M. & D. DRILLING COMPANY LIMITED Financials
- Company number
- 03301327CopyCopy
- Registered office
- 14 Park Avenue, Sprotbrough, Doncaster, South Yorkshire DN5 7LW
- Incorporated
- 13/01/1997
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
18.51%vs 20232023: £282.12K
Total Assets
8.13%vs 20232023: £594.73K
Cash in Bank
27.09%vs 20232023: £315.43K
Total Liabilities
-1.23%vs 20232023: £312.61K
Employees
+2vs 20232023: 7
In 2024, M. & D. DRILLING COMPANY LIMITED reported net assets of £334.34K. The same filing shows total assets of £643.10K, cash in bank of £400.88K and total liabilities of £308.75K. Reported headcount was 9 in 2024. Cash in Bank rose from £315.43K in 2023 to £400.88K in 2024 (27.09%). 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
18.51%from £282.12K 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 M. & D. DRILLING COMPANY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+18.3%vs 2022+8.8% a year compound (CAGR)
Cash in Bank
+45.4%vs 2022+20.6% a year compound (CAGR)
Total Assets
+17.4%vs 2022+8.3% a year compound (CAGR)
Total Liabilities
+16.4%vs 2022+7.9% a year compound (CAGR)
Employees
-10%vs 2022-1Biggest increase
Cash in Bank+45.4%
£275.64K in 2022 to £400.88K in 2024
Biggest decrease
Employees-10%
10 in 2022 to 9 in 2024
M. & D. DRILLING COMPANY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M. & D. DRILLING COMPANY 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
- 51.99%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.
- Liabilities to total assets
- 48.01%2024
- 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
- 129.84%2024
- 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
- 62.34%2024
- 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 M. & D. DRILLING COMPANY 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£ | 259.27K | 282.52K | 282.12K | 334.34K |
| Total Assets£ | 515.48K | 547.86K | 594.73K | 643.10K |
| Cash in Bank£ | 238.63K | 275.64K | 315.43K | 400.88K |
| Total Liabilities£ | 256.21K | 265.34K | 312.61K | 308.75K |
| Employees | 11 | 10 | 7 | 9 |
M. & D. DRILLING COMPANY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M. & D. DRILLING COMPANY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
M. & D. DRILLING COMPANY LIMITED reported net assets of £334.34K for 2024. That compares with £282.12K in 2023, a change of 18.51%.
M. & D. DRILLING COMPANY LIMITED reported total assets of £643.10K for 2024. That compares with £594.73K in 2023, a change of 8.13%.
M. & D. DRILLING COMPANY LIMITED reported cash in bank of £400.88K for 2024. That compares with £315.43K in 2023, a change of 27.09%.
M. & D. DRILLING COMPANY LIMITED reported 9 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, M. & D. DRILLING COMPANY LIMITED's net assets rose by 18.3%, cash in bank rose by 45.4%, total assets rose by 17.4% and total liabilities rose by 16.4%. Net assets compounded at 8.8% a year across the two years to 2024, from £282.52K to £334.34K. Reported headcount went from 10 in 2022 to 9 in 2024 (-1).
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.