IAM DRIVE & SURVIVE LIMITED
Company number 02019635 · Monitor this company
Executive summary
IAM Drive & Survive Limited is fundamentally insolvent on a standalone basis, with net liabilities of £1.26M, persistent trading losses, negligible tangible assets, and a working capital deficit that renders it entirely dependent on financial support from its parent charity, Institute of Advanced Motorists Limited. The company has zero employees, declining revenue, and a gross margin that has nearly halved, indicating a business with no independent capacity to service debt obligations. Any credit decision would require a parent company guarantee and separate assessment of the Institute of Advanced Motorists Limited's financial capacity; on a standalone basis, this entity must be declined.
Shareholders' funds
£1,385,490
Balance sheet as at 2023-03-31
What it does
The company is engaged in the provision of risk management and practical training in driving and driving-related matters, with particular emphasis on the road safety of company and other fleet drivers. It is expected that this activity will continue.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1986-05-14
- Employees
- 0 (2023 accounts)
- Registered office
- Orion House, Bessemer Road, Welwyn Garden City, England, AL7 1HH
- Postcode
- AL7 1HH
- Capital
- 125,000 GBP
- Accounts category
- Small
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2025-09-30
- Next due by
- 2026-10-14
Nature of business (SIC)
- 85530 Driving school activities
Officers 4 current · 35 resigned
Group structure 1 subsidiary
Controlled by INSTITUTE OF ADVANCED MOTORISTS LIMITED(THE) — since 2016-04-06
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — Z6635578 (Tier 1), registered since 2002.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
Previous company names
| Name | Date changed |
|---|---|
| I.A.M. FLEET TRAINING LIMITED | 2010-03-26 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 510 CHISWICK HIGH ROAD, LONDON, W4 5RG | 2016-12-19 |
| 359 CHISWICK HIGH ROAD, LONDON, W4 4HS | 2002-04-29 |
| 1A MARLBOROUGH ROAD, CHISWICK, LONDON, W4 4HS | 1995-12-08 |
Among its peers
Top 25%
by shareholders' funds, of 15 similar companies in AL
2nd oldest of its local peers, trading since 1986.
Competitors St. Albans
This company ranks 2 among driving school activities in St. Albans.
The class of 1986
50%
of the 18,365 companies incorporated in 1986 are still active today; 42% have since been dissolved.
A fact about the year, not a forecast for this company.