−£370k
−728%vs May 2024Active12619766Private limited companyLondon
DRIVE CONCERN LTD
Significant control: Ruth Raizel Swart (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Drive Concern Ltd sell?
Registered activity: Other retail sale of food in specialised stores (SIC 47290). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
DRIVE CONCERN LTD is an active private limited company (company number 12619766) incorporated on 22 May 2020, registered in London. Its registered activity is other retail sale of food in specialised stores (SIC 47290). Latest abridged accounts cover the period ending 31 May 2025, showing net assets of −£370k and cash of £52k, with 3 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 728% on the prior period (£59k).
Peer position · net assets
By net assets it sits in the bottom quarter of 816 comparable companies in London (median £1,007, upper quartile £21k).
02
Ownership and control
- Ms Ruth Raizel Swart
- owns 25–50% of shares
- Mrs Leora Jane Erez
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 22 May 20206 yrs ago
- Next accounts due
- 28 February 2027in 128 days
- Confirmation statement due
- 5 June 2027in 225 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 47290
- Other retail sale of food in specialised stores
- Accounts type
- Unaudited Abridged
- Size band
- MicroCompanies Act thresholds
05
Financials
£52k
+52%vs May 2024Not disclosed
3
+50%vs May 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | −£370k | £52k | £94k | £586k | — | — | 3 |
| 31 May 2024 | £59k | £35k | £92k | £103k | — | — | 2 |
Current ratio0.25Current assets ÷ creditors within one year
Cash per employee£17kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-369,525 at 31 May 2025
- Net assets down 25% or more on the prior period-727.7% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.25
- Cash at bank of £50,000 or moreCash £52,349
- Incorporated five or more years agoIncorporated 22 May 2020
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.
07
Timeline
- Confirmation statement duein 225 days
- Next accounts duein 128 days
- Accounts period endNet liabilities £370k · abridged accounts
- Accounts period endNet assets £59k · abridged accounts
- Incorporated
08
Similar companies in London
- NUT DROPS LTDLondon · inc. May 2020
- HOMESLICE T&B LIMITEDLondon · inc. May 2020
- THE SPANISH CHEF LTDLondon · inc. May 2020
- POWELL'S CREAMERY LTDMiddlesex · inc. May 2020
- HOYO MACAN LIMITEDLondon · inc. May 2020
- XPRESS WHOLE FOODS LIMITEDLondon · inc. May 2020
All companies incorporated on 22 May 2020 · in May 2020.
09
Reminders for DRIVE CONCERN LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.