DRIFT PROPERTIES LIMITED

Active London

Buying and selling of own real estate

4 employees website.com
Buying and selling of own real estate
D

DRIFT PROPERTIES LIMITED

Buying and selling of own real estate

Founded 6 Dec 1961 Active London, England 4 employees website.com
Buying and selling of own real estate
Accounts Submitted 23 Jul 2025 Next due 29 Sept 2026 4 months remaining
Confirmation Submitted 3 Dec 2025 Next due 14 Dec 2026 7 months remaining
Net assets £188M £30M 2024 year on year
Total assets £303M £28M 2024 year on year
Total Liabilities £115M £2M 2024 year on year
Charges 21
4 outstanding 17 satisfied

Contact & Details

Contact

Registered Address

5 New Street Square London EC4A 3TW England

Full company profile for DRIFT PROPERTIES LIMITED (00709849), an active company based in London, England. Incorporated 6 Dec 1961. Buying and selling of own real estate. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Balance Sheet & P&L (2013–2024)

Cash in Bank

£696.24k

Decreased by £187.43k (-21%)

Net Assets

£187.87M

Decreased by £30.44M (-14%)

Total Liabilities

£114.96M

Increased by £1.98M (+2%)

Turnover

£2.57M

Decreased by £107.39k (-4%)

Employees

4

Debt Ratio

38%

Increased by 4 (+12%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

1 active 2 resigned
Status
Mohamed Sadiq Al TajirDirectorBahrainiUnited Kingdom8510 May 1993Active

Shareholders

Shareholders (1)

Park Tower Investments Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Active
Notified 4 Dec 2017
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

DRIFT PROPERTIES LIMITED Current Company

Charges

Charges

4 outstanding 17 satisfied

Properties

Properties

1 freehold 1 total
AddressTenurePrice PaidDate Added
The Sheraton Park Tower Hotel, 95-107 Knightsbridge, London (SW1X 7RJ) KENSINGTON AND CHELSEA
Freehold-5 Jul 1968
The Sheraton Park Tower Hotel, 95-107 Knightsbridge, London (SW1X 7RJ)
Freehold
Added 5 Jul 1968
District KENSINGTON AND CHELSEA

Documents

Company Filings

DateCategoryDescriptionDocument
17 Jan 2026OfficersChange Person Director Company
3 Dec 2025Confirmation StatementConfirmation statement made on 30 Nov 2025 with no updates
18 Nov 2025OfficersTermination of Mohammed Mahdi Al Tajir as director on 13 Nov 2025
13 Nov 2025OfficersTermination of Mohamed Sadiq Al Tajir as director on 13 Nov 2025
16 Oct 2025MortgageMortgage Satisfy Charge Full
17 Jan 2026 Officers

Change Person Director Company

3 Dec 2025 Confirmation Statement

Confirmation statement made on 30 Nov 2025 with no updates

18 Nov 2025 Officers

Termination of Mohammed Mahdi Al Tajir as director on 13 Nov 2025

13 Nov 2025 Officers

Termination of Mohamed Sadiq Al Tajir as director on 13 Nov 2025

16 Oct 2025 Mortgage

Mortgage Satisfy Charge Full

Recent Activity

Latest Activity

Change Person Director Company

3 months ago on 17 Jan 2026

Confirmation statement made on 30 Nov 2025 with no updates

5 months ago on 3 Dec 2025

Termination of Mohammed Mahdi Al Tajir as director on 13 Nov 2025

5 months ago on 18 Nov 2025

Termination of Mohamed Sadiq Al Tajir as director on 13 Nov 2025

5 months ago on 13 Nov 2025

Mortgage Satisfy Charge Full

6 months ago on 16 Oct 2025