DRIL LTD Financials
- Company number
- 12803115Copy
Copy - Registered office
- Unit 3, Sisters Fish And Chips Severus Crescent, North Hykeham, Lincoln LN6 9ZA
- Incorporated
- 10/08/2020
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-40.95%vs 20242024: £59.07K
Total Assets
66.92%vs 20242024: £82.35K
Cash in Bank
-40.87%vs 20242024: £25.69K
Total Liabilities
212.04%vs 20242024: £20.59K
Employees
+2vs 20242024: 10
In 2025, DRIL LTD reported net assets of £34.88K. The same filing shows total assets of £137.46K, cash in bank of £15.19K and total liabilities of £64.25K. Reported headcount was 12 in 2025. Total Assets rose from £82.35K in 2024 to £137.46K in 2025 (66.92%). 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
-40.95%from £59.07K 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 DRIL LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-31.6%vs 2023-17.3% a year compound (CAGR)
Cash in Bank
-36.6%vs 2023-20.4% a year compound (CAGR)
Total Assets
+54.5%vs 2023+24.3% a year compound (CAGR)
Total Liabilities
+95.1%vs 2023+39.7% a year compound (CAGR)
Employees
+20%vs 2023+2Biggest increase
Total Liabilities+95.1%
£32.94K in 2023 to £64.25K in 2025
Biggest decrease
Cash in Bank-36.6%
£23.98K in 2023 to £15.19K in 2025
DRIL LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRIL LTD'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
- 25.38%2025
- Liabilities to total assets
- 46.74%2025
- Cash to liabilities
- 23.64%2025
- Cash to total assets
- 11.05%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 DRIL LTD 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£ | 36.50K | 46.26K | 51.03K | 59.07K | 34.88K |
| Total Assets£ | 94.90K | 82.78K | 88.95K | 82.35K | 137.46K |
| Cash in Bank£ | 11.05K | 7.23K | 23.98K | 25.69K | 15.19K |
| Total Liabilities£ | 49.97K | 30.90K | 32.94K | 20.59K | 64.25K |
| Employees | 14 | 11 | 10 | 10 | 12 |
DRIL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has DRIL LTD filed financial statements?
Yes. Okredo holds filed figures for DRIL LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did DRIL LTD report in 2025?
DRIL LTD reported net assets of £34.88K for 2025. That compares with £59.07K in 2024, a change of -40.95%.
What total assets did DRIL LTD report in 2025?
DRIL LTD reported total assets of £137.46K for 2025. That compares with £82.35K in 2024, a change of 66.92%.
What cash in bank did DRIL LTD report in 2025?
DRIL LTD reported cash in bank of £15.19K for 2025. That compares with £25.69K in 2024, a change of -40.87%.
How many people does DRIL LTD employ?
DRIL LTD reported 12 employees in 2025, compared with 10 in 2024.
How have DRIL LTD financials changed over the last 3 years?
Between 2023 and 2025, DRIL LTD's net assets fell by 31.6%, cash in bank fell by 36.6%, total assets rose by 54.5% and total liabilities rose by 95.1%. Net assets contracted at 17.3% a year across the two years to 2025, from £51.03K to £34.88K. Reported headcount went from 10 in 2023 to 12 in 2025 (+2).
Which years of DRIL LTD 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.