DRIFT IT LIMITED

Company number 05459247 · Active

DRIFT IT LIMITED is a private limited company registered in HAVANT, United Kingdom, incorporated on 20 May 2005. Its registered activity is repair of computers and peripheral equipment. Its latest published accounts for the period ending 31 Oct 2024 show equity of £39k, total assets of £289k. It has filed 5 sets of accounts, 1 of them after the deadline. Our model estimates a 1.62 % probability that it becomes insolvent within 12 months, 13.9 times the average for active companies (very high risk).

Insolvency risk, next 12 months

1.62 %
Very high risk
Lowest riskHighest risk

Higher than 99 % of active companies in the United Kingdom. 13.9× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent

Lowers the risk

Region0.8×PO · 0.09 % became insolvent

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
05459247 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
20 May 2005 (21 years)
Registered address
PO9 2NP HAVANT
Postcode area
Portsmouth
Activity
95110 Repair of computers and peripheral equipment
Industry
Repair of computers and household goods
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202415 Jun 2025– –£39k£289k £219k£125k22
31 Oct 202315 Mar 2024– –£40k£374k £288k£209k24
31 Oct 202115 Apr 2022– –−£74k£230k £266k£132k28
31 Dec 202015 Apr 2021– £15k−£139k£124k £262k£47k23
31 Dec 201915 Dec 2020– –−£170k£76k £245k£21k26

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Portsmouth

Questions about DRIFT IT LIMITED

What is the company number of DRIFT IT LIMITED?

DRIFT IT LIMITED is registered under company number 05459247 in the official register of United Kingdom. View it at the official register.

Is DRIFT IT LIMITED still active?

Yes. DRIFT IT LIMITED is registered as active (status: Active).

Has DRIFT IT LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for DRIFT IT LIMITED in the official data.

How likely is DRIFT IT LIMITED to become insolvent?

Our model estimates a 1.62 % probability that DRIFT IT LIMITED becomes insolvent within the next 12 months (very high risk). That is higher than 99 % of active companies in the United Kingdom.

When was DRIFT IT LIMITED founded?

DRIFT IT LIMITED was incorporated on 20 May 2005.

Where is DRIFT IT LIMITED registered?

DRIFT IT LIMITED's registered address is in PO9 2NP HAVANT (Portsmouth), United Kingdom.

What do the latest accounts of DRIFT IT LIMITED show?

The latest published accounts (period ending 31 Oct 2024) show equity of £39k, total assets of £289k, 22 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.