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Drillcut (Uk) Limited

08370480

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 2 & 3 BOWLING HILL BUSINESS PARK, BRISTOL, BS37 6JL
Incorporated 22/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr Philip Richmond Goodfield

director · Since 01/06/2013

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 5 other boards

Mr Harry Richmond Goodfield

director · Since 21/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 34

Mr Jason Goodfield

director · Since 21/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Philip Richmond Goodfield

Appoint directors

British · England · Age 67

Brake Farm, Frampton End Road, Bristol, BS37 9TD

Notified 22/01/2017

Drillcut (Uk) Holdings Limited

75–100% shares
75–100% votes

Unit 2 & 3, Bowling Hill Business Park, Bristol, BS37 6JL

Reg: 10108972 · Bristol · Limited Company

Notified 22/01/2017

Charges2 outstanding

Charge
satisfied

BANK OF SCOTLAND PLC

Created 11/09/2017Registered 13/09/2017Satisfied 01/07/2021
Charge
outstanding

BANK OF SCOTLAND PLC

Created 05/09/2017Registered 08/09/2017
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 25/06/2014Registered 15/07/2014
charge
satisfied

DRILLCUT LIMITED (IN ADMINISTRATION)

Created 20/03/2013Registered 28/03/2013Satisfied 23/05/2014
charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 26/02/2013Registered 27/02/2013Satisfied 22/09/2014

CompanyRankvs 1305+ SIC 42990 peers
73

Financial strength94th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.83× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1305Drillcut (Uk) Limited
79
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.

Liquidity16/20 pts

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

Longevity13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£58k

Cash in the bank

Net Current Assets

£935k

Working capital

Current Assets

£2.1M

Current Liabilities

£1.1M

Fixed Assets

£709k

Debtors

£2.0M

56avg. employees-2

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.83+£425k
20241.40+£213k
20231.31+£43k
20221.49+£95
20211.34+£100k
20200.98-£9k
20191.04—

Derived from filed accounts. Not audited figures.