THE DRILL INN LTD Financials
- Company number
- 06822605Copy
Copy - Registered office
- 33 Springle Styche Lane, Burntwood, Staffordshire WS7 9HD
- Incorporated
- 18/02/2009
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-7.05%vs 20232023: £-393.59K
Total Assets
4.22%vs 20232023: £55.58K
Cash in Bank
96.97%vs 20232023: £2.24K
Total Liabilities
6.70%vs 20232023: £449.17K
Employees
+3vs 20232023: 10
In 2024, THE DRILL INN LTD reported net assets of £-421.33K. The same filing shows total assets of £57.92K, cash in bank of £4.42K and total liabilities of £479.25K. Reported headcount was 13 in 2024. Total Liabilities rose from £449.17K in 2023 to £479.25K in 2024 (6.70%). 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
-7.05%from £-393.59K 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 THE DRILL INN LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+577%vs 2022+160% a year compound (CAGR)
Total Assets
-6.6%vs 2022-3.4% a year compound (CAGR)
Total Liabilities
+29.6%vs 2022+13.9% a year compound (CAGR)
Employees
-18.8%vs 2022-3Biggest increase
Cash in Bank+577%
£653.00 in 2022 to £4.42K in 2024
Biggest decrease
Employees-18.8%
16 in 2022 to 13 in 2024
THE DRILL INN LTD'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 THE DRILL INN 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
- -727.39%2024
- Liabilities to total assets
- 827.39%2024
- Cash to liabilities
- 0.92%2024
- Cash to total assets
- 7.63%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 THE DRILL INN LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -321.97K | -307.70K | -393.59K | -421.33K |
| Total Assets£ | 136.81K | 62.03K | 55.58K | 57.92K |
| Cash in Bank£ | 15.32K | 653.00 | 2.24K | 4.42K |
| Total Liabilities£ | 410.45K | 369.73K | 449.17K | 479.25K |
| Employees | 43 | 16 | 10 | 13 |
THE DRILL INN LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has THE DRILL INN LTD filed financial statements?
Yes. Okredo holds filed figures for THE DRILL INN LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did THE DRILL INN LTD report in 2024?
THE DRILL INN LTD reported net assets of £-421.33K for 2024. That compares with £-393.59K in 2023, a change of -7.05%.
What total assets did THE DRILL INN LTD report in 2024?
THE DRILL INN LTD reported total assets of £57.92K for 2024. That compares with £55.58K in 2023, a change of 4.22%.
What cash in bank did THE DRILL INN LTD report in 2024?
THE DRILL INN LTD reported cash in bank of £4.42K for 2024. That compares with £2.24K in 2023, a change of 96.97%.
How many people does THE DRILL INN LTD employ?
THE DRILL INN LTD reported 13 employees in 2024, compared with 10 in 2023.
How have THE DRILL INN LTD financials changed over the last 3 years?
Between 2022 and 2024, THE DRILL INN LTD's cash in bank rose by 577%, total assets fell by 6.6%, total liabilities rose by 29.6% and employee numbers fell by 18.8%. Cash in bank compounded at 160% a year across the two years to 2024, from £653.00 to £4.42K. Reported headcount went from 16 in 2022 to 13 in 2024 (-3).
Which years of THE DRILL INN LTD 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.