DRIFTWORKS LTD
Company number 05278259 · Active
DRIFTWORKS LTD is a private limited company registered in BIRMINGHAM, United Kingdom, incorporated on 4 Nov 2004. Its registered activity is wholesale trade of motor vehicle parts and accessories. Its latest published accounts for the period ending 31 Mar 2025 show equity of £637k, total assets of £1.1m. It has filed 6 sets of accounts. Our model estimates a 0.25 % probability that it becomes insolvent within 12 months, 2.2 times the average for active companies (high risk).
Insolvency risk, next 12 months
Higher than 94 % of active companies in the United Kingdom. 2.2× the average annual insolvency rate (0.12 %).
Raises the risk
Lowers the risk
Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.
Company details
- Company number
- 05278259 · official register
- Status
- Active
- Legal form
- Private Limited Company
- Incorporated
- 4 Nov 2004 (22 years)
- Registered address
- B11 2LQ BIRMINGHAM
- Postcode area
- Birmingham
- Activity
- 45310 Wholesale trade of motor vehicle parts and accessories
- Industry
- Wholesale and retail trade of motor vehicles
- Accounts overdue
- No
Insolvency and register events
No insolvency or liquidation events on record.
Annual accounts GBP
| Period end | Published | Turnover | Result | Equity | Total assets | Current liabilities | Cash | Employees |
|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 15 Dec 2025 | – | – | £637k | £1.1m | £392k | £63k | 15 |
| 31 Mar 2024 | 15 Dec 2024 | – | – | £575k | £888k | £277k | £51k | 18 |
| 31 Mar 2023 | 15 Dec 2023 | – | – | £486k | £799k | £269k | £46k | 18 |
| 31 Mar 2022 | 15 Dec 2022 | – | – | £363k | £788k | £372k | £94k | 18 |
| 31 Mar 2021 | 15 Dec 2021 | – | – | £344k | £834k | £467k | £192k | 15 |
| 31 Mar 2020 | 15 Dec 2020 | – | – | £480k | £762k | £262k | £240k | 13 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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Questions about DRIFTWORKS LTD
What is the company number of DRIFTWORKS LTD?
DRIFTWORKS LTD is registered under company number 05278259 in the official register of United Kingdom. View it at the official register.
Is DRIFTWORKS LTD still active?
Yes. DRIFTWORKS LTD is registered as active (status: Active).
Has DRIFTWORKS LTD gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for DRIFTWORKS LTD in the official data.
How likely is DRIFTWORKS LTD to become insolvent?
Our model estimates a 0.25 % probability that DRIFTWORKS LTD becomes insolvent within the next 12 months (high risk). That is higher than 94 % of active companies in the United Kingdom.
When was DRIFTWORKS LTD founded?
DRIFTWORKS LTD was incorporated on 4 Nov 2004.
Where is DRIFTWORKS LTD registered?
DRIFTWORKS LTD's registered address is in B11 2LQ BIRMINGHAM (Birmingham), United Kingdom.
What do the latest accounts of DRIFTWORKS LTD show?
The latest published accounts (period ending 31 Mar 2025) show equity of £637k, total assets of £1.1m, 15 employees.
Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.