TOMAX DRILLING TECHNOLOGY UK LIMITED Financials
- Company number
- SC492836CopyCopy
- Registered office
- 6 & 7 Queens Terrace, Aberdeen AB10 1XL
- Incorporated
- 05/12/2014
Company snapshot
- Status
- Active
- Employees
- 8 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-4.85K%vs 20242024: £-44.89K
Total Assets
36.15%vs 20242024: £203.29K
Cash in Bank
-74.59%vs 20242024: £2.09M
Total Liabilities
85.44%vs 20222022: £2.24M
Employees
0vs 20242024: 8
In 2025, TOMAX DRILLING TECHNOLOGY UK LIMITED reported net assets of £-2.22M. The same filing shows total assets of £276.78K, cash in bank of £530.67K and total liabilities of £4.16M. Reported headcount was 8 in 2025. Net Assets fell from £-44.89K in 2024 to £-2.22M in 2025 (-4.85K%). Okredo holds filed figures for 2022–2025; 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
-4.85K%from £-44.89K in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures TOMAX DRILLING TECHNOLOGY UK LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-927%vs 2023Cash in Bank
-27.3%vs 2023-14.7% a year compound (CAGR)
Total Assets
-93.8%vs 2023-75% a year compound (CAGR)
Employees
-20%vs 2023-2Biggest decrease
Net Assets-927%
£268.93K in 2023 to £-2.22M in 2025
Every indicator Okredo holds for TOMAX DRILLING TECHNOLOGY UK LIMITED fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TOMAX DRILLING TECHNOLOGY UK 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
- -803.18%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
- 93.93%2023
- 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
- 17.53%2023
- 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
- 191.73%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 TOMAX DRILLING TECHNOLOGY UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | -64.49K | 268.93K | -44.89K | -2.22M |
| Total Assets£ | 2.18M | 4.43M | 203.29K | 276.78K |
| Cash in Bank£ | 577.75K | 729.55K | 2.09M | 530.67K |
| Total Liabilities£ | 2.24M | 4.16M | – | – |
| Employees | 8 | 10 | 8 | 8 |
TOMAX DRILLING TECHNOLOGY UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TOMAX DRILLING TECHNOLOGY UK LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
TOMAX DRILLING TECHNOLOGY UK LIMITED reported net assets of £-2.22M for 2025. That compares with £-44.89K in 2024, a change of -4.85K%.
TOMAX DRILLING TECHNOLOGY UK LIMITED reported total assets of £276.78K for 2025. That compares with £203.29K in 2024, a change of 36.15%.
TOMAX DRILLING TECHNOLOGY UK LIMITED reported cash in bank of £530.67K for 2025. That compares with £2.09M in 2024, a change of -74.59%.
TOMAX DRILLING TECHNOLOGY UK LIMITED reported 8 employees in 2025, compared with 8 in 2024.
Between 2023 and 2025, TOMAX DRILLING TECHNOLOGY UK LIMITED's net assets fell by 927%, cash in bank fell by 27.3%, total assets fell by 93.8% and employee numbers fell by 20%. Cash in bank contracted at 14.7% a year across the two years to 2025, from £729.55K to £530.67K. Reported headcount went from 10 in 2023 to 8 in 2025 (-2).
Okredo holds reported figures for the years 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.