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Apex Drilling Services Limited

02868897

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

2 OLDFIELD ROAD, BRIDGEND, CF35 5LJ
Incorporated 03/11/1993

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 03/11/2025

Due 17/11/2026

On track

Industry

41201
Construction of commercial buildings

Officers

Roger George Martin

director · Since 03/11/1993

DRILLING ENGINEER

BRITISH · UNITED KINGDOM · Age 72

Also on 2 other boards

Hilda Eileen Jane Martin

secretary · Since 01/06/2004

BRITISH · Age 71

Thomas George Martin

director · Since 24/02/2015

MANAGER

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Apex Drilling (Holdings) Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

2 Oldfield Road, Bocam Park, Bridgend, CF35 5LJ

Reg: 06328181 · United Kingdom · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

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Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

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charge
outstanding

LLOYDS BANK PLC

Created 20/10/1995Registered 27/10/1995

CompanyRankvs 4079+ SIC 41201 peers
55

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Basis of preparation The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The directors have assessed whether there are any material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accou

Key FinancialsYear ending 30/04/2025

Net Worth

£803k

Balance sheet strength

Cash

£153k

Cash in the bank

Net Current Assets

-£118k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.5M

Fixed Assets

£1.5M

Debtors

£1.1M

49avg. employees-9

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92-£132k
20231.04+£281k
20220.96+£95k
20210.92

Derived from filed accounts. Not audited figures.