DRAGON DRILLING (WATER) LIMITED Financials
- Company number
- 09434560CopyCopy
- Registered office
- Graig Lelo Works, Bryn Saith Marchog, Corwen, Denbighshire LL21 9SD
- Incorporated
- 11/02/2015
Company snapshot
- Status
- Active
- Employees
- 13 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
20.93%vs 20252025: £6.35K
Total Assets
-2.29%vs 20252025: £227.14K
Cash in Bank
207.49%vs 20252025: £38.77K
Total Liabilities
-2.96%vs 20252025: £220.79K
Employees
+1vs 20252025: 12
In 2026, DRAGON DRILLING (WATER) LIMITED reported net assets of £7.68K. The same filing shows total assets of £221.93K, cash in bank of £119.21K and total liabilities of £214.25K. Reported headcount was 13 in 2026. Cash in Bank rose from £38.77K in 2025 to £119.21K in 2026 (207.49%). Okredo holds filed figures for 2022–2026; 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
20.93%from £6.35K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures DRAGON DRILLING (WATER) LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-84.3%vs 2024-60.4% a year compound (CAGR)
Cash in Bank
+38.6%vs 2024+17.7% a year compound (CAGR)
Total Assets
-21.8%vs 2024-11.6% a year compound (CAGR)
Total Liabilities
-8.8%vs 2024-4.5% a year compound (CAGR)
Employees
+30%vs 2024+3Biggest increase
Cash in Bank+38.6%
£86.02K in 2024 to £119.21K in 2026
Biggest decrease
Net Assets-84.3%
£49.03K in 2024 to £7.68K in 2026
DRAGON DRILLING (WATER) LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRAGON DRILLING (WATER) 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
- 3.46%2026
- 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.
- Liabilities to total assets
- 96.54%2026
- 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.
- Cash to liabilities
- 55.64%2026
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 53.72%2026
- 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 DRAGON DRILLING (WATER) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 3.00 | 34.63K | 49.03K | 6.35K | 7.68K |
| Total Assets£ | – | 228.59K | 283.91K | 227.14K | 221.93K |
| Cash in Bank£ | – | 37.73K | 86.02K | 38.77K | 119.21K |
| Total Liabilities£ | 0.00 | 193.96K | 234.88K | 220.79K | 214.25K |
| Employees | 0 | – | 10 | 12 | 13 |
DRAGON DRILLING (WATER) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for DRAGON DRILLING (WATER) LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
DRAGON DRILLING (WATER) LIMITED reported net assets of £7.68K for 2026. That compares with £6.35K in 2025, a change of 20.93%.
DRAGON DRILLING (WATER) LIMITED reported total assets of £221.93K for 2026. That compares with £227.14K in 2025, a change of -2.29%.
DRAGON DRILLING (WATER) LIMITED reported cash in bank of £119.21K for 2026. That compares with £38.77K in 2025, a change of 207.49%.
DRAGON DRILLING (WATER) LIMITED reported 13 employees in 2026, compared with 12 in 2025.
Between 2024 and 2026, DRAGON DRILLING (WATER) LIMITED's net assets fell by 84.3%, cash in bank rose by 38.6%, total assets fell by 21.8% and total liabilities fell by 8.8%. Net assets contracted at 60.4% a year across the two years to 2026, from £49.03K to £7.68K. Reported headcount went from 10 in 2024 to 13 in 2026 (+3).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.