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Driftworld Limited

03302776

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

OAKE HOUSE, CREDITON, EX17 1HG
Incorporated 15/01/1997

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/01/2026

Due 29/01/2027

On track

Industry

74901
Environmental consulting activities
85200
Primary education

Officers

Mr John Andrew Ashley

secretary · Since 16/09/1998

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 78

Also on 15 other boards

Mr John Andrew Ashley

director · Since 16/09/1998

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 78

Also on 15 other boards

Mrs Marjorie Lesley Ashley

director · Since 16/09/1998

EDUCATIONAL CONSULTANT

BRITISH · ENGLAND · Age 79

Also on 1 other board

Persons with Significant Control

Mr John Andrew Ashley

Significant control

British · England · Age 78

Oake House, Tolleys, Crediton, EX17 1HG

Notified 01/05/2016

Mrs Marjorie Lesley Ashley

25–50% shares

British · England · Age 79

Oake House, Tolleys, Crediton, EX17 1HG

Notified 01/05/2016

CompanyRankvs 4474+ SIC 74901 peers
53

Financial strength27th percentile among SIC peers · 7/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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4474Driftworld Limited
49
How is this score calculated?
Financial strength7/25 pts

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

Employees10/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

£2

Balance sheet strength

Cash

£68

Cash in the bank

Net Current Assets

-£275k

Working capital

Current Assets

£823k

Current Liabilities

£1.1M

Fixed Assets

£275k

Debtors

£23k

Profit After Tax

-£4k

2avg. employees

Tax at Year End(2020)

Dividends paid£4k

Balance Sheet

Assets less current liabilities£328
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.75
20240.75
20230.41
20220.41
20210.40
20200.38
20190.36

Derived from filed accounts. Not audited figures.