DRIVE BY LTD

Company number 15650029 · Active

DRIVE BY LTD is a private limited company registered in MIDDLESBROUGH, United Kingdom, incorporated on 16 Apr 2024. 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 −£13k, total assets of £16k, turnover of £36k, a result of −£13k. It has filed 1 set of accounts. 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 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees3.1×3–8 · 0.36 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Loss2.7×1 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Turnover (log)0.3×3.94176–4.75479 · 0.03 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent
Late filings0.8×0–1 · 0.09 % 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
15650029 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
16 Apr 2024 (3 years)
Registered address
TS5 6EF MIDDLESBROUGH
Postcode area
Cleveland
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£36k −£13k−£13k£16k £8,665–3

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

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Questions about DRIVE BY LTD

What is the company number of DRIVE BY LTD?

DRIVE BY LTD is registered under company number 15650029 in the official register of United Kingdom. View it at the official register.

Is DRIVE BY LTD still active?

Yes. DRIVE BY LTD is registered as active (status: Active).

Has DRIVE BY LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for DRIVE BY LTD in the official data.

How likely is DRIVE BY LTD to become insolvent?

Our model estimates a 0.00 % probability that DRIVE BY LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was DRIVE BY LTD founded?

DRIVE BY LTD was incorporated on 16 Apr 2024.

Where is DRIVE BY LTD registered?

DRIVE BY LTD's registered address is in TS5 6EF MIDDLESBROUGH (Cleveland), United Kingdom.

What do the latest accounts of DRIVE BY LTD show?

The latest published accounts (period ending 30 Apr 2025) show equity of −£13k, total assets of £16k, turnover of £36k, a result of −£13k, 3 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.