DRIVE HOLDINGS 2015 LIMITED
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Cash
£285k
+5,600% vs 2024
Net assets
£18m
+0.7% highest in 3 filed years
Employees
784
-1.4% lowest in 3 filed years
Profit before tax
£2.3m
+1,465.7% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £372,014,000 | £350,583,000 | £377,139,000 | +7.6% | |
| Operating profit | £2,290,000 | £3,200,000 | £5,057,000 | +58% | |
| Profit before tax | £37,000 | -£166,000 | £2,267,000 | +1,465.7% | |
| Net profit | -£43,000 | -£519,000 | £929,000 | +279% | |
| Cash | £415,000 | £5,000 | £285,000 | +5,600% | |
| Total assets less current liabilities | £28,810,000 | £28,173,000 | £29,388,000 | +4.3% | |
| Net assets | £17,596,000 | £17,876,000 | £18,005,000 | +0.7% | |
| Equity | £17,596,000 | £17,876,000 | £18,005,000 | +0.7% | |
| Average employees | 806 | 795 | 784 | -1.4% | |
| Wages | £27,052,000 | £29,195,000 | £29,653,000 | +1.6% | |
| Directors' remuneration | £952,000 | £1,025,000 | £1,024,000 | -0.1% | |
| Highest paid director | £477,000 | £514,000 | £519,000 | +1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.6% | 0.9% | 1.3% | |
| Net margin | -0.0% | -0.1% | 0.2% | |
| Return on capital employed | 7.9% | 11.4% | 17.2% | |
| Gearing (liabilities / total assets) | 83.6% | 84.1% | 85.8% | |
| Current ratio | 1.03x | 0.98x | 0.94x | |
| Interest cover | 1.02x | 1.42x | 1.81x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- DRIVE HOLDINGS 2015 LIMITED · parent
- Drive Contact Centre LLP 97%
- Drive Investments Limited 100%
- Drive Motor Properties LLP 100%
- Drive Motor Retail Limited 100%
- Sterling Motor Properties Limited 100%
- Minstergate Limited 100%
Significant events
- “On 16 July 2026, Drive Holdings 2015 Limited guaranteed all outstanding liabilities that Sterling Motor Properties Limited and Drive Contact Centre LLP was subject to at 31 December 2025. The potential amount identified as outstanding for Sterling Motor Properties Limited and Drive Contact Centre LLP, at the date the guarantee was provided, was £nil and £7k respectively.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KATECHIA, Hitesh | Secretary | 2026-07-06 | — | — |
| BESSEX, Stephen Thomas | Director | 2015-02-26 | Apr 1957 | British |
| KATECHIA, Hitesh | Director | 2026-07-06 | Dec 1966 | British |
| MANNING, Richard Paul | Director | 2015-02-26 | Dec 1954 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARRISON, Stuart James | Secretary | 2016-07-26 | 2026-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Richard Paul Manning | Individual | Significant influence | 2016-06-01 | Active |
| Mr Stephen Thomas Bessex | Individual | Significant influence | 2016-06-01 | Active |
Filing timeline
Last 20 of 40 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-03-04 MA Memorandum articles
- 2022-03-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-03 | AA | accounts | Accounts with accounts type group | |
| 2026-07-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-02 | AA | accounts | Accounts with accounts type group | |
| 2025-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type group | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type group | |
| 2022-03-04 | MA | incorporation | Memorandum articles | |
| 2022-03-04 | RESOLUTIONS | resolution | Resolution | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-30 | AA | accounts | Accounts with accounts type group | |
| 2021-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-17 | AA | accounts | Accounts with accounts type group | |
| 2020-03-16 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-03-16 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.