DRIVVN LTD
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Cash
£2.5M
-15.8% vs 2024
Net assets
£3.2M
-39.3% vs 2024
Employees
57
+16.3% vs 2024
Profit before tax
-£2M
-95.9% vs 2024
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £8,658,682 | £8,432,615 | -2.6% | |
| Operating profit | -£635,357 | -£1,642,101 | -158.5% | |
| Profit before tax | -£1,028,022 | -£2,013,560 | -95.9% | |
| Net profit | -£1,057,648 | -£2,044,839 | -93.3% | |
| Cash | £3,007,637 | £2,533,844 | -15.8% | |
| Total assets less current liabilities | £5,199,455 | £3,154,616 | -39.3% | |
| Net assets | £5,199,455 | £3,154,616 | -39.3% | |
| Equity | £5,199,455 | £3,154,616 | -39.3% | |
| Average employees | 49 | 57 | +16.3% | |
| Wages | £4,515,721 | £5,225,567 | +15.7% | |
| Directors' remuneration | £605,724 | £676,912 | +11.8% |
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 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | -7.3% | -19.5% | |
| Net margin | -12.2% | -24.2% | |
| Return on capital employed | -12.2% | -52.1% | |
| Gearing (liabilities / total assets) | 62.9% | 70.2% | |
| Current ratio | 0.68x | 0.57x | |
| Interest cover | -1.62x | -4.42x |
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
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the company's forecasts prepared until 31st December 2026, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future covering the going concern assessment period to 30th November 2026. At 31.7.25, the company had net current liabilities of £3,174,757, net assets of £3,154,616 and an operating loss of £1,642,101. The Company has received written confirmation from TCC Global N.V. (the "parent") that the parent will provide any necessary financial support, as and when required, to the Company in order to allow the Company to settle its liabilities as they fall due and continue in business until 30th November 2026. This will include, but is not limited to, not demanding repayment of the loan amount owing to the parent for a period of at least 12 months from the date of these financial statements. On this basis the financial statements have been prepared on a going concern basis.”
Significant events
- “Drivvn Ltd's 100% owned subsidiary, Drivvn (CZ) Ltd was dissolved on 29 July 2025.”
- “The financial year ended 31.7.25 presented challenging market conditions for Drivvn with budget pressure across key enterprise customers. Despite this, Drivvn continued to grow the number of eCommerce channels powered by its platform with a net increase in the number of new channels.”
- “Drivvn also expanded its number of leasing customers by delivering a new B2B eCommerce capability to support large corporate customers with full online vehicle purchasing. Additionally, Drivvn continued to add new retailers to its pilot retail programme alongside investing in R&D initiatives to integrate generative AI into its eCommerce proposition.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALKER, Olivia Alexandra | Secretary | 2020-06-19 | — | — |
| ADAMS, David Leslie | Director | 2022-10-01 | Jun 1956 | Canadian |
| ASHFORD, George Oliver | Director | 2025-10-01 | Feb 1968 | British |
| BASTINGS, Ralph Joost Edwin | Director | 2022-03-04 | Nov 1973 | Dutch |
| LEONARD, Christopher Paul | Director | 2025-10-06 | Jan 1980 | British |
| WALKER, Olivia | Director | 2022-02-08 | Mar 1983 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Peter Keyes | Director | 2022-10-01 | 2025-04-30 |
| HAY, Simon | Director | 2021-02-01 | 2022-03-04 |
| HERRICK, Kathryn Louise | Director | 2020-06-19 | 2021-11-08 |
| RACKARD, James Joseph | Director | 2020-06-19 | 2021-02-01 |
| SHAHI, Anuroop | Director | 2022-10-01 | 2026-03-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Continuity Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-06-19 | Active |
Filing timeline
Last 20 of 34 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-16 MA Memorandum articles
- 2025-07-03 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | AA | accounts | Accounts with accounts type full | |
| 2025-10-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-05 | SH01 | capital | Capital allotment shares | |
| 2025-07-16 | SH02 | capital | Capital alter shares subdivision | |
| 2025-07-16 | MA | incorporation | Memorandum articles | |
| 2025-07-15 | SH02 | capital | Capital alter shares subdivision | |
| 2025-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-11 | AA | accounts | Accounts with accounts type full | |
| 2024-11-27 | AUD | auditors | Auditors resignation company | |
| 2024-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-18 | AA | accounts | Accounts with accounts type full | |
| 2023-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-02 | CH01 | officers | Change person director company with change date | |
| 2023-05-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 3
- 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.