DRIFT ENERGY LTD
🌿Early-stageactive
13475016 · ltd · incorporated 2021-06-24
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£2.17M
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,171,127
Net assets shrinking
Down £309,363 YoY
Cash YoY
-25%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.9m
↓ 25% YoY
Net Worth
£2.2m
↓ 12% YoY
Current Assets
£2.4m
↓ 9.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £2.17M | £2.48M |
| Current assets | £2.44M | £2.69M |
| Cash | £1.91M | £2.54M |
| Debtors | £524.5k | £149.3k |
| Net assets | £2.17M | £2.48M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-22📄capital-allotment-sharescapital · SH01
- 2024-09-16➕LACY, Peter Michael appointeddirector
- 2024-08-07📄capital-allotment-sharescapital · SH01
- 2024-07-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-06-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-02📄capital-allotment-sharescapital · SH01
- 2024-04-07📄memorandum-articlesincorporation · MA
- 2024-04-07📄resolutionresolution · RESOLUTIONS
- 2024-04-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-02➕MUNRO, Mathew Hamilton appointeddirector
- 2024-01-30📄resolutionresolution · RESOLUTIONS
- 2024-01-25📄capital-allotment-sharescapital · SH01
- 2024-01-18📄resolutionresolution · RESOLUTIONS
- 2024-01-12📄capital-alter-shares-subdivisioncapital · SH02
- 2024-01-11📄resolutionresolution · RESOLUTIONS
- 2024-01-11📄resolutionresolution · RESOLUTIONS
- 2024-01-11📄memorandum-articlesincorporation · MA
- 2024-01-05📄capital-allotment-sharescapital · SH01
- 2023-12-27➖MEDLAND, Louise Elizabeth resignedsecretary
- 2021-08-30➕MEDLAND, Louise Elizabeth appointedsecretary
- 2021-06-24🏢Company incorporatedAs DRIFT ENERGY LTD
- 2021-06-24➕MEDLAND, Ben Stuart appointeddirector
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ben Stuart Medland Individual · British · DOB 11/1980 · age 46 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 24/06/2021 |
1 historic (ceased) PSC
- Mr Matthew Hamilton Munroceased 02/04/2024· 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| AJ SYSTEMS AND SERVICES LTD→ 10777078 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARK WASTE SOLUTIONS LTD→ 12361392 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARRAN VIEW STORAGE LTD→ 12479235 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ASBESTOS SOMERSET LTD→ 13589321 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BIG SOLAR ROOFS LTD→ 09992236 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BILBROOK RENEWABLES LIMITED→ 16635438 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BSR ENERGY 4 LIMITED→ 17099494 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CLIMATE ER LTD→ 12018633 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CROSS CUT SHREDDING LTD→ 09920755 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DIGITAL SCREEN SOLUTIONS LIMITED→ 06833181 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| DOWLING & COSH LTD→ 08487301 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| DRUMCLUNE RENEWABLES LIMITED→ 16412980 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2021-06-24
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
Runway East - Kings Court
Parsonage Lane
Bath
BA1 1ER
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-07
Last: 2025-06-23
Officers (3 active · 1 resigned)
LACY, Peter Michael→
Activedirector · ~48y · appointed 2024-09-16
View their other companies + combined net worth →
MEDLAND, Ben Stuart→
Activedirector · ~46y · appointed 2021-06-24
View their other companies + combined net worth →
MUNRO, Mathew Hamilton→
Activedirector · ~41y · appointed 2024-04-02
View their other companies + combined net worth →
MEDLAND, Louise Elizabeth→
Resignedsecretary · appointed 2021-08-30 · resigned 2023-12-27
Click a director name to see their full track record across all companies.
Recent filings (33 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-25
appoint-person-director-company-with-name-date
officers · AP01
2025-02-26
capital-allotment-shares
capital · SH01
2025-01-22
capital-allotment-shares
capital · SH01
2024-08-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-18
capital-allotment-shares
capital · SH01
2024-05-02
memorandum-articles
incorporation · MA
2024-04-07
resolution
resolution · RESOLUTIONS
2024-04-07