# DIRECT DRILLING LIMITED (05588411)

> DIRECT DRILLING LIMITED is an active private limited company (company number 05588411) incorporated on 11 October 2005, registered in Welham Green. Its registered activity is test drilling and boring (SIC 43130). Latest micro accounts cover the period ending 31 March 2026, showing net assets of £255k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 7% on the prior period (£239k). Across the last 3 periods on record the net-asset trend is volatile.

- Status: Active
- Incorporated: 2005-10-11
- Registered office: Welham Green, AL9 7NT
- SIC 43130: Test drilling and boring
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-10-25
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 338 comparable companies in the UK (median £15k, upper quartile £116k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £255k | — | — | £98k | — | — | 1 |
| 2025-03-31 | £239k | — | — | £101k | — | — | 1 |
| 2024-03-31 | £249k | — | — | £103k | — | — | 1 |

current ratio 0.47; net assets trend volatile; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £255,032 at 31 March 2026
- Current assets below creditors within one year: Current ratio 0.47
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 11 October 2005

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Derick Watts — owns 75–100% of shares, since 2016-06-30

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05588411
HTML: https://firmoscan.com/company/05588411-direct-drilling-limited