DRIVEN BY Q LTD Financials
- Company number
- 06400942CopyCopy
- 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
2023: £-22.04K
Total Assets
2023: £95.98K
Cash in Bank
2021: £11.00
Total Liabilities
2023: £99.92K
Employees
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
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
Employees
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.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -55.68K | 38.78K | -22.04K | -20.92K |
| Total Assets£ | 92.26K | – | 95.98K | 89.37K |
| Cash in Bank£ | 11.00 | 11.00 | – | – |
| Total Liabilities£ | 118.32K | – | 99.92K | 96.26K |
| Employees | 3 | 3 | 3 | 3 |
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.