DRIFTWOOD SPARS LTD

Active
Company number 09582440Private limited companyIncorporated 2015

Key figures

£559,317+4.5%
Net assets 2024/25
+26.7%
Average annual growth 2019/20–2024/25
0200 k400 k600 k2019/202020/212021/222022/232023/242024/25

Like most small UK companies, DRIFTWOOD SPARS LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Sector comparison

SIC 11050

Where the company stands among the 1,803 active companies whose first SIC code is 11050 (Manufacture of beer).

Net assets£559,317
Higher than 90% · median £3,982
Cash£100,924
Higher than 78% · median £19,451
Employees37
Higher than 95% · median 2
Company age11.5 years
Older than 64% · median 9.0 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 1,803. The line on each bar marks the median.

Summary: DRIFTWOOD SPARS LTD

What kind of company is it?

DRIFTWOOD SPARS LTD is a private limited company registered with Companies House under company number 09582440. It was incorporated on 8 May 2015. Its status is active. The registered office is in St. agnes (TR5). Its nature of business (SIC 2007) is manufacture of beer (11050), hotels and similar accommodation (55100), public houses and bars (56302).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Jun 2025); the company files small company accounts (filleted). Net assets were £559,317, up 4.5% on the previous year. Cash at bank and in hand was £100,924. The company had an average of 37 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 1,803 active companies whose first SIC code is 11050: By net assets it ranks higher than 90% of them (median £3,982). By cash it ranks higher than 78% of them (median £19,451). By number of employees it ranks higher than 95% of them (median 2). It is older than 64% of them (median age 9.0 years).

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered. 2 of 2 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Mar 2027. The next confirmation statement is due by 22 May 2027.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand340,324443,803268,926175,557100,924
Total assets2,134,116————
Total liabilities1,786,203————
Net assets / total equity336,596480,334550,588535,011559,317
Average number of employees3230303437

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2025

The principal activity of the Company during the financial year was running a restaurant, pub, brewery and rooms called the Driftwood Spars.

As described in the company's latest filed accounts.

History

9 events
  1. Financial year 2024/25 endedAccounts: net assets £559.3k, 37 employees
  2. Financial year 2023/24 endedAccounts: net assets £535k, 34 employees
  3. Financial year 2022/23 endedAccounts: net assets £550.6k, 30 employees
  4. Financial year 2021/22 endedAccounts: net assets £480.3k, 30 employees
  5. Financial year 2020/21 endedAccounts: net assets £336.6k, 32 employees
  6. Financial year 2019/20 endedAccounts: net assets £171.2k, 30 employees
  7. Miss Louise Treseder registered as a person with significant control
  8. Louise TRESEDER appointedDirector
Earlier events (1)
  1. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.