# DRIVE ELECTRICAL LIMITED (12146441)

> DRIVE ELECTRICAL LIMITED is an active private limited company (company number 12146441) incorporated on 8 August 2019, registered in Chester Le Street. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 August 2025, showing net assets of −£30k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 22% on the prior period (−£39k).

- Status: Active
- Incorporated: 2019-08-08
- Registered office: Chester Le Street, DH2 3HZ
- SIC 43210: Electrical installation
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-22
- Accounts type: MICRO ENTITY

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

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | −£30k | — | — | £62k | — | — | 0 |
| 2024-08-31 | −£39k | — | — | £83k | — | — | 0 |

current ratio 0.55; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-30,337 at 31 August 2025
- Net assets up 10% or more on the prior period: +22.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.55
- Incorporated five or more years ago: Incorporated 8 August 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr David James Johnson — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2019-08-08
- Mr Robert Ernest Everitt — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2019-08-08

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12146441
HTML: https://firmoscan.com/company/12146441-drive-electrical-limited