The Firmwatch take
Pass4me Driving School Ltd is a 4-year-old education and training, active on the Companies House register. The latest filed accounts (year to 30 April 2025) show £8k in net assets, with 1 cautionary signal worth monitoring. Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
2 public risk events on file
Pulse · Net assets, 2024–2025
↗ £8kIncorporated
22 April 2022
4 years on the register
Sector
Driving school activities
SIC 85530
Size
Not classified
Net assets
£8k
£8,250
Cash at bank
Not disclosed
Not required for this filing type
Risk events
2 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
50/100
elevated risk
Estimated public-data value
£6,188 - £11,138
medium confidence - net asset range
Sector comparison
Sector: Education and Training
Sample: 22,575 companies
Negative net assets: 17.7%
- Net assets vs sector median
- £7,510
- Working capital vs sector median
- -£7,072
- Sector median current ratio
- 1.25
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
-£2,657
Current liabilities
Amounts due within one year (short-term creditors).
£2,529
Working capital
Current assets minus current liabilities.
-£5,186
Fixed assets
Long-term tangible and intangible assets.
£13,436
Total assets less current liabilities
Fixed assets plus working capital.
£8,250
Net assets
What's left after liabilities are deducted from assets.
£8,250
Equity (capital & reserves)
Shareholder funds.
£8,250
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.