DRIFT INNOVATION LTD Financials
- Company number
- 05785546CopyCopy
- Registered office
- 36 Scotts Road, Bromley BR1 3QD
- Incorporated
- 19/04/2006
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-1.44%vs 20242024: £-1.04M
Total Assets
2.83%vs 20242024: £2.50M
Cash in Bank
-84.17%vs 20242024: £5.01K
Total Liabilities
2.42%vs 20242024: £3.55M
Employees
0vs 20242024: 3
In 2025, DRIFT INNOVATION LTD reported net assets of £-1.06M. The same filing shows total assets of £2.57M, cash in bank of £793.00 and total liabilities of £3.63M. Reported headcount was 3 in 2025. Total Liabilities rose from £3.55M in 2024 to £3.63M in 2025 (2.42%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-1.44%from £-1.04M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures DRIFT INNOVATION LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
-54.3%vs 2023-32.4% a year compound (CAGR)
Total Assets
+25%vs 2023+11.8% a year compound (CAGR)
Total Liabilities
+16.2%vs 2023+7.8% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Assets+25%
£2.06M in 2023 to £2.57M in 2025
Biggest decrease
Cash in Bank-54.3%
£1.74K in 2023 to £793.00 in 2025
DRIFT INNOVATION LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRIFT INNOVATION LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -41.17%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 141.17%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.02%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.03%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for DRIFT INNOVATION LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -1.92M | -1.25M | -1.07M | -1.04M | -1.06M |
| Total Assets£ | 1.42M | 1.97M | 2.06M | 2.50M | 2.57M |
| Cash in Bank£ | 7.37K | 13.67K | 1.74K | 5.01K | 793.00 |
| Total Liabilities£ | 3.34M | 3.22M | 3.13M | 3.55M | 3.63M |
| Employees | 3 | 3 | 3 | 3 | 3 |
DRIFT INNOVATION LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRIFT INNOVATION LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
DRIFT INNOVATION LTD reported net assets of £-1.06M for 2025. That compares with £-1.04M in 2024, a change of -1.44%.
DRIFT INNOVATION LTD reported total assets of £2.57M for 2025. That compares with £2.50M in 2024, a change of 2.83%.
DRIFT INNOVATION LTD reported cash in bank of £793.00 for 2025. That compares with £5.01K in 2024, a change of -84.17%.
DRIFT INNOVATION LTD reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, DRIFT INNOVATION LTD's cash in bank fell by 54.3%, total assets rose by 25%, total liabilities rose by 16.2% and employee numbers was unchanged. Cash in bank contracted at 32.4% a year across the two years to 2025, from £1.74K to £793.00. Reported headcount went from 3 in 2023 to 3 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.