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Continental Drifts Ltd

03213484

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

121 FYFIELD ROAD, WALTHAMSTOW, E17 3RE
Incorporated 18/06/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Mr Christopher Macmeikan

director · Since 19/06/1996

MUSICIAN

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mrs Melanie Jayne Wilds

director · Since 01/02/1999

PRODUCTION MANAGER

BRITISH · UNITED KINGDOM · Age 53

Also on 4 other boards

Persons with Significant Control

Mr Christopher Wallace Macmeikan

Significant control

British · United Kingdom · Age 62

17 Oliver Rd, Grosvenor Park Road, London, E17 9HL

Notified 01/06/2016

Mrs Melanie Jayne Wilds

25–50% shares

British · United Kingdom · Age 53

121, Fyfield Road, London, E17 3RE

Notified 01/06/2017

Former PSCs

Miss Amanda Elizabeth Janes

Ceased 31/01/2024

Charges0 outstanding

charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 05/01/2001Registered 12/01/2001Satisfied 13/11/2001

CompanyRankvs 6165+ SIC 90030 peers
69

Financial strength37th percentile among SIC peers · 9/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.93× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£4

Balance sheet strength

Cash

£509k

Cash in the bank

Net Current Assets

£363k

Working capital

Current Assets

£752k

Current Liabilities

£389k

Fixed Assets

£7k

Debtors

£242k

4avg. employees-1

Balance Sheet

Assets less current liabilities£369k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.93
20241.96
20231.76
20221.61
20211.76
20201.44
20191.15

Derived from filed accounts. Not audited figures.