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M & J Drilling Holding Limited

09960555

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 44, TIPTON, DY4 8XP
Incorporated 20/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Stephen John Rule

director · Since 20/01/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Mr Scott Johnson

director · Since 16/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mrs Caroline Rule

secretary · Since 01/06/2024

Persons with Significant Control

Former PSCs

Mr Stephen John Rule

Ceased 06/04/2016

Mr Stephen John Brown

Ceased 06/04/2016

CompanyRankvs 3356+ SIC 70100 peers
59

Financial strength89th percentile among SIC peers · 22/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 118.56× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees2/15 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.

Longevity10/15 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

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the 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 going c

Key FinancialsYear ending 30/06/2025

Net Worth

£3.0M

Balance sheet strength

Cash

£3.0M

Cash in the bank

Net Current Assets

£3.0M

Working capital

Current Assets

£3.0M

Current Liabilities

£25k

Fixed Assets

£100

Profit After Tax

£2.2M

0avg. employees-2

Tax at Year End

Corp tax£13k
Dividends paid£1.7M

Balance Sheet

Assets less current liabilities£3.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
2025118.56+£535k
2024172.93-£1.0M
20231603.51+£1.7M
2022-£818k
20215228.02+£750k
20203708.70+£329k
201911533.39+£501k
20181041.03

Derived from filed accounts. Not audited figures.