Drivalia Uk Ltd

Drivalia UK Ltd, based in Slough, is a sizable company with an active status, having been incorporated twelve years ago in 2012. Employing 120 people, it boasts substantial assets of £8,982,338 and generates an impressive £36,457,026 in yearly revenue. The company’s real address is registered at SL1 4DX, Slough, 250 Bath Road, and is managed by four directors, though curiously, there are no officially listed owners. It operates as an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded one month ago in October 2023.

The company’s website paints a picture of a car rental and mobility solutions provider. Drivalia UK Ltd offers a wide range of vehicles, from economical city cars to spacious people carriers and executive models, catering to both short-term rentals and longer-term subscriptions. It also has a van rental division and promotes its services to corporate clients. The site highlights its commitment to sustainability, with electric car sharing options and a focus on green mobility. It’s clear the business is aiming to be more than just a car rental company, positioning itself as a provider of flexible mobility solutions.

Financially, Drivalia UK Ltd presents a mixed picture. While turnover increased by a healthy 15%, reaching £36,457,026, several key metrics show signs of pressure. Cash bank on hand increased dramatically, rising by 310%, to £2,000,000, which could be a sign of a temporary influx of capital or a strategy to manage short-term liabilities. However, net assets declined significantly, falling 71% to £6,200,000, and bank borrowings surged by 2,400%, reaching £29,000. Creditors decreased by 18%, which is a positive sign. The company’s size—meeting two of three criteria to be considered large—allows for agility, but the equity drop raises concerns. The lack of an auditor mentioned suggests the company is exempt, and the financial statements are unaudited.

The company’s shift in directors three months ago could indicate restructuring or a change in strategy. The irregular import activity suggests a focus on specific product lines, potentially driven by market demand or supplier relationships. Overall, Drivalia UK Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 08272510, with a registered address at SL1 4DX, Slough, 250 Bath Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.