DRIVELECTRIC LIMITED

Company number 04348519 · Active

DRIVELECTRIC LIMITED is a private limited company registered in WOODFORD GREEN, United Kingdom, incorporated on 7 Jan 2002. Its registered activity is management consultancy activities other than financial management. Its latest published accounts for the period ending 28 Feb 2025 show equity of £208, total assets of £7,256. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Industry0.7×70 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
04348519 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
7 Jan 2002 (25 years)
Registered address
IG8 0XA WOODFORD GREEN
Postcode area
Ilford
Activity
70229 Management consultancy activities other than financial management
Industry
Head offices; management consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
28 Feb 202515 Nov 2025– –£208£7,256 £6,448–1
28 Feb 202415 Nov 2024– –£35£15k £13k–1
28 Feb 202315 Nov 2023– –£54£14k ––1
28 Feb 202215 Nov 2022– –£193£14k £14k–1
28 Feb 202115 Nov 2021– –£46£16k £16k–1
28 Feb 202015 Feb 2021– –£2,574£20k £18k–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Ilford

Questions about DRIVELECTRIC LIMITED

What is the company number of DRIVELECTRIC LIMITED?

DRIVELECTRIC LIMITED is registered under company number 04348519 in the official register of United Kingdom. View it at the official register.

Is DRIVELECTRIC LIMITED still active?

Yes. DRIVELECTRIC LIMITED is registered as active (status: Active).

Has DRIVELECTRIC LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for DRIVELECTRIC LIMITED in the official data.

How likely is DRIVELECTRIC LIMITED to become insolvent?

Our model estimates a 0.01 % probability that DRIVELECTRIC LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was DRIVELECTRIC LIMITED founded?

DRIVELECTRIC LIMITED was incorporated on 7 Jan 2002.

Where is DRIVELECTRIC LIMITED registered?

DRIVELECTRIC LIMITED's registered address is in IG8 0XA WOODFORD GREEN (Ilford), United Kingdom.

What do the latest accounts of DRIVELECTRIC LIMITED show?

The latest published accounts (period ending 28 Feb 2025) show equity of £208, total assets of £7,256, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.