O T DRILLING LTD Financials
- Company number
- 06220476CopyCopy
- Registered office
- The Goods Shed, Jubilee Way, Faversham, Kent ME13 8GD
- Incorporated
- 20/04/2007
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-44.52%vs 20242024: £45.68K
Total Assets
-18.83%vs 20242024: £95.27K
Cash in Bank
-37.18%vs 20242024: £26.61K
Total Liabilities
4.83%vs 20242024: £49.59K
Employees
0vs 20242024: 0
In 2025, O T DRILLING LTD reported net assets of £25.35K. The same filing shows total assets of £77.33K, cash in bank of £16.72K and total liabilities of £51.99K. Reported headcount was 0 in 2025. Net Assets fell from £45.68K in 2024 to £25.35K in 2025 (-44.52%). 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
-44.52%from £45.68K 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 O T DRILLING LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-70.8%vs 2023-46% a year compound (CAGR)
Cash in Bank
+464%vs 2023+138% a year compound (CAGR)
Total Assets
-34.3%vs 2023-18.9% a year compound (CAGR)
Total Liabilities
+68.5%vs 2023+29.8% a year compound (CAGR)
Employees
-100%vs 2023-3Biggest increase
Cash in Bank+464%
£2.96K in 2023 to £16.72K in 2025
Biggest decrease
Employees-100%
3 in 2023 to 0 in 2025
O T DRILLING LTD's filings pull in both directions between 2023 and 2025. 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 O T DRILLING 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
- 32.77%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.
- Liabilities to total assets
- 67.23%2025
- 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
- 32.16%2025
- 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
- 21.62%2025
- 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 O T DRILLING 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£ | 80.36K | 105.59K | 86.80K | 45.68K | 25.35K |
| Total Assets£ | 199.14K | 225.34K | 117.66K | 95.27K | 77.33K |
| Cash in Bank£ | 37.87K | 14.68K | 2.96K | 26.61K | 16.72K |
| Total Liabilities£ | 75.09K | 65.33K | 30.86K | 49.59K | 51.99K |
| Employees | 4 | 3 | 3 | 0 | 0 |
O T DRILLING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for O T DRILLING LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
O T DRILLING LTD reported net assets of £25.35K for 2025. That compares with £45.68K in 2024, a change of -44.52%.
O T DRILLING LTD reported total assets of £77.33K for 2025. That compares with £95.27K in 2024, a change of -18.83%.
O T DRILLING LTD reported cash in bank of £16.72K for 2025. That compares with £26.61K in 2024, a change of -37.18%.
O T DRILLING LTD reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, O T DRILLING LTD's net assets fell by 70.8%, cash in bank rose by 464%, total assets fell by 34.3% and total liabilities rose by 68.5%. Net assets contracted at 46% a year across the two years to 2025, from £86.80K to £25.35K. Reported headcount went from 3 in 2023 to 0 in 2025 (-3).
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.