Petricore Limited in London, N3 3LF

Description

Data updated on: 01-11-2023

Petricore Limited has existed in the United Kingdom for at least 18 years. Registered with number 05835764 in the year 2006, it have office at Gable House, London N3 3LF. This firm switched its name already two times. Until 2015 the firm has delivered its services as Drilling Technologies but currently the firm is listed under the name Petricore Limited. This company's principal business activity number is 82990 and has the NACE code: Other business support service activities not elsewhere classified. 2021-12-31 is the last time company accounts were reported.

In order to satisfy the clientele, this company is continually controlled by a group of five directors who are, amongst the rest, Carlos P., Robert W. and Odd H.. Their mutual commitment has been of extreme use to the company since October 2022.

Previous company's names
Petricore Limited 2015-09-25
Drilling Technologies Limited 2008-02-27
Finamatics Data Services Limited 2006-06-02

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	45 941	381 479	3 155
Current Assets	1 325 069	10 074 662	9 339 929
Debtors	1 279 128	1 265 398	9 336 774
Net Assets Liabilities	6 766 099	8 070 530	5 915 190
Other Debtors	620 299	255 471	158 705
Property Plant Equipment	3 225 223	2 868 626	2 533 445
Total Inventories	1 975 301	10 366

Other Financial Data
Accrued Liabilities Deferred Income	76 000	76 000	83 979
Accumulated Amortisation Impairment Intangible Assets	481 308	634 131	14 850
Accumulated Depreciation Impairment Property Plant Equipment	2 447 138	5 306 094	5 766 534
Acquired Through Business Combinations Intangible Assets		81 141
Acquired Through Business Combinations Property Plant Equipment		319 586
Additions Other Than Through Business Combinations Intangible Assets			17 020
Additions Other Than Through Business Combinations Property Plant Equipment		597 285	886 095
Administrative Expenses	4 772 061	5 392 723	6 308 608
Amounts Owed To Associates Joint Ventures Participating Interests	2 586 764
Amounts Owed To Group Undertakings	1 472 272	1 462 272	1 506 538
Average Number Employees During Period	5	5	5
Bank Borrowings	2 807 057	153 642	163 508
Bank Borrowings Overdrafts	2 648 429	153 642	163 508
Called Up Share Capital Not Paid	55 495	44 907	55 495
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	3 341 937	2 726 080	1 851 623
Cash Cash Equivalents	1 203 136	2 298 648	3 456 621
Cash Cash Equivalents Cash Flow Value	45 941	381 479
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses	-8 094	1 613 536
Comprehensive Income Expense	-1 422 029	7 708 830	354 433
Cost Sales	19 961 369	17 630 529	22 360 639
Creditors	2 567 012	2 636 769	13 236 749
Current Tax For Period	1 073 882	1 376 136	2 421 323
Deferred Tax Asset Debtors		1 266 068	1 422 179
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-542 032	-62 805	-148 253
Dividends Received Classified As Investing Activities		-3 924 440
Finance Lease Liabilities Present Value Total	3 086 013	2 081 507	1 493 971
Finance Lease Payments Owing Minimum Gross	2 899 226	2 459 489
Finished Goods Goods For Resale	1 964 637
Fixed Assets	18 974 874	20 217 613	11 495 161
Further Item Creditors Component Total Creditors	200 426	8 031	169 668
Further Item Tax Increase Decrease Component Adjusting Items	-135 778	124 512	369 537
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income	219 441	-340 298	380 680
Gross Profit Loss	5 032 544	8 089 218
Income Taxes Paid Refund Classified As Operating Activities		-2 579 399	-2 429 181
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences	219 441	-340 298
Increase From Amortisation Charge For Year Intangible Assets		152 823	14 850
Increase From Depreciation Charge For Year Property Plant Equipment		356 597	911 981
Intangible Assets	89 604	137 203	124 481
Intangible Assets Gross Cost	1 528 234	81 141	81 141
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	264 088	1 838
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	77 585	101 525
Interest Paid Classified As Operating Activities	-853 027	-542 448	-188 565
Interest Payable Similar Charges Finance Costs	853 027	542 448	2 146 504
Interest Received Classified As Investing Activities	-166 049	-49 971	-27 933
Investments	15 692 851	17 306 387
Investments Fixed Assets	15 692 851	17 306 387	8 933 316
Investments In Subsidiaries	8 871 192	8 878 602	8 933 316
Issue Equity Instruments			178 300
Loans From Group Undertakings Participating Interests	624 242	481 008	406 682
Loans To Subsidiaries	6 821 659	8 427 785
Net Cash Generated From Operations	229 586	2 320 160	-3 951 604
Net Finance Income Costs	166 049	3 974 411	27 933
Operating Profit Loss	437 191	3 200 826
Other Creditors	115 875	1 993 280	1 621 698
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			325 913
Other Disposals Property Plant Equipment		13 483	985 239
Other Interest Receivable Similar Income Finance Income	47 942	33 319	27 933
Other Remaining Borrowings	6 720 452	8 140 694	10 016 438
Payments Received On Account	414 213	359	406
Pension Other Post-employment Benefit Costs Other Pension Costs		29 387	33 187
Percentage Class Share Held In Subsidiary		70
Prepayments Accrued Income	147 013	76 571	342 376
Profit Loss	-9 466 674	1 304 431	-2 333 640
Profit Loss On Ordinary Activities Before Tax	-1 109 620	9 362 459	2 246 823
Property Plant Equipment Gross Cost	10 182 170	11 085 558	5 367 864
Purchase Property Plant Equipment	-158 372
Raw Materials Consumables	10 664	10 366
Staff Costs Employee Benefits Expense		9 959 448	10 690 078
Tax Decrease Increase From Effect Revenue Exempt From Taxation		2 050 287
Tax Increase Decrease From Effect Capital Allowances Depreciation	-26 894	12 162
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 675 811	566 003	1 229 486
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	440 435	148 526
Tax Tax Credit On Profit Or Loss On Ordinary Activities	531 850	1 313 331	2 273 070
Total Borrowings	2 648 429	8 140 694	10 016 438
Trade Creditors Trade Payables	446 486	5 350 575	9 896 367
Trade Debtors Trade Receivables	6 449 539	52 464	20 156 167
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Amortisation Impairment Intangible Assets		-13 266
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment		-244 706
Turnover Revenue	24 993 913	25 719 747
Wages Salaries	10 672 243	9 715 624	10 429 639