Active - Proposal to Strike off09930825Private limited companyAshington, Northumberland

DRIVERCO LTD

Owned by Colin Cowie (significant control)

Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved. Status as shown on the Companies House register at 31 August 2026; it may have changed since. Check the live record.
Companies HouseCompanies House

From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms

01

Summary

Generated from filed data · no estimates

DRIVERCO LTD is an active (proposal to strike off) private limited company (company number 09930825) incorporated on 29 December 2015, registered in Ashington, Northumberland. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 December 2025, showing net assets of £7,968, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 46% on the prior period (£15k). Across the last 3 periods on record the net-asset trend is falling.

Peer position · net assets

By net assets it sits in the upper half of 700 comparable companies in Newcastle (median £6,181, upper quartile £39k).

02

Key dates

Incorporated
29 December 201510 yrs ago
Next accounts due
30 September 2027in 343 days
Confirmation statement due
12 January 2027in 82 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 43210
Electrical installation
Accounts type
Micro Entity
Size band
MicroCompanies Act thresholds
04

Financials

3 periods on record · latest ending 31 December 2025
Net assets
£7,968
−46%vs Dec 2024
Cash at bank
Not reported
Turnover
Not disclosed
Employees
3
No changevs Dec 2024
Net assets
£7,968
Average employees
3
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 December 2025£7,968——£9,086——3
31 December 2024£15k——£6,530——3
31 December 2023£29k——£9,563——3
Current ratio0.71Current assets ÷ creditors within one year

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.

05

Filing and accounts signals

Facts from the register · no rating
  • Net assets above zeroNet assets £7,968 at 31 December 2025
  • Net assets down 25% or more on the prior period-45.9% vs prior period
  • Current assets below creditors within one yearCurrent ratio 0.71
  • Three or more accounting periods on record3 periods on record
  • Incorporated five or more years agoIncorporated 29 December 2015
  • Register status is not ActiveActive - Proposal to Strike off

Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.

06

Ownership and control

1 active
  • Mr Colin Cowie
    Individual · since 6 April 2016
    • has significant influence or control

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Next accounts duein 343 days
  2. Confirmation statement duein 82 days
  3. Accounts period endNet assets £7,968 · micro accounts
  4. Accounts period endNet assets £15k · micro accounts
  5. Accounts period endNet assets £29k · micro accounts
  6. Incorporated
08

Similar companies in Newcastle

Same activity (electrical installation), closest in incorporation date
09

Reminders for DRIVERCO LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.

Source: Companies House register, snapshot 2026-08-31; accounts from the Companies House accounts data product. Open Government Licence v3.0. View on Companies House. Methodology · About · Markdown.