

2023: £29.47K

Total Liabilities

£399.89K2024
-8.96%vs 2023

2023: £439.24K

Employees

42024
0vs 2023

2023: 4

In 2024, DRIVE IN SCOTLAND LTD reported net assets of £-50.27K. The same filing shows total assets of £349.62K, cash in bank of £39.50K and total liabilities of £399.89K. Reported headcount was 4 in 2024. Net Assets rose from £-90.56K in 2023 to £-50.27K in 2024 (44.49%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-50.27K2024
44.49%from £-90.56K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures DRIVE IN SCOTLAND LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-64.73K2022£-50.27K2024
Increasedvs 2022

Cash in Bank

£10.17K2022£39.50K2024
+289%vs 2022

+97.1% a year compound (CAGR)

Total Assets

£351.42K2022£349.62K2024
-0.5%vs 2022

-0.3% a year compound (CAGR)

Total Liabilities

£416.15K2022£399.89K2024
-3.9%vs 2022

-2% a year compound (CAGR)

Employees

3202242024
+33.3%vs 2022+1

Biggest increase

Cash in Bank+289%

£10.17K in 2022 to £39.50K in 2024

Biggest decrease

Total Liabilities-3.9%

£416.15K in 2022 to £399.89K in 2024

DRIVE IN SCOTLAND LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from DRIVE IN SCOTLAND LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-14.38%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
114.38%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
9.88%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
11.30%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for DRIVE IN SCOTLAND LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-27.98K-64.73K-90.56K-50.27K
Total Assets£415.10K351.42K348.69K349.62K
Cash in Bank£57.03K10.17K29.47K39.50K
Total Liabilities£443.09K416.15K439.24K399.89K
Employees3344

DRIVE IN SCOTLAND LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for DRIVE IN SCOTLAND LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

DRIVE IN SCOTLAND LTD reported net assets of £-50.27K for 2024. That compares with £-90.56K in 2023, a change of 44.49%.

DRIVE IN SCOTLAND LTD reported total assets of £349.62K for 2024. That compares with £348.69K in 2023, a change of 0.27%.

DRIVE IN SCOTLAND LTD reported cash in bank of £39.50K for 2024. That compares with £29.47K in 2023, a change of 34.01%.

DRIVE IN SCOTLAND LTD reported 4 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, DRIVE IN SCOTLAND LTD's cash in bank rose by 289%, total assets fell by 0.5%, total liabilities fell by 3.9% and employee numbers rose by 33.3%. Cash in bank compounded at 97.1% a year across the two years to 2024, from £10.17K to £39.50K. Reported headcount went from 3 in 2022 to 4 in 2024 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.