APEX DRILLING SERVICES LIMITED Financials
- Company number
- 02868897Copy
Copy - Registered office
- 2 Oldfield Road, Bocam Park, Bridgend, Bridgend County Borough CF35 5LJ
- Incorporated
- 03/11/1993
Company snapshot
- Status
- Active
- Employees
- 49 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-21.06%vs 20242024: £1.02M
Total Assets
-8.21%vs 20242024: £3.18M
Cash in Bank
-68.47%vs 20242024: £485.23K
Total Liabilities
-2.16%vs 20242024: £2.16M
Employees
-3vs 20242024: 52
In 2025, APEX DRILLING SERVICES LIMITED reported net assets of £803.02K. The same filing shows total assets of £2.92M, cash in bank of £153.00K and total liabilities of £2.11M. Reported headcount was 49 in 2025. Cash in Bank fell from £485.23K in 2024 to £153.00K in 2025 (-68.47%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-21.06%from £1.02M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures APEX DRILLING SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-14.2%vs 2023-7.3% a year compound (CAGR)
Cash in Bank
-73.6%vs 2023-48.6% a year compound (CAGR)
Total Assets
-12.8%vs 2023-6.6% a year compound (CAGR)
Total Liabilities
-12.3%vs 2023-6.3% a year compound (CAGR)
Employees
-15.5%vs 2023-9Biggest decrease
Cash in Bank-73.6%
£579.09K in 2023 to £153.00K in 2025
Every indicator Okredo holds for APEX DRILLING SERVICES LIMITED fell between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from APEX DRILLING SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 27.54%2025
- Liabilities to total assets
- 72.46%2025
- Cash to liabilities
- 7.24%2025
- Cash to total assets
- 5.25%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for APEX DRILLING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 559.34K | 654.08K | 935.46K | 1.02M | 803.02K |
| Total Assets£ | 3.42M | 3.52M | 3.34M | 3.18M | 2.92M |
| Cash in Bank£ | 233.14K | 220.80K | 579.09K | 485.23K | 153.00K |
| Total Liabilities£ | 2.87M | 2.86M | 2.41M | 2.16M | 2.11M |
| Employees | 59 | 59 | 58 | 52 | 49 |
APEX DRILLING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has APEX DRILLING SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for APEX DRILLING SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did APEX DRILLING SERVICES LIMITED report in 2025?
APEX DRILLING SERVICES LIMITED reported net assets of £803.02K for 2025. That compares with £1.02M in 2024, a change of -21.06%.
What total assets did APEX DRILLING SERVICES LIMITED report in 2025?
APEX DRILLING SERVICES LIMITED reported total assets of £2.92M for 2025. That compares with £3.18M in 2024, a change of -8.21%.
What cash in bank did APEX DRILLING SERVICES LIMITED report in 2025?
APEX DRILLING SERVICES LIMITED reported cash in bank of £153.00K for 2025. That compares with £485.23K in 2024, a change of -68.47%.
How many people does APEX DRILLING SERVICES LIMITED employ?
APEX DRILLING SERVICES LIMITED reported 49 employees in 2025, compared with 52 in 2024.
How have APEX DRILLING SERVICES LIMITED financials changed over the last 3 years?
Between 2023 and 2025, APEX DRILLING SERVICES LIMITED's net assets fell by 14.2%, cash in bank fell by 73.6%, total assets fell by 12.8% and total liabilities fell by 12.3%. Net assets contracted at 7.3% a year across the two years to 2025, from £935.46K to £803.02K. Reported headcount went from 58 in 2023 to 49 in 2025 (-9).
Which years of APEX DRILLING SERVICES LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.