DRIVESHAFT PARTS LTD Financials
- Company number
- 06653579CopyCopy
- Registered office
- 3rd Floor, Imperial House, 21 - 25 North Street, Bromley, Kent BR1 1SD
- Incorporated
- 23/07/2008
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
0.26%vs 20232023: £-137.44K
Total Assets
-96.91%vs 20232023: £623.75K
Cash in Bank
-71.11%vs 20232023: £52.35K
Total Liabilities
-75.64%vs 20232023: £641.97K
Employees
0vs 20232023: 3
In 2024, DRIVESHAFT PARTS LTD reported net assets of £-137.09K. The same filing shows total assets of £19.28K, cash in bank of £15.12K and total liabilities of £156.37K. Reported headcount was 3 in 2024. Total Assets fell from £623.75K in 2023 to £19.28K in 2024 (-96.91%). 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
0.26%from £-137.44K in 2023Year-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 DRIVESHAFT PARTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-68%vs 2022-43.5% a year compound (CAGR)
Total Assets
-96.9%vs 2022-82.3% a year compound (CAGR)
Total Liabilities
-73.8%vs 2022-48.8% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Assets-96.9%
£618.14K in 2022 to £19.28K in 2024
Every measure that changed in DRIVESHAFT PARTS LTD's filings between 2022 and 2024 fell. The steepest fall came in total assets, pointing to a narrowing asset base, with net assets, cash in bank and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRIVESHAFT PARTS 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
- -710.87%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
- 810.87%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
- 9.67%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
- 78.41%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 DRIVESHAFT PARTS 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£ | -49.99K | -117.81K | -137.44K | -137.09K |
| Total Assets£ | 272.65K | 618.14K | 623.75K | 19.28K |
| Cash in Bank£ | 51.89K | 47.30K | 52.35K | 15.12K |
| Total Liabilities£ | 322.64K | 595.88K | 641.97K | 156.37K |
| Employees | 2 | 3 | 3 | 3 |
DRIVESHAFT PARTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRIVESHAFT PARTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
DRIVESHAFT PARTS LTD reported net assets of £-137.09K for 2024. That compares with £-137.44K in 2023, a change of 0.26%.
DRIVESHAFT PARTS LTD reported total assets of £19.28K for 2024. That compares with £623.75K in 2023, a change of -96.91%.
DRIVESHAFT PARTS LTD reported cash in bank of £15.12K for 2024. That compares with £52.35K in 2023, a change of -71.11%.
DRIVESHAFT PARTS LTD reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, DRIVESHAFT PARTS LTD's cash in bank fell by 68%, total assets fell by 96.9%, total liabilities fell by 73.8% and employee numbers was unchanged. Cash in bank contracted at 43.5% a year across the two years to 2024, from £47.30K to £15.12K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.