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Dynamic Drilling Tools Ltd

11562285

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

3A QUAY VIEW BUSINESS PARK, LOWESTOFT, NR32 2HD
Incorporated 11/09/2018

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 10/09/2025

Due 24/09/2026

On track

Industry

71122
Engineering related scientific and technical consulting activities
72190
Other research and experimental development on natural sciences and engineering
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Stephen John Mcloughlin

director · Since 11/09/2018

ENGINEERING CONSULTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Mr. George Swietlik

director · Since 11/09/2018

DESIGN CONSULTANT

BRITISH · ENGLAND · Age 78

Persons with Significant Control

Mr Stephen John Mcloughlin

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 67

3a Quay View Business Park, Barnards Way, Lowestoft, NR32 2HD

Notified 11/09/2018

Mr. George Swietlik

25–50% shares
25–50% votes
Appoint directors

British · England · Age 78

Horizons, Coastal Road, Littlehampton, BN16 1SW

Notified 11/09/2018

CompanyRankvs 9611+ SIC 71122 peers
55

Financial strength3th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 101.41× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

Longevity8/15 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 30/09/2024

Net Worth

-£30k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£331k

Working capital

Current Assets

£332k

Current Liabilities

£3k

Fixed Assets

£558

2avg. employees

Balance Sheet

Assets less current liabilities£331k
Signed by Mr G Swietlik 27 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024101.41-£8k
202396.63-£4k
20225526.65-£12k
202133.73
20203581.91

Derived from filed accounts. Not audited figures.