DRUM DEVELOPMENT GROUP LIMITED Financials
- Company number
- SC150314Copy
Copy - Registered office
- 12 Rubislaw Terrace Lane, Aberdeen AB10 1XF
- Incorporated
- 19/04/1994
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
16.15%vs 20232023: £37.32M
Total Assets
13.00%vs 20232023: £38.85M
Cash in Bank
-9.52%vs 20232023: £26.00M
Total Liabilities
-64.17%vs 20232023: £1.52M
Employees
0vs 20232023: 6
In 2024, DRUM DEVELOPMENT GROUP LIMITED reported net assets of £43.35M. The same filing shows total assets of £43.90M, cash in bank of £23.53M and total liabilities of £545.84K. Reported headcount was 6 in 2024. Net Assets rose from £37.32M in 2023 to £43.35M in 2024 (16.15%). Okredo holds filed figures for 2021–2024; 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
16.15%from £37.32M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures DRUM DEVELOPMENT GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+23.7%vs 2022+11.2% a year compound (CAGR)
Cash in Bank
-28.5%vs 2022-15.4% a year compound (CAGR)
Total Assets
-19.2%vs 2022-10.1% a year compound (CAGR)
Total Liabilities
-97.2%vs 2022-83.2% a year compound (CAGR)
Employees
+20%vs 2022+1Biggest increase
Net Assets+23.7%
£35.03M in 2022 to £43.35M in 2024
Biggest decrease
Total Liabilities-97.2%
£19.33M in 2022 to £545.84K in 2024
DRUM DEVELOPMENT GROUP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from DRUM DEVELOPMENT GROUP 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
- 98.76%2024
- Liabilities to total assets
- 1.24%2024
- Cash to liabilities
- 4,310.43%2024
- Cash to total assets
- 53.60%2024
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 DRUM DEVELOPMENT GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 29.85M | 35.03M | 37.32M | 43.35M |
| Total Assets£ | 49.41M | 54.36M | 38.85M | 43.90M |
| Cash in Bank£ | 13.38M | 32.90M | 26.00M | 23.53M |
| Total Liabilities£ | 19.56M | 19.33M | 1.52M | 545.84K |
| Employees | 0 | 5 | 6 | 6 |
DRUM DEVELOPMENT GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has DRUM DEVELOPMENT GROUP LIMITED filed financial statements?
Yes. Okredo holds filed figures for DRUM DEVELOPMENT GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did DRUM DEVELOPMENT GROUP LIMITED report in 2024?
DRUM DEVELOPMENT GROUP LIMITED reported net assets of £43.35M for 2024. That compares with £37.32M in 2023, a change of 16.15%.
What total assets did DRUM DEVELOPMENT GROUP LIMITED report in 2024?
DRUM DEVELOPMENT GROUP LIMITED reported total assets of £43.90M for 2024. That compares with £38.85M in 2023, a change of 13.00%.
What cash in bank did DRUM DEVELOPMENT GROUP LIMITED report in 2024?
DRUM DEVELOPMENT GROUP LIMITED reported cash in bank of £23.53M for 2024. That compares with £26.00M in 2023, a change of -9.52%.
How many people does DRUM DEVELOPMENT GROUP LIMITED employ?
DRUM DEVELOPMENT GROUP LIMITED reported 6 employees in 2024, compared with 6 in 2023.
How have DRUM DEVELOPMENT GROUP LIMITED financials changed over the last 3 years?
Between 2022 and 2024, DRUM DEVELOPMENT GROUP LIMITED's net assets rose by 23.7%, cash in bank fell by 28.5%, total assets fell by 19.2% and total liabilities fell by 97.2%. Net assets compounded at 11.2% a year across the two years to 2024, from £35.03M to £43.35M. Reported headcount went from 5 in 2022 to 6 in 2024 (+1).
Which years of DRUM DEVELOPMENT GROUP LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.