SPRING DRIVE LIMITED

Company number 10155807 · Active

SPRING DRIVE LIMITED is a private limited company registered in ELSTREE, United Kingdom, incorporated on 29 Apr 2016. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 30 Apr 2025 show equity of −£398k, total assets of £2,085. It has filed 7 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Region3.5×WD · 0.41 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % 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
Employees0.4×0–1 · 0.05 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Cash ÷ assets0.9×0.578498–0.951833 · 0.10 % 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
10155807 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
29 Apr 2016 (11 years)
Registered address
WD6 4PJ ELSTREE
Postcode area
Watford
Activity
45112 Sale of used cars and light motor vehicles
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Apr 202515 Jan 2026– –−£398k£2,085 £1.2m£1,7440
30 Apr 202415 Jan 2025– –−£347k£15k £1.1m£14k1
30 Apr 202315 Jan 2024– –−£326k£6,167 £1.5m£3,4311
30 Apr 202215 Jan 2023– –−£299k£2,310 £1.2m£1,9241
30 Apr 202115 Jan 2022– –−£254k£3,655 £1.0m£3,2701
30 Apr 202015 Apr 2021– –−£205k£3,356 £1.2m£2,8991
30 Apr 201915 Jan 2020– –−£158k£4,190 £957k£3,902–

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

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Questions about SPRING DRIVE LIMITED

What is the company number of SPRING DRIVE LIMITED?

SPRING DRIVE LIMITED is registered under company number 10155807 in the official register of United Kingdom. View it at the official register.

Is SPRING DRIVE LIMITED still active?

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

Has SPRING DRIVE LIMITED gone bankrupt or into insolvency?

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

How likely is SPRING DRIVE LIMITED to become insolvent?

Our model estimates a 0.00 % probability that SPRING DRIVE LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was SPRING DRIVE LIMITED founded?

SPRING DRIVE LIMITED was incorporated on 29 Apr 2016.

Where is SPRING DRIVE LIMITED registered?

SPRING DRIVE LIMITED's registered address is in WD6 4PJ ELSTREE (Watford), United Kingdom.

What do the latest accounts of SPRING DRIVE LIMITED show?

The latest published accounts (period ending 30 Apr 2025) show equity of −£398k, total assets of £2,085, 0 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 8 Nov 2026.