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Euroside Diamond Drilling Limited

06619653

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 6 NEPTUNE CLOSE, ROCHESTER, ME2 4LT
Incorporated 13/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Jaswinder Singh Cheema

director · Since 01/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 8 other boards

Persons with Significant Control

Mr Jaswinder Singh Cheema

Significant control

British · England · Age 48

Unit A6, Neptune Close, Rochester, ME2 4LT

Notified 01/12/2019

Euroside Group Limited

75–100% shares
75–100% votes

Unit 6, Neptune Close, Rochester, ME2 4LT

Notified 12/05/2021

Former PSCs

Ms Harkiran Kaur Cheema

Ceased 01/12/2019

Bsc & Son Ltd

Ceased 12/05/2021

Charges0 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 08/01/2020Registered 10/01/2020Satisfied 06/01/2021

CompanyRankvs 7262+ SIC 43999 peers
72

Financial strength84th percentile among SIC peers · 21/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£124k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£124k

Working capital

Current Assets

£471k

Current Liabilities

£347k

Debtors

£468k

2avg. employees

Balance Sheet

Assets less current liabilities£124k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.36+£0
20251.36+£34k
20241.77+£67k
20231.34

Derived from filed accounts. Not audited figures.