Driveline Systems Limited

Driveline Systems Limited, based in Sandy, UK, is a small, active company founded 29 years ago in 1995. With £147,118 in assets, it operates from a real address and is led by two directors and a single owner—the solo founder. The business regularly imports machinery, boilers, and mechanical appliances, with a notable 19-month history of import activity concluding in February 2022.

The company’s website is minimal, offering little insight beyond its core business. It appears to operate primarily as a supplier of hydraulic equipment, with no obvious e-commerce presence. It's clear they are focused on B2B sales rather than direct consumer interaction.

Financially, Driveline Systems Limited presents a mixed picture. While cash reserves have increased significantly by 440% to £26,000, net current assets and liabilities have decreased by 10%, settling at -£92,000. Trade debtors have also seen a sharp decline, dropping 86% to just £2,300, which could indicate a shift in payment terms or potentially, difficulties in collecting outstanding invoices. Creditors, however, have decreased by 3.5%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the substantial equity decline warrants closer scrutiny. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The company’s focus on importing specialized equipment, combined with its long-standing presence, suggests a stable, albeit modest, operation. However, the financial trends indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 03107589, with a registered address at SG19 1QY, Sandy, Bedfordshire, 60 Sunderland Road.

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