# SMART REAMER DRILLING SYSTEMS LTD (06983072)

> SMART REAMER DRILLING SYSTEMS LTD is an active private limited company (company number 06983072) incorporated on 6 August 2009, registered in Slough. Its registered activity is extraction of crude petroleum (SIC 06100). Latest abridged accounts cover the period ending 31 December 2024, showing net assets of £182k and cash of £79k, with 1 employee on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 39% on the prior period (£297k).

- Status: Active
- Incorporated: 2009-08-06
- Registered office: Slough, SL1 4DX
- SIC 06100: Extraction of crude petroleum
- SIC 06200: Extraction of natural gas
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-08-20
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 544 comparable companies in the UK (median £1,526, upper quartile £52k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £182k | £79k | £5,575 | £14k | — | — | 1 |
| 2023-12-31 | £297k | £122k | £5,721 | £703 | — | — | 1 |

current ratio 6.24; size band micro.

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

- Net assets above zero: Net assets £181,624 at 31 December 2024
- Net assets down 25% or more on the prior period: -38.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 6.24
- Cash at bank of £50,000 or more: Cash £78,854
- Incorporated five or more years ago: Incorporated 6 August 2009
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Wajid Rasheed — 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/06983072
HTML: https://firmoscan.com/company/06983072-smart-reamer-drilling-systems-ltd