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IAM DRIVE & SURVIVE LIMITED
1 ALBANY PLACE, HYDE WAY, WELWYN GARDEN CITY, AL7 3BTPrevious name: I.A.M. FLEET TRAINING LIMITED (changed on 26-Mar-2010)
Company Number: 02019635
Incorporation date: 14-May-1986
Status: Active
Entity type: Private Limited Company
SIC codes:
85530 Driving school activities
SUMMARY
This company is 38 years old and is currently active. It is controlled by Institute Of Advanced Motorists Limited(The). The company has negative equity (net assets) of GBP -1.3 million which has worsened since the previous year's figure of GBP -1.1 million. The latest reported revenue figure is GBP 811.6 thousand which is down -10% on the previous year. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -1.4 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 13 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 31-Dec-2024Accounts Filed: SMALL (31-Mar-2023)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Mar-2023 | GBP | 811,646 | -119,253 | 15,209 | -134,462 | ||
| 31-Mar-2022 | GBP | 865,454 | -319,911 | 14,587 | -334,498 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Mar-2023 | GBP | 58,147 | 351,011 | 1,611,503 | 125,000 | -1,385,490 | -1,260,490 | ||
| 31-Mar-2022 | GBP | 56,885 | 370,184 | 1,496,214 | 125,000 | -1,251,028 | -1,126,028 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Active | Andrew MCLACHRIE | 30 Mar 2023 | 18 Apr 2024 | 1 - 0 | ||
| Resigned | ARM SECRETARIES LIMITED | 22 Jul 2021 | 30 Mar 2023 | 132 - 321 | ||
| Resigned | Neil Barry HARRIS | 27 Feb 2020 | 22 Jul 2021 | 0 - 1 | ||
| Resigned | Ruth BRIDGER | 31 Mar 2007 | 31 Jan 2020 | British | 0 - 10 | |
| Resigned | David Peter Allan VEZEY | 01 Jan 1995 | 31 Mar 2007 | 0 - 6 | ||
| Resigned | Robert Byron PETERS | 31 Dec 1994 | 0 - 6 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Antony Patrick KILDARE | 30 Nov 2022 | Director | British | 4 - 4 | 0 (0.0%) | |
| Resigned | Gordon CLELLAND | 06 May 2022 | 30 Nov 2022 | Director | British | 0 - 3 | 0 (0.0%) |
| Resigned | James William HALL | 22 Jul 2021 | 30 Apr 2022 | Director | British | 0 - 2 | 1 (50.0%) |
| Active | Stuart Malcolm DONALD | 25 Feb 2021 | Retired | British | 7 - 0 | 0 (0.0%) | |
| Resigned | Andrew John BARRATT | 23 May 2019 | 01 Oct 2019 | Managing Director | British | 0 - 7 | 0 (0.0%) |
| Resigned | Michael Nicholas QUINTON | 24 May 2018 | 14 May 2020 | Company Director | British | 0 - 6 | 0 (0.0%) |
| Resigned | Neil Barry HARRIS | 23 Aug 2017 | 06 May 2022 | Chartered Accountant | British | 1 - 13 | 0 (0.0%) |
| Resigned | Aron Anthony GREENIDGE | 27 Jul 2017 | 31 Mar 2022 | Business Development Director | British | 1 - 6 | 1 (14.3%) |
| Resigned | Lesley Elizabeth UPHAM | 14 Oct 2015 | 26 Jul 2017 | Commercial Director | British | 0 - 5 | 1 (20.0%) |
| Resigned | Sarah Jane SILLARS | 26 Feb 2015 | 04 May 2018 | Chief Executive | British | 1 - 15 | 0 (0.0%) |
| Resigned | Nicholas Brent STONARD | 15 Oct 2014 | 23 Aug 2017 | Chartered Accountant | British | 1 - 10 | 2 (18.2%) |
| Resigned | Catherine Ann, Dr LLOYD | 18 Jul 2014 | 06 May 2016 | Property Investment And Management | British | 0 - 4 | 0 (0.0%) |
| Resigned | Kenneth William KEIR | 16 Oct 2013 | 31 Mar 2019 | Company Director | British | 0 - 15 | 1 (6.7%) |
| Resigned | Michael John LYNE | 21 Nov 2012 | 06 May 2016 | Safety Advisor | British | 0 - 4 | 0 (0.0%) |
| Resigned | Derek John MCMULLAN | 17 Nov 2010 | 25 Feb 2021 | Retired | British | 0 - 5 | 0 (0.0%) |
| Resigned | Simon Anthony BEST | 13 Nov 2009 | 29 Sep 2014 | Chief Executive Officer | British | 0 - 14 | 2 (14.3%) |
| Resigned | David Anthony HORTON | 22 Jul 2009 | 17 Nov 2010 | Retired | British | 0 - 6 | 2 (33.3%) |
| Resigned | Sebastian Paul GOLDIN | 01 Feb 2008 | 13 Nov 2009 | Company Director | British | 0 - 4 | 1 (25.0%) |
| Resigned | Alistair Richard CHEYNE | 02 Jan 2008 | 25 Feb 2016 | Retired Deputy Managing Direct | United Kingdom | 0 - 15 | 3 (20.0%) |
| Resigned | David Robertson KENWORTHY | 12 Jul 2007 | 22 Jul 2009 | Retired Chief Constable | British | 0 - 11 | 1 (9.1%) |
| Resigned | Simon Robert MCGUIRE | 03 Jun 2003 | 23 Dec 2015 | Banker | British | 1 - 11 | 1 (8.3%) |
| Resigned | John Hunter MAXWELL | 03 Sep 2002 | 06 Jun 2007 | Chartered Accountant | British | 1 - 15 | 0 (0.0%) |
| Resigned | Michael WARNER | 30 Nov 1999 | 12 Oct 2003 | Company Director | British | 0 - 9 | 1 (11.1%) |
| Resigned | John Michael ROBOTHAM | 28 Aug 1996 | 03 Sep 2002 | Company Director | British | 0 - 39 | 11 (28.2%) |
| Resigned | Christopher Thomas BULLOCK | 01 Jan 1995 | 19 Nov 2007 | Company Director | British | 0 - 6 | 0 (0.0%) |
| Resigned | Joseph William THOMAS | 15 Jul 1993 | 07 Nov 2007 | Company Director | British | 0 - 5 | 0 (0.0%) |
| Resigned | Malcolm Charles TOSH | 15 Jul 1993 | 02 Sep 2003 | Chartered Accountant | British | 0 - 6 | 1 (16.7%) |
| Resigned | Robert Byron PETERS | 31 Dec 1994 | British | 0 - 6 | 0 (0.0%) | ||
| Resigned | Michael PICKERING | 15 Jul 1993 | British | 0 - 3 | 0 (0.0%) | ||
| Resigned | John Michael ROBOTHAM | 03 Sep 2002 | British | 0 - 39 | 11 (28.2%) |
Average tenure of active directors: 2.3 years
Average tenure of resigned directors: 4.5 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
|
Name
|
|||
|---|---|---|---|
| INSTITUTE OF ADVANCED MOTORISTS LIMITED(THE) (00562530) - Active | ✔ | ||
| IAM GROUP SERVICES LTD. (00650927) - Active | ✔ | ||
| IAM DRIVE & SURVIVE LIMITED (02019635) - Active | ✔ | ✔ | |
| POHWER (03323040) - Active | ✔ | ||
| TOGETHER COLLECTIVE (03895574) - Active | ✔ | ||
| IAM ROADSMART LIMITED (04442621) - Active | ✔ | ||
| PROFESSIONAL DRIVER SERVICES LTD (04498365) - Active | ✔ | ||
| IAM MOTORING TRUST TRADING LIMITED (04616233) - Active | ✔ | ||
| THE INSTITUTE OF ADVANCED MOTORCYCLISTS LIMITED (05889513) - Active | ✔ | ||
| THE HEALTH AND EUROPE CENTRE (06276624) - Active | ✔ | ||
| MEDWAY COMMUNITY HEALTHCARE C.I.C. (07275637) - Active | ✔ | ||
| IAM DRIVER RETRAINING ACADEMY LIMITED (08248082) - Active | ✔ | ||
| CHESTNUT ASSOCIATES LTD (09564854) - Active | ✔ | ||
| BRIGHTER FUTURES FOR CHILDREN LIMITED (11293709) - Active | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
IAM DRIVE & SURVIVE LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
85530 Driving school activities)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| ALLIED DRIVING SCHOOLS LTD | LIVESTOCK MARKET, NETHERHAMPTON ROAD,, SALISBURY, WILTSHIRE, SP2 8RH | 03762774 | 2018-04-30 | 347,782 | 0 | |
| BMTC LIMITED | THE BRIDGEND MOTORCYCLE TRAINING CENTRE OFF - HORSEFAIR ROAD, WATERTON INDUSTRIAL ESTATE, BRIDGEND, MID GLAMORGAN, WALES, CF31 3YN | 08159643 | 2018-08-31 | 72,181 | 0 | |
| JOHN O'CONNOR DRIVING LIMITED | 23 CHURCH STREET, RICKMANSWORTH, HERTFORDSHIRE, WD3 1DE | 03714892 | 2018-03-31 | 56,907 | 0 | |
| BUS TRAINING LIMITED | 156 UXBRIDGE ROAD, HAYES, MIDDLESEX, ENGLAND, UB4 0JQ | 08783249 | 2017-11-30 | 52,134 | 0 | |
| HELEN SYMONS DRIVING LIMITED | UNIT 2 ORCHARD INDUSTRIAL ESTATE, LOWER UNION ROAD, KINGSBRIDGE, ENGLAND, TQ7 1EG | 10643104 | 2019-03-31 | 49,919 | 0 | |
| FISH SCHOOL OF MOTORING LTD | 1 NORTHOLT CLOSE, FARNBOROUGH, HAMPSHIRE, ENGLAND, GU14 6GH | 07293174 | 2017-11-30 | 48,797 | 0 | |
| KEVIN ALLEN TRAINING LIMITED | 23 CHURCH STREET, RICKMANSWORTH, HERTFORDSHIRE, UNITED KINGDOM, WD3 1DE | 07138603 | 2019-01-31 | 48,296 | 0 | |
| PB MOTO ACADEMY LTD | 146 WALTON DRIVE, HIGH WYCOMBE, ENGLAND, HP13 6TZ | 10045787 | 2018-03-31 | 45,565 | 0 | |
| ACCELERATE DRIVER TRAINING SOLUTIONS LIMITED | 2 MASON CLOSE, YATELEY, GU46 6BL | 07024822 | 2018-09-30 | 41,525 | 0 | |
| BEEDEE'S LIMITED | WEST MIDLANDS HOUSE, GIPSY LANE, WILLENHALL, WEST MIDLANDS, ENGLAND, WV13 2HA | 06043309 | 2018-03-31 | 39,627 | 0 | |
| DRIVING RISK MANAGEMENT LTD | 1 APPROACH ROAD, LONDON, ENGLAND, SW20 8BA | 06815634 | 2018-02-28 | 38,157 | 0 | |
| NIAS DRIVING SCHOOL LTD | 40 GROVELAND ROAD, SPEEN, NEWBURY, RG14 1SS | 05038453 | 2018-05-04 | 33,924 | 0 | |
| CHELSEA DRIVING SCHOOL LTD | 13 TANKERTON TERRACE, MITCHAM ROAD, CROYDON, ENGLAND, CR0 3HJ | 07839277 | 2018-06-30 | 32,897 | 0 | |
| SIGNAL DRIVING SCHOOL LTD | 42 TANDRIDGE GARDENS, SOUTH CROYDON, SURREY, CR2 9HU | 05859827 | 2018-03-31 | 29,779 | 0 | |
| SIMPLY AUTOMATIC LIMITED | 2 THE PRECINCT, REST BAY, PORTHCAWL, MID GLAMORGAN, CF36 3RF | 06427288 | 2018-09-30 | 28,180 | 0 | |
| PASSMASTER DRIVING TUITION LIMITED | 5 SMALLWOOD FORGE, SMALLWOOD, SANDBACH, ENGLAND, CW11 2UF | 02965894 | 2018-06-30 | 26,456 | 0 | |
| SPADENEXT LIMITED | 14 NORTH GROVE, RYTON, TYNE AND WEAR, NE40 3JJ | 04611714 | 2018-03-31 | 26,038 | 0 | |
| A & S DRIVER TRAINING LIMITED | THE HOLLIES HOE LANE, PEASLAKE, GUILDFORD, SURREY, UNITED KINGDOM, GU5 9SW | 09595918 | 2019-05-31 | 24,110 | 0 |
85590-Other education not elsewhere classified 85600-Educational support services |
| CHEQUERED FLAG LTD. | 487 MANCHESTER ROAD, BURY, LANCASHIRE, BL9 9SH | 08506595 | 2018-04-30 | 23,970 | 0 | |
| OPTIMUS SCHOOL OF MOTORING LIMITED | 51 ROCKBOURNE ROAD, SHERFIELD ON LODDON, HOOK, HAMPSHIRE, RG27 0AF | 07026565 | 2019-09-30 | 21,974 | 0 | |
| THE BIG RED L COMPANY LIMITED | 29 LIMES ROAD, FOLKESTONE, KENT, CT19 4AU | 04593431 | 2019-03-31 | 21,131 | 0 | |
| PRIMO DRIVING SCHOOL LIMITED | FLAT 4 CHINE WALK HOUSE, 66 ALUM CHINE ROAD, BOURNEMOUTH, ENGLAND, BH4 8DZ | 07591648 | 2018-04-30 | 20,570 | 0 | |
| THE EDINBURGH DRIVING SCHOOL LIMITED | ANDERSON BALLANTINE, 18D TOWER MAINS STUDIOS, 18D LIBERTON BRAE, EDINBURGH, EH16 6AE | SC327025 | 2017-10-31 | 20,416 | 0 | |
| DRIVE RIGHT SCHOOL OF MOTORING LTD | 40 GRANGE AVENUE, LUTON, BEDS, LU4 9AT | 06506770 | 2019-02-28 | 19,780 | 0 | |
| HUNTMILL TRANSPORT TRAINING LIMITED | 38 DE MONTFORT STREET, LEICESTER, LE1 7GS | 08771432 | 2018-11-30 | 19,559 | 0 | |
| FOUNTAIN DRIVING SCHOOL LUTON LTD | 153 PRIMROSE CLOSE, LUTON, LU3 1EZ | 08186851 | 2018-08-31 | 17,801 | 0 | |
| A & N GIBBINS LTD | WOODSIDE, 199 UPPER HALLIFORD ROAD, SHEPPERTON, MIDDLESEX, TW17 8SN | 06921460 | 2019-05-04 | 11,843 | 0 | |
| DRIVING FORCE TRAINING LTD | 29 STATION ROAD, NAILSEA, BRISTOL, ENGLAND, BS48 4PD | 07568097 | 2018-06-30 | 11,710 | 0 | |
| LOW PRICE LESSONS LTD | 236 CANONGATE, EDINBURGH, EH8 8AB | SC356988 | 2018-03-31 | 5,823 | 0 | |
| THE SKYS THE LIMIT DRIVING SCHOOL LTD | 7 MOORLAND CLOSE, OSBALDWICK, YORK, ENGLAND, YO10 3PS | 10088052 | 2018-03-31 | 3,360 | 0 | |
| CLAPHAM DRIVING SCHOOL LTD | 13 TANKERTON TERRACE, MITCHAM ROAD, CROYDON, ENGLAND, CR0 3HJ | 10482900 | 2018-11-30 | 705 | 0 | |
| CHEQUERED FLAG TRAINING NETWORK LIMITED | 37 ASCOT CRESCENT, ASCOT CRESCENT, STEVENAGE, HERTFORDSHIRE, SG1 5SS | 05303305 | 2018-12-31 | 435 | 0 | |
| CBT WALES LIMITED | 24 COEDFAN, SKETTY, SWANSEA, SA2 8NS | 06131595 | 2018-04-29 | 0 | 0 | |
| DRIVING COACH LTD | 95 RAINFORD ROAD, WINDLE, ST. HELENS, ENGLAND, WA10 6DG | 09743963 | 2018-08-31 | 0 | 0 | |
| MOTORCYCLE TRAINING (WALES) LIMITED | 24 COEDFAN, SKETTY, SWANSEA, SA2 8NS | 05413278 | 2018-04-29 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
| Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
|---|---|---|---|---|
| IAM DRIVE & SURVIVE LIMITED | 0.7% | 3.6% | 7.1% | Medium |
| Other companies Active in the same sector | 0.6% | 4.5% | 6.7% | Medium |
| Age | 0.3% | 1.3% | 2.4% | Medium |
| Company Type | 0.7% | 3.7% | 7.4% | Medium |
| Accounts category | 0.5% | 1.5% | 2.8% | Medium |
| Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
