DRIVE HEALTHCARE LIMITED

Executive Summary

DRIVE HEALTHCARE LIMITED is a newly incorporated micro-entity with no recorded financial transactions or operational activity in its first year. While compliant with statutory filings, the absence of financial data and employees indicates high solvency and liquidity risk with limited evidence of established operations. Further due diligence is required to evaluate the company’s business plans and prospects for sustainable activity.

DRIVE HEALTHCARE LIMITED - Analysis Report

Company Number: 14849042

Analysis Date: 2025-07-29 17:39 UTC

1. Risk Rating: HIGH
   The company shows no financial activity, assets, or liabilities since incorporation in May 2023 to the latest accounts date (May 2024). With zero reported assets, liabilities, or employees, DRIVE HEALTHCARE LIMITED appears not to have commenced substantive operations, raising significant concerns about its operational viability and financial sustainability.

2. Key Concerns:

• Lack of Financial Activity: The micro-entity accounts report zero fixed assets, current assets, liabilities, and net assets, indicating no trading or financial transactions within the first year.
• No Employees or Operational Data: The company reports no employees and no indication of revenue or expenses, which questions ongoing business activity and sustainability.
• Single Shareholder Control: 100% ownership and control by one individual may limit governance oversight and increase risk if operations are not transparent or adequately managed.

3. Positive Indicators:

• Compliance with Filings: The company is current with its accounts and confirmation statement filings, suggesting adherence to regulatory requirements despite lack of financial activity.
• Active Status Without Overdue Filings: No overdue accounts or returns imply administrative discipline and no immediate regulatory sanctions.
• Clear Ownership and Control: The person with significant control is identified, which facilitates accountability and transparency in governance.

4. Due Diligence Notes:

• Verify the company’s business plan, funding sources, and timeline for commencing operations to assess future viability.
• Investigate any off-balance-sheet arrangements or related party transactions that may not appear in the micro-entity accounts.
• Confirm whether the company holds any licenses, contracts, or assets not reflected in the filed accounts that support future business activity.