# TETE DRIVE LTD (14085529)

> TETE DRIVE LTD is an active private limited company (company number 14085529) incorporated on 4 May 2022, registered in Birmingham. Its registered activity is freight transport by road (SIC 49410). Latest small accounts cover the period ending 31 May 2026, showing net assets of £1,986 and cash of £1,702, with 2 employees on average. Net assets fell 28% on the prior period (£2,765). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2022-05-04
- Registered office: Birmingham, B24 9RE
- SIC 49410: Freight transport by road
- Next accounts due: 2028-02-29
- Confirmation statement due: 2027-05-18
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 3,234 comparable companies in Birmingham (median £1,744, upper quartile £12k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-05-31 | £1,986 | £1,702 | £2,229 | £1,945 | — | — | 2 |
| 2025-05-31 | £2,765 | £2,143 | £1,214 | £592 | — | — | 2 |
| 2024-05-31 | £1,509 | £2,345 | £0 | £836 | — | — | 1 |

current ratio 2.02; net assets trend volatile; size band micro.

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

- Net assets above zero: Net assets £1,986 at 31 May 2026
- Net assets down 25% or more on the prior period: -28.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.02
- Three or more accounting periods on record: 3 periods on record
- Incorporated two to five years ago: Incorporated 4 May 2022

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

## Persons with significant control

- Mr Sergiu Neculai — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2022-05-04

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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/14085529
HTML: https://firmoscan.com/company/14085529-tete-drive-ltd