Active

ECODRIVER LTD Financials

Company number
05258662Copy
Copy
Registered office
10 Bonhill Street, London EC2A 4PE
Incorporated
13/10/2004

Company snapshot

Status
Active
Employees
5 (2023)
Latest financial data
2023
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£-166.63K2023
-161.58%vs 2022

2022: £-63.70K

Total Assets

£51.73K2023
-40.18%vs 2022

2022: £86.48K

Total Liabilities

£218.36K2023
45.40%vs 2022

2022: £150.18K

Employees

52023
-1vs 2022

2022: 6

In 2023, ECODRIVER LTD reported net assets of £-166.63K. The same filing shows total assets of £51.73K and total liabilities of £218.36K. Reported headcount was 5 in 2023. Net Assets fell from £-63.70K in 2022 to £-166.63K in 2023 (-161.58%). Okredo holds filed figures for 2021–2023; 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

£-166.63K2023
-161.58%from £-63.70K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures ECODRIVER LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£-30.28K2021£-166.63K2023
Decreasedvs 2021

Total Assets

£127.14K2021£51.73K2023
-59.3%vs 2021

-36.2% a year compound (CAGR)

Total Liabilities

£157.42K2021£218.36K2023
+38.7%vs 2021

+17.8% a year compound (CAGR)

Employees

7202152023
-28.6%vs 2021-2

Biggest increase

Total Liabilities+38.7%

£157.42K in 2021 to £218.36K in 2023

Biggest decrease

Total Assets-59.3%

£127.14K in 2021 to £51.73K in 2023

ECODRIVER LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ECODRIVER 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
-322.11%2023
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
422.11%2023
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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ECODRIVER LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£-30.28K-63.70K-166.63K
Total Assets£127.14K86.48K51.73K
Cash in Bank£–––
Total Liabilities£157.42K150.18K218.36K
Employees765

ECODRIVER LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ECODRIVER LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

ECODRIVER LTD reported net assets of £-166.63K for 2023. That compares with £-63.70K in 2022, a change of -161.58%.

ECODRIVER LTD reported total assets of £51.73K for 2023. That compares with £86.48K in 2022, a change of -40.18%.

ECODRIVER LTD reported total liabilities of £218.36K for 2023. That compares with £150.18K in 2022, a change of 45.40%.

ECODRIVER LTD reported 5 employees in 2023, compared with 6 in 2022.

Between 2021 and 2023, ECODRIVER LTD's total assets fell by 59.3%, total liabilities rose by 38.7% and employee numbers fell by 28.6%. Total assets contracted at 36.2% a year across the two years to 2023, from £127.14K to £51.73K. Reported headcount went from 7 in 2021 to 5 in 2023 (-2).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.