TECHNICAL DRIVE LIMITED Financials
- Company number
- 06558203CopyCopy
- Registered office
- Grosvenor House, 123-129 High Street, Bromsgrove, Worcestershire B61 8AE
- Incorporated
- 08/04/2008
Company snapshot
- Status
- Active
- Employees
- 35 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-38.45%vs 20242024: £315.21K
Total Assets
63.49%vs 20242024: £1.16M
Cash in Bank
-29.28%vs 20242024: £193.17K
Total Liabilities
108.53%vs 20242024: £779.43K
Employees
+1vs 20242024: 34
In 2025, TECHNICAL DRIVE LIMITED reported net assets of £194.01K. The same filing shows total assets of £1.90M, cash in bank of £136.61K and total liabilities of £1.63M. Reported headcount was 35 in 2025. Total Liabilities rose from £779.43K in 2024 to £1.63M in 2025 (108.53%). 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
-38.45%from £315.21K 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 TECHNICAL DRIVE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+67.3%vs 2023+29.4% a year compound (CAGR)
Cash in Bank
+127%vs 2023+50.7% a year compound (CAGR)
Total Assets
+93.4%vs 2023+39.1% a year compound (CAGR)
Total Liabilities
+96.3%vs 2023+40.1% a year compound (CAGR)
Employees
+16.7%vs 2023+5Biggest increase
Cash in Bank+127%
£60.15K in 2023 to £136.61K in 2025
Every indicator Okredo holds for TECHNICAL DRIVE LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TECHNICAL DRIVE 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
- 10.19%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
- 85.35%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
- 8.40%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
- 7.17%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 TECHNICAL DRIVE LIMITED 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£ | 124.76K | 131.80K | 115.94K | 315.21K | 194.01K |
| Total Assets£ | 485.72K | 833.13K | 984.50K | 1.16M | 1.90M |
| Cash in Bank£ | 105.02K | 72.81K | 60.15K | 193.17K | 136.61K |
| Total Liabilities£ | 360.96K | 665.17K | 828.10K | 779.43K | 1.63M |
| Employees | 24 | 27 | 30 | 34 | 35 |
TECHNICAL DRIVE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TECHNICAL DRIVE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
TECHNICAL DRIVE LIMITED reported net assets of £194.01K for 2025. That compares with £315.21K in 2024, a change of -38.45%.
TECHNICAL DRIVE LIMITED reported total assets of £1.90M for 2025. That compares with £1.16M in 2024, a change of 63.49%.
TECHNICAL DRIVE LIMITED reported cash in bank of £136.61K for 2025. That compares with £193.17K in 2024, a change of -29.28%.
TECHNICAL DRIVE LIMITED reported 35 employees in 2025, compared with 34 in 2024.
Between 2023 and 2025, TECHNICAL DRIVE LIMITED's net assets rose by 67.3%, cash in bank rose by 127%, total assets rose by 93.4% and total liabilities rose by 96.3%. Net assets compounded at 29.4% a year across the two years to 2025, from £115.94K to £194.01K. Reported headcount went from 30 in 2023 to 35 in 2025 (+5).
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.