DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED Financials
- Company number
- 12111164CopyCopy
- Registered office
- 69 Church Way, North Shields NE29 0AE
- Incorporated
- 18/07/2019
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
-7.67%vs 20232023: £-3.84M
Total Assets
528.24%vs 20232023: £20.06K
Cash in Bank
235.20%vs 20232023: £3.88K
Total Liabilities
10.37%vs 20232023: £3.86M
Employees
0vs 20232023: 3
In 2024, DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED reported net assets of £-4.14M. The same filing shows total assets of £126.05K, cash in bank of £13.02K and total liabilities of £4.27M. Reported headcount was 3 in 2024. Total Liabilities rose from £3.86M in 2023 to £4.27M in 2024 (10.37%). 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
-7.67%from £-3.84M 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 DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED 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
+13.3%vs 2022+6.4% a year compound (CAGR)
Total Assets
+321%vs 2022+105% a year compound (CAGR)
Total Liabilities
+19%vs 2022+9.1% a year compound (CAGR)
Employees
-25%vs 2022-1Biggest increase
Total Assets+321%
£29.92K in 2022 to £126.05K in 2024
Biggest decrease
Employees-25%
4 in 2022 to 3 in 2024
DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED'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
- -3,283.90%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
- 3,383.90%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
- 0.31%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
- 10.33%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 DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -3.45M | -3.55M | -3.84M | -4.14M |
| Total Assets£ | 859.43K | 29.92K | 20.06K | 126.05K |
| Cash in Bank£ | 33.35K | 11.49K | 3.88K | 13.02K |
| Total Liabilities£ | 4.31M | 3.58M | 3.86M | 4.27M |
| Employees | 3 | 4 | 3 | 3 |
DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED reported net assets of £-4.14M for 2024. That compares with £-3.84M in 2023, a change of -7.67%.
DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED reported total assets of £126.05K for 2024. That compares with £20.06K in 2023, a change of 528.24%.
DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED reported cash in bank of £13.02K for 2024. That compares with £3.88K in 2023, a change of 235.20%.
DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, DRIWAY INTERNATIONAL TECHNOLOGIES LIMITED's cash in bank rose by 13.3%, total assets rose by 321%, total liabilities rose by 19% and employee numbers fell by 25%. Cash in bank compounded at 6.4% a year across the two years to 2024, from £11.49K to £13.02K. Reported headcount went from 4 in 2022 to 3 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.