DRIVE RIGHT SCHOOL OF MOTORING LTD

40 GRANGE AVENUE, LUTON, BEDS, LU4 9AT

Company Number: 06506770
Incorporation date: 18-Feb-2008
Status: Active - Proposal to Strike off
Entity type: Private Limited Company

SIC codes:
85530 Driving school activities





SUMMARY

This company is 16.3 years old and is currently active - proposal to strike off. It is controlled by Mr David Wyatt. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 27.1 thousand which has increased from GBP -10.4 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that Net Profit (less dividends) was GBP 37.5 thousand in the last reported period. . 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: 30-Nov-2023
Accounts Filed: TOTAL EXEMPTION FULL (28-Feb-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
28-Feb-2018 GBP 19,780 693 131 562
28-Feb-2017 GBP 21,886 708 142 566
28-Feb-2016 GBP 24,292 -2,295 -2,295
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
28-Feb-2022 GBP 20,169 20,169 1 27,139 27,140
28-Feb-2021 GBP 1,914 1,914 12,296 1 -10,383 -10,382
29-Feb-2020 GBP 930 930 7,272 1 -6,343 -6,342
28-Feb-2019 GBP 1,042 1,042 113 1 928 929
28-Feb-2018 GBP 693 693 131 1 561 562
28-Feb-2017 GBP 709 709 142 1 566 567
28-Feb-2016 GBP 547 547 2,950 1 -2,404 -2,403
28-Feb-2015 GBP 10,039 10,039 10,147 1 -109 -108
28-Feb-2014 GBP 2,919 2,919 13,066 1 -10,148 -10,147
28-Feb-2013 GBP 7,046 7,469 20,535 1 -13,067 -13,066
28-Feb-2012 GBP 1,471 1,471 9,585 1 -8,115 -8,114

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
unknown Antonia STACHOVA 10 Jun 2013 13 Jun 2024 0 - 1
Resigned Linda ROBINSON 01 Nov 2009 10 Jun 2013 British 0 - 1
Resigned Florence WYATT 18 Feb 2008 01 Nov 2009 British 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Mark David WYATT 26 Oct 2015 21 Sep 2016 Company Director English 0 - 32 (66.7%)
Resigned? David WYATT 18 Feb 2008 Driving Instructor English 0 - 11 (100.0%)
No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

DRIVE RIGHT SCHOOL OF MOTORING LTD

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 - Proposal to Strike off. Statistically, such companies have a VERY HIGH 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
Company status 71.1% 73.9% 76.8% High
Other companies Active in the same sector 0.6% 4.5% 6.7% Medium
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 2.1% 5.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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