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Smart Reamer Drilling Systems Ltd

06983072

active
ltd
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

268 Bath Road, Slough, SL1 4DX
Incorporated 06/08/2009

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/04/2026

Due 12/05/2027

On track

Industry

06100
Extraction of crude petroleum
06200
Extraction of natural gas

Officers

Mr Wajid Rasheed

director · Since 06/08/2009

DIRECTOR

UNITED KINGDOM · ENGLAND · Age 55

Also on 1 other board

Dr John Laurence Thorogood

director · Since 25/04/2014

DRILLING ENGINEER

BRITISH · SCOTLAND · Age 74

Also on 4 other boards

Wajid Rasheed

director · Since 06/08/2009

United Kingdom · England · Age 55

John Laurence Thorogood

director · Since 25/04/2014

British · Scotland · Age 74

Former

Saira Rasheed

secretary · Resigned 01/01/2015

Martyn Keates

secretary · Resigned 16/08/2016

Jaime Alberto Bernardini Yori

director · Resigned 09/03/2017

Martyn Keates

director · Resigned 09/03/2017

Clarks Nominees Limited

corporate secretary · Resigned 14/10/2020

Persons with Significant Control

Mr Wajid Rasheed

75–100% shares

United Kingdom · England · Age 55

268, Bath Road, Slough, SL1 4DX

Notified 30/06/2016

Change History

statusactive
2026-07-09

Active

typeltd
2026-07-09

Private Limited Company

address line1268 Bath Road
2026-07-09

268 BATH ROAD

post townSlough
2026-07-09

SLOUGH

CompanyRankvs 25+ SIC 06100 peers
80

Financial strength88th percentile among SIC peers · 22/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 6.24× · 20/20
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 strength22/25 pts

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

Employees8/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£182k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£84k

Current Liabilities

£14k

Debtors

£6k

1avg. employees

Balance Sheet

Intangible assets£111k
Assets less current liabilities£182k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20246.24-£116k
2023181.73

Derived from filed accounts. Not audited figures.