# LATENT DRIVE LTD (12431870)

> LATENT DRIVE LTD is an active private limited company (company number 12431870) incorporated on 29 January 2020, registered in Dorchester. Its registered activity is production of electricity (SIC 35110). Latest micro accounts cover the period ending 31 March 2026, showing net assets of −£29k, with 5 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 61% on the prior period (−£74k).

- Status: Active
- Incorporated: 2020-01-29
- Registered office: Dorchester, DT2 8ZB
- SIC 35110: Production of electricity
- SIC 72190: Other research and experimental development on natural sciences and engineering
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-02-12
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,239 comparable companies in Other (median £100, upper quartile £106k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | −£29k | — | — | £31k | — | — | 5 |
| 2025-03-31 | −£74k | — | — | £26k | — | — | 4 |

current ratio 3.74; size band micro.

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

- Net assets below zero: Net assets £-28,571 at 31 March 2026
- Net assets up 10% or more on the prior period: +61.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.74
- Incorporated five or more years ago: Incorporated 29 January 2020

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

## Persons with significant control

- Mr Frazer Ely — owns 75–100% of shares; holds 75–100% of voting rights, since 2020-01-29
- Mr Joseph Ely — owns 25–50% of shares, since 2022-04-01

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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/12431870
HTML: https://firmoscan.com/company/12431870-latent-drive-ltd