Start And Drive Ltd

Start And Drive Ltd from Fleet UK: a small, active company founded 14 years ago, boasts £222,682 in assets and operates from a real address. With a solo founder, one director, and a single owner, it runs an e-commerce site and regularly imports plastics and plastic products—six months of import activity recorded, the last in October 2023. The company’s activities encompass non-specialised wholesale trade and retail sales via mail order and internet.

The website, Start and Drive Ltd, features a range of products, including baby safety items like plug socket protectors and corner cushions, umbrellas, and bicycles. It's a destination for parents and those seeking practical home and outdoor essentials. The site’s layout is a little clunky, and there’s a loading error message, but it’s clear the company is trying to offer a wide selection of goods at competitive prices.

Financially, Start and Drive Ltd shows some concerning trends. While bank borrowings decreased by 15%, cash reserves increased by 25% to £33,000, and current assets grew by 12%, net assets remained negative at -£24,000. Creditors, however, rose significantly by 16%, and trade debtors jumped to £7,900—a substantial increase. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the negative equity is a worry. There’s no mention of an auditor, which is typical for a small, exempt company.

Overall, Start and Drive Ltd appears to be navigating a challenging financial landscape. While the e-commerce operation is active, the company’s negative equity suggests it’s burning through money. Whether it can turn things around will depend on its ability to manage costs and increase sales—and perhaps diversify its product offerings.

Registered in England/Wales under the registration number 07314414, with a registered address at GU52 0YY, England, Fleet, 83 Browning Road, Church Crookham.

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