DRIVES 4 U LTD Financials
- Company number
- 05972683CopyCopy
- Registered office
- 61 Alexandra Road, Lowestoft, Suffolk NR32 1PL
- Incorporated
- 20/10/2006
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-41.17%vs 20242024: £40.15K
Total Assets
-20.39%vs 20242024: £103.03K
Cash in Bank
-56.53%vs 20242024: £28.16K
Total Liabilities
-7.12%vs 20242024: £62.88K
Employees
-2vs 20242024: 5
In 2025, DRIVES 4 U LTD reported net assets of £23.62K. The same filing shows total assets of £82.03K, cash in bank of £12.24K and total liabilities of £58.41K. Reported headcount was 3 in 2025. Total Assets fell from £103.03K in 2024 to £82.03K in 2025 (-20.39%). Okredo holds filed figures for 2021–2025; 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
-41.17%from £40.15K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures DRIVES 4 U LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-62.1%vs 2023-38.5% a year compound (CAGR)
Cash in Bank
+28.1%vs 2023+13.2% a year compound (CAGR)
Total Assets
-30.8%vs 2023-16.8% a year compound (CAGR)
Total Liabilities
+4.2%vs 2023+2.1% a year compound (CAGR)
Employees
-40%vs 2023-2Biggest increase
Cash in Bank+28.1%
£9.56K in 2023 to £12.24K in 2025
Biggest decrease
Net Assets-62.1%
£62.39K in 2023 to £23.62K in 2025
DRIVES 4 U LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRIVES 4 U 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
- 28.80%2025
- 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
- 71.20%2025
- 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
- 20.96%2025
- 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
- 14.92%2025
- 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 DRIVES 4 U LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 81.27K | 54.37K | 62.39K | 40.15K | 23.62K |
| Total Assets£ | 221.76K | 165.54K | 118.46K | 103.03K | 82.03K |
| Cash in Bank£ | 78.15K | 9.90K | 9.56K | 28.16K | 12.24K |
| Total Liabilities£ | 140.49K | 111.17K | 56.06K | 62.88K | 58.41K |
| Employees | 3 | 5 | 5 | 5 | 3 |
DRIVES 4 U LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRIVES 4 U LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
DRIVES 4 U LTD reported net assets of £23.62K for 2025. That compares with £40.15K in 2024, a change of -41.17%.
DRIVES 4 U LTD reported total assets of £82.03K for 2025. That compares with £103.03K in 2024, a change of -20.39%.
DRIVES 4 U LTD reported cash in bank of £12.24K for 2025. That compares with £28.16K in 2024, a change of -56.53%.
DRIVES 4 U LTD reported 3 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, DRIVES 4 U LTD's net assets fell by 62.1%, cash in bank rose by 28.1%, total assets fell by 30.8% and total liabilities rose by 4.2%. Net assets contracted at 38.5% a year across the two years to 2025, from £62.39K to £23.62K. Reported headcount went from 5 in 2023 to 3 in 2025 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.