drifters leisure limited
drifters leisure limited Company Information
Company Number
02972938
Next Accounts
Jul 2025
Shareholders
harlow agricultural merchants ltd
abc leisure group ltd
View AllGroup Structure
View All
Industry
Other reservation service and related activities (not including activities of tourist guides)
Registered Address
scarfield wharf scarfield hill, alvechurch, worcestershire, B48 7SQ
Website
driftersholidays.co.ukdrifters leisure limited Estimated Valuation
Pomanda estimates the enterprise value of DRIFTERS LEISURE LIMITED at £20.3k based on a Turnover of £24.4k and 0.83x industry multiple (adjusted for size and gross margin).
drifters leisure limited Estimated Valuation
Pomanda estimates the enterprise value of DRIFTERS LEISURE LIMITED at £107.6k based on an EBITDA of £18k and a 5.99x industry multiple (adjusted for size and gross margin).
drifters leisure limited Estimated Valuation
Pomanda estimates the enterprise value of DRIFTERS LEISURE LIMITED at £41.5k based on Net Assets of £17.1k and 2.43x industry multiple (adjusted for liquidity).
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Drifters Leisure Limited Overview
Drifters Leisure Limited is a live company located in worcestershire, B48 7SQ with a Companies House number of 02972938. It operates in the other reservation service activities n.e.c. sector, SIC Code 79909. Founded in October 1994, it's largest shareholder is harlow agricultural merchants ltd with a 39.1% stake. Drifters Leisure Limited is a mature, micro sized company, Pomanda has estimated its turnover at £24.4k with rapid growth in recent years.
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Drifters Leisure Limited Health Check
Pomanda's financial health check has awarded Drifters Leisure Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £24.4k, make it smaller than the average company (£1.6m)
- Drifters Leisure Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 66%, show it is growing at a faster rate (5.3%)
- Drifters Leisure Limited
5.3% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
- Drifters Leisure Limited
38.4% - Industry AVG
Profitability
an operating margin of 73.5% make it more profitable than the average company (6.7%)
- Drifters Leisure Limited
6.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Drifters Leisure Limited
14 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)
- Drifters Leisure Limited
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £24.4k, this is less efficient (£173.4k)
- Drifters Leisure Limited
£173.4k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (30 days)
- Drifters Leisure Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (46 days)
- Drifters Leisure Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Drifters Leisure Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 107 weeks, this is more cash available to meet short term requirements (28 weeks)
107 weeks - Drifters Leisure Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38%, this is a lower level of debt than the average (60.6%)
38% - Drifters Leisure Limited
60.6% - Industry AVG
DRIFTERS LEISURE LIMITED financials
Drifters Leisure Limited's latest turnover from October 2023 is estimated at £24.4 thousand and the company has net assets of £17.1 thousand. According to their latest financial statements, we estimate that Drifters Leisure Limited has 1 employee and maintains cash reserves of £21.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 3,091 | 1,734 | 2,029 | 240 | 13,200 | 10,241 | 17,670 | 6,453 | 1,767 | 2,323 | 4,641 | 1,709 | 3,636 | 7,480 | 6,133 |
| Group Debtors | 1,173 | 3,253 | 645 | ||||||||||||
| Misc Debtors | 2,751 | 1,207 | 1,804 | 3,334 | 3,211 | 1,031 | 400 | 168 | |||||||
| Cash | 21,714 | 26,834 | 19,593 | 4,453 | 2,097 | 715 | 1,721 | 1,502 | 5,263 | 2,234 | 3,447 | 1,610 | 716 | 239 | 8,379 |
| misc current assets | |||||||||||||||
| total current assets | 27,556 | 29,775 | 23,426 | 8,027 | 18,508 | 13,160 | 23,044 | 8,768 | 7,030 | 4,557 | 8,088 | 3,319 | 4,352 | 7,719 | 14,512 |
| total assets | 27,556 | 29,775 | 23,426 | 8,027 | 18,508 | 13,160 | 23,044 | 8,768 | 7,030 | 4,557 | 8,088 | 3,319 | 4,352 | 7,719 | 14,512 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,094 | 3,820 | 2,026 | 1,591 | 2,662 | 2,682 | 4,077 | 5,644 | 13,563 | 11,182 | 10,057 | 7,907 | 3,277 | 6,668 | 13,886 |
| Group/Directors Accounts | 247 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 9,381 | 23,306 | 20,635 | 12,508 | 19,430 | 14,780 | 18,160 | 2,094 | |||||||
| total current liabilities | 10,475 | 27,126 | 22,661 | 14,099 | 22,092 | 17,462 | 22,237 | 7,985 | 13,563 | 11,182 | 10,057 | 7,907 | 3,277 | 6,668 | 13,886 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 10,475 | 27,126 | 22,661 | 14,099 | 22,092 | 17,462 | 22,237 | 7,985 | 13,563 | 11,182 | 10,057 | 7,907 | 3,277 | 6,668 | 13,886 |
| net assets | 17,081 | 2,649 | 765 | -6,072 | -3,584 | -4,302 | 807 | 783 | -6,533 | -6,625 | -1,969 | -4,588 | 1,075 | 1,051 | 626 |
| total shareholders funds | 17,081 | 2,649 | 765 | -6,072 | -3,584 | -4,302 | 807 | 783 | -6,533 | -6,625 | -1,969 | -4,588 | 1,075 | 1,051 | 626 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 2,901 | -892 | 259 | -12,837 | 3,966 | -8,878 | 14,057 | 5,499 | -556 | -2,318 | 2,932 | -1,927 | -3,844 | 1,347 | 6,133 |
| Creditors | -2,726 | 1,794 | 435 | -1,071 | -20 | -1,395 | -1,567 | -7,919 | 2,381 | 1,125 | 2,150 | 4,630 | -3,391 | -7,218 | 13,886 |
| Accruals and Deferred Income | -13,925 | 2,671 | 8,127 | -6,922 | 4,650 | -3,380 | 16,066 | 2,094 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -247 | 247 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,120 | 7,241 | 15,140 | 2,356 | 1,382 | -1,006 | 219 | -3,761 | 3,029 | -1,213 | 1,837 | 894 | 477 | -8,140 | 8,379 |
| overdraft | |||||||||||||||
| change in cash | -5,120 | 7,241 | 15,140 | 2,356 | 1,382 | -1,006 | 219 | -3,761 | 3,029 | -1,213 | 1,837 | 894 | 477 | -8,140 | 8,379 |
drifters leisure limited Credit Report and Business Information
Drifters Leisure Limited Competitor Analysis
Perform a competitor analysis for drifters leisure limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B48 area or any other competitors across 12 key performance metrics.
drifters leisure limited Ownership
DRIFTERS LEISURE LIMITED group structure
Drifters Leisure Limited has no subsidiary companies.
Ultimate parent company
DRIFTERS LEISURE LIMITED
02972938
drifters leisure limited directors
Drifters Leisure Limited currently has 5 directors. The longest serving directors include Mr Nigel Stevens (Oct 1994) and Mr William Abbey (Jun 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Stevens | 76 years | Oct 1994 | - | Director | |
| Mr William Abbey | 62 years | Jun 1998 | - | Director | |
| Mr Robert Lawrence | 63 years | Mar 2015 | - | Director | |
| Mrs Haley Hadley | 49 years | Jun 2018 | - | Director | |
| Mr Leighton Jones | 39 years | Jul 2021 | - | Director |
P&L
October 2023turnover
24.4k
+46%
operating profit
18k
0%
gross margin
38.5%
-8.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
17.1k
+5.45%
total assets
27.6k
-0.07%
cash
21.7k
-0.19%
net assets
Total assets minus all liabilities
drifters leisure limited company details
company number
02972938
Type
Private limited with Share Capital
industry
79909 - Other reservation service and related activities (not including activities of tourist guides)
incorporation date
October 1994
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
ORMEROD RUTHER LIMITED
auditor
-
address
scarfield wharf scarfield hill, alvechurch, worcestershire, B48 7SQ
Bank
-
Legal Advisor
-
drifters leisure limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to drifters leisure limited.
drifters leisure limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for DRIFTERS LEISURE LIMITED. This can take several minutes, an email will notify you when this has completed.
drifters leisure limited Companies House Filings - See Documents
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