Active

DRIVEN BY Q LTD Financials

Company number
06400942Copy
Copy
Registered office
St Andrews House Yale Business Village, Ellice Way, Wrexham, Wrexham Cb LL13 7YL
Incorporated
16/10/2007

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-20.92K2024
5.11%vs 2023

2023: £-22.04K

Total Assets

£89.37K2024
-6.88%vs 2023

2023: £95.98K

Cash in Bank

£11.002022
No changevs 2021

2021: £11.00

Total Liabilities

£96.26K2024
-3.67%vs 2023

2023: £99.92K

Employees

32024
0vs 2023

2023: 3

In 2024, DRIVEN BY Q LTD reported net assets of £-20.92K. The same filing shows total assets of £89.37K, cash in bank of £11.00 and total liabilities of £96.26K. Reported headcount was 3 in 2024. Total Assets fell from £95.98K in 2023 to £89.37K in 2024 (-6.88%). 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

£-20.92K2024
5.11%from £-22.04K 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 DRIVEN BY Q LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£38.78K2022£-20.92K2024
-154%vs 2022

Employees

3202232024
0%vs 2022

Biggest decrease

Net Assets-154%

£38.78K in 2022 to £-20.92K in 2024

Every measure that changed in DRIVEN BY Q LTD's filings between 2022 and 2024 fell. That fall came in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from DRIVEN BY Q 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
-23.41%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
107.71%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
0.01%2021
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
0.01%2021
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 DRIVEN BY Q LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-55.68K38.78K-22.04K-20.92K
Total Assets£92.26K–95.98K89.37K
Cash in Bank£11.0011.00––
Total Liabilities£118.32K–99.92K96.26K
Employees3333

DRIVEN BY Q LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for DRIVEN BY Q LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

DRIVEN BY Q LTD reported net assets of £-20.92K for 2024. That compares with £-22.04K in 2023, a change of 5.11%.

DRIVEN BY Q LTD reported total assets of £89.37K for 2024. That compares with £95.98K in 2023, a change of -6.88%.

DRIVEN BY Q LTD reported cash in bank of £11.00 for 2022. That compares with £11.00 in 2021.

DRIVEN BY Q LTD reported 3 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, DRIVEN BY Q LTD's net assets fell by 154% and employee numbers was unchanged. Reported headcount went from 3 in 2022 to 3 in 2024. The largest fall over the period was net assets, down 154% from £38.78K to £-20.92K.

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.