Drillwave Limited
06387391
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/07/2025
group
Next accounts due
30/04/2027
Confirmation statement
Last: 02/10/2025
Due 16/10/2026
Industry
Officers
director · Since 28/03/2008
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 3 other boards
director · Since 28/03/2008
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 1 other board
Former
corporate nominee director · Resigned 08/10/2007
corporate nominee secretary · Resigned 08/10/2007
director · Resigned 28/03/2008
secretary · Resigned 28/03/2008
director · Resigned 06/03/2026
Persons with Significant Control
Chc (Eot) Limited
C/O Cheetham Hill Construction Limited, Woodhill Road, Bury, BL8 1AR
Reg: 16579301 · Companies House · Private Company Limited By Guarantee
Notified 01/08/2025
Former PSCs
Mrs Katie Myers
Ceased 01/08/2025
Mrs Claire Chamberlain
Ceased 01/08/2025
Change History
Active
Private Limited Company
C'/O CHEETHAM HILL CONSTRUCTION
BURY
CompanyRankvs 1231+ SIC 42990 peers69
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/07/2025
Turnover
£27.1M
Annual revenue
Net Worth
£21.0M
Balance sheet strength
Cash
£20.6M
Cash in the bank
Net Current Assets
£6.2M
Working capital
Current Assets
£6.6M
Current Liabilities
£480k
Fixed Assets
£3.6M
Debtors
£3.8M
Cost of Sales
£23.2M
Admin Expenses
£3.3M
Profit After Tax
£2.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 13.84 | +£12.8M |
| 2024 | 14.41 | +£515k |
| 2023 | 12.38 | — |
Derived from filed accounts. Not audited figures.