£2.01m
−8%vs Mar 2025Active02691886Private limited companySeaham
DRILCORP LIMITED
Significant control: David Gowans (25–50%), Lyndsey Gowans (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Other specialised construction activities n.e.c. (SIC 43999). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
DRILCORP LIMITED is an active private limited company (company number 02691886) incorporated on 28 February 1992, registered in Seaham. Its registered activity is other specialised construction activities n.e.c. (SIC 43999). Latest small accounts cover the period ending 31 March 2026, showing net assets of £2.01m and cash of £158k, with 33 employees on average. Net assets fell 8% on the prior period (£2.17m).
Peer position · net assets
By net assets it sits in the top quarter of 713 comparable companies in Newcastle (median £6,802, upper quartile £49k).
02
Ownership and control
- Mr David Gowans
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mrs Lyndsey Gowans
- owns 25–50% of shares
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 28 February 199234 yrs ago
- Next accounts due
- 31 December 2027in 433 days
- Confirmation statement due
- 14 March 2027in 141 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 43999
- Other specialised construction activities n.e.c.
- Accounts type
- Total Exemption Full
- Size band
- SmallCompanies Act thresholds
05
Financials
£158k
−83%vs Mar 2025Not reported
33
−3%vs Mar 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2026 | £2.01m | £158k | £914k | £533k | — | — | 33 |
| 31 March 2025 | £2.17m | £930k | £638k | £408k | — | — | 34 |
Current ratio2.29Current assets ÷ creditors within one year
Cash per employee£4,778Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £2,006,085 at 31 March 2026
- Current assets at least 1.5× creditors within one yearCurrent ratio 2.29
- Cash at bank of £50,000 or moreCash £157,658
- Incorporated five or more years agoIncorporated 28 February 1992
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 433 days
- Confirmation statement duein 141 days
- Accounts period endNet assets £2.01m · small accounts
- Accounts period endNet assets £2.17m · small accounts
- Incorporated
08
Similar companies in Newcastle
- MGM LTDGateshead · inc. Jan 1992
- SUTTON SERVICES INTERNATIONAL LIMITEDNewcastle Upon Tyne · inc. Jul 1991
- ISOLER LTD.Durham · inc. Nov 1992
- CLASSIC MASONRY LIMITEDTyne And Wear · inc. Feb 1991
- UK FIREWATCH LIMITEDHebburn · inc. Jan 1991
- AIR DESIGN SYSTEMS LIMITEDGateshead · inc. Jun 1993
All companies incorporated on 28 February 1992 · in Feb 1992.
09
Reminders for DRILCORP LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.