£2.17m
−14%vs Jun 2024Active13475016Private limited companyBath
DRIFT ENERGY LTD
Significant control: Ben Stuart Medland (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Drift Energy Ltd sell?
Registered activity: Production of electricity (SIC 35110). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
DRIFT ENERGY LTD is an active private limited company (company number 13475016) incorporated on 24 June 2021, registered in Bath. Its registered activity is production of electricity (SIC 35110). Latest small accounts cover the period ending 30 June 2025, showing net assets of £2.17m and cash of £1.91m, with 12 employees on average. Net assets fell 14% on the prior period (£2.54m).
Peer position · net assets
By net assets it sits in the top quarter of 156 comparable companies in Bristol (median £8, upper quartile £75k).
02
Ownership and control
- Mr Ben Stuart Medland
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Matthew Hamilton Munro
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 24 June 20215 yrs ago
- Next accounts due
- 30 March 2027in 157 days
- Confirmation statement due
- 8 July 2027in 257 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 35110
- Production of electricity
- Accounts type
- Total Exemption Full
- Size band
- SmallCompanies Act thresholds
05
Financials
£1.91m
−25%vs Jun 2024Not reported
12
+200%vs Jun 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2025 | £2.17m | £1.91m | £525k | £273k | — | — | 12 |
| 30 June 2024 | £2.54m | £2.54m | £208k | £219k | — | — | 4 |
Current ratio8.92Current assets ÷ creditors within one year
Cash per employee£159kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £2,171,127 at 30 June 2025
- Current assets at least 1.5× creditors within one yearCurrent ratio 8.92
- Cash at bank of £50,000 or moreCash £1,910,843
- Incorporated five or more years agoIncorporated 24 June 2021
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 257 days
- Next accounts duein 157 days
- Accounts period endNet assets £2.17m · small accounts
- Accounts period endNet assets £2.54m · small accounts
- Incorporated
08
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- NET ZERO ONE LTDRadstock · inc. Jul 2021
- NET ZERO TWO LTDRadstock · inc. Jul 2021
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- WSE HARTFORD WOOD LIMITEDBristol · inc. Jul 2021
All companies incorporated on 24 June 2021 · in Jun 2021.
09
Reminders for DRIFT ENERGY LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.