# DRIFT ENERGY LTD (13475016)

> 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).

- Status: Active
- Incorporated: 2021-06-24
- Registered office: Bath, BA1 1ER
- SIC 35110: Production of electricity
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-07-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 156 comparable companies in Bristol (median £8, upper quartile £75k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | £2.17m | £1.91m | £525k | £273k | — | — | 12 |
| 2024-06-30 | £2.54m | £2.54m | £208k | £219k | — | — | 4 |

current ratio 8.92; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £2,171,127 at 30 June 2025
- Current assets at least 1.5× creditors within one year: Current ratio 8.92
- Cash at bank of £50,000 or more: Cash £1,910,843
- Incorporated five or more years ago: Incorporated 24 June 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Ben Stuart Medland — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-06-24

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13475016
HTML: https://firmoscan.com/company/13475016-drift-energy-ltd