Driveden Ltd

Driveden Ltd from Eastleigh UK: small company, active status, founded 14 years ago, 9 employees, £502,660 assets, real address, 2 directors, 2 owners, family business. Regular importer of vehicles, parts, and accessories (not for trains or trams) (40 months imported). Irregular exporter of various textile products, sets, used clothing, and rags (1 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £502,660.

Driveden Ltd is a leading online retailer of high-quality car accessories, specialising in tailored products for a range of vehicles. The company’s website showcases a wide selection of roof bars, roof boxes, bike racks, car mats, and other travel accessories, catering to both commercial and personal use. It appears to be primarily an e-commerce business, with no mention of a physical store. The site features a vehicle selector tool, allowing customers to find compatible parts and accessories based on their car’s make, model, and year. There's also a blog with helpful advice and installation guides, reinforcing the company's expertise. The site is well-designed and user-friendly, with a focus on clear product descriptions and competitive pricing.

Financially, Driveden Ltd’s recent performance presents a mixed picture. While cash reserves have declined significantly by 65% to £16,000, indicating a possible need for cash flow management, creditors have decreased by 5.7% to £670,000, suggesting improved debt management. However, a more concerning trend is the substantial drop in net assets, which plummeted 130% to -£35,000, and a 25% decrease in current assets to £500,000. The increase in bank borrowings by 2,400% to £29,000 is also noteworthy. The company’s directors have increased their specific advances by 12,000, while repaying only 99 pounds. With no auditor mentioned, the financial statements are unaudited. The company is likely exempt from an audit due to its small size.

Registered in England/Wales under the registration number 07410763, with a registered address at SO53 4ND, United Kingdom, Eastleigh, Hampshire, Unit 5 Reliant Close, Chandlers Ford.

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