Active07699498Private limited companyWakefield

GROUNDSOURCE DRILLING & CONTRACTING LIMITED

Significant control: Stewart Kenneth Russell (25–50%)

Companies HouseCompanies House

From public filings as at 31 Aug 2026; may contain errors or be out of date.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

Generated from filed data · no estimates

GROUNDSOURCE DRILLING & CONTRACTING LIMITED is an active private limited company (company number 07699498) incorporated on 11 July 2011, registered in Wakefield. Its registered activity is other specialised construction activities n.e.c. (SIC 43999). Latest small accounts cover the period ending 31 August 2025, showing net assets of £504k and cash of £213k, with 43 employees on average. Net assets fell 17% on the prior period (£607k). Across the last 3 periods on record the net-asset trend is volatile.

Peer position · net assets

By net assets it sits in the top quarter of 1,034 comparable companies in Leeds (median £9,207, upper quartile £75k).

02

Ownership and control

1 active · 1 other
  • Mr Stewart Kenneth Russell
    Individual · since 25 July 2016
    • owns 25–50% of shares
  • Mr John Paul Bladen
    Individual · since 9 December 2021 · ceased 1 January 2026
    • 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
11 July 201115 yrs ago
Next accounts due
31 May 2027in 220 days
Confirmation statement due
25 July 2027in 275 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

3 periods on record · latest ending 31 August 2025
Net assets
£504k
−17%vs Aug 2024
Cash at bank
£213k
+23%vs Aug 2024
Turnover
Not reported
Employees
43
+30%vs Aug 2024
Net assets
£504k
Cash at bank
£213k
Average employees
43
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 August 2025£504k£213k—£1.18m——43
31 August 2024£607k£173k£199k———33
31 August 2023£529k£42k£534k———40
Current ratio1.12Current assets ÷ creditors within one year
Cash per employee£4,949Cash ÷ 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

Facts from the register · no rating
  • Net assets above zeroNet assets £503,762 at 31 August 2025
  • Cash at bank of £50,000 or moreCash £212,799
  • Three or more accounting periods on record3 periods on record
  • Incorporated five or more years agoIncorporated 11 July 2011

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

Newest first
  1. Confirmation statement duein 275 days
  2. Next accounts duein 220 days
  3. Accounts period endNet assets £504k · small accounts
  4. Accounts period endNet assets £607k · small accounts
  5. Accounts period endNet assets £529k · small accounts
  6. Incorporated
08

Similar companies in Leeds

Same activity (other specialised construction activities n.e.c.), closest in incorporation date
09

Reminders for GROUNDSOURCE DRILLING & CONTRACTING LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.

Source: Companies House register, snapshot 2026-08-31; accounts from the Companies House accounts data product. Open Government Licence v3.0. View on Companies House. Methodology · About · Markdown.