DRIVE SYSTEMS LIMITED

Active Preston

Manufacture of other electrical equipment

5 employees website.com
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Manufacture of other electrical equipment
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DRIVE SYSTEMS LIMITED

Manufacture of other electrical equipment

Founded 14 Jul 1983 Active Preston, United Kingdom 5 employees website.com
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Manufacture of other electrical equipment

Previous Company Names

RIDGEWADE SERVICES LIMITED 14 Jul 1983 — 8 Jan 1986
Accounts Submitted 17 Nov 2025 Next due 31 Dec 2026 8 months remaining
Confirmation
Net assets £946K £399K 2024 year on year
Total assets £1M £642K 2024 year on year
Total Liabilities £334K £243K 2024 year on year
Charges 1
1 satisfied

Contact & Details

Contact

Registered Address

A29 Red Scar Business Park Longridge Road Preston Lancashire PR2 5NA

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for DRIVE SYSTEMS LIMITED (01739572), an active supply chain, manufacturing and commerce models company based in Preston, United Kingdom. Incorporated 14 Jul 1983. Manufacture of other electrical equipment. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2013–2024)

Cash in Bank

£673.96k

Increased by £361.93k (+116%)

Net Assets

£945.87k

Increased by £399.18k (+73%)

Total Liabilities

£334.03k

Increased by £243.06k (+267%)

Turnover

N/A

Employees

5

Debt Ratio

26%

Increased by 12 (+86%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (3)

Nigel Scott Campbell
60.0%
15,000
Simon Fenton
40.0%
10,000

Persons with Significant Control

Persons with Significant Control (3)

3 Active 3 Ceased

Mr Simon Fenton

British

Active
Notified 12 Nov 2025
Residence England
DOB January 1964
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent
Active
Notified 2 Apr 2026
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Nigel Scott Campbell

British

Active
Notified 18 Feb 2024
Residence England
DOB June 1957
Nature of Control
  • Significant Influence Or Control

Mr Simon Fenton

Ceased 2 Apr 2026

Ceased

Mr Nigel Scott Campbell

Ceased 2 Apr 2026

Ceased

Alexander Brown Russell

Ceased 18 Feb 2024

Ceased

Group Structure

Group Structure

DRIVE SYSTEMS LIMITED Current Company

Charges

Charges

1 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
17 Apr 2026OfficersAppointment of Joseph Boucher as director on 2 Apr 2026
14 Apr 2026OfficersAppointment of Mr Adam Matthew Glazzard as director on 2 Apr 2026
14 Apr 2026OfficersAppointment of Mr Michael Gareth Brian Jennings as director on 2 Apr 2026
14 Apr 2026OfficersAppointment of Mr Balraj Singh Virdi as director on 2 Apr 2026
13 Apr 2026Persons With Significant ControlCessation of Simon Fenton as a person with significant control on 2 Apr 2026
17 Apr 2026 Officers

Appointment of Joseph Boucher as director on 2 Apr 2026

14 Apr 2026 Officers

Appointment of Mr Adam Matthew Glazzard as director on 2 Apr 2026

14 Apr 2026 Officers

Appointment of Mr Michael Gareth Brian Jennings as director on 2 Apr 2026

14 Apr 2026 Officers

Appointment of Mr Balraj Singh Virdi as director on 2 Apr 2026

13 Apr 2026 Persons With Significant Control

Cessation of Simon Fenton as a person with significant control on 2 Apr 2026

Recent Activity

Latest Activity

Appointment of Joseph Boucher as director on 2 Apr 2026

1 weeks ago on 17 Apr 2026

Appointment of Mr Adam Matthew Glazzard as director on 2 Apr 2026

2 weeks ago on 14 Apr 2026

Appointment of Mr Michael Gareth Brian Jennings as director on 2 Apr 2026

2 weeks ago on 14 Apr 2026

Appointment of Mr Balraj Singh Virdi as director on 2 Apr 2026

2 weeks ago on 14 Apr 2026

Cessation of Simon Fenton as a person with significant control on 2 Apr 2026

2 weeks ago on 13 Apr 2026