Groundsource Drilling & Contracting Limited in Wakefield, WF2 7BJ

Description

Data updated on: 01-11-2023

Groundsource Drilling & Contracting Limited is located at Wakefield at 7 Navigation Court. Anyone can find the firm by its post code - WF2 7BJ. This company has been in business on the British market for thirteen years. This business is registered under the number 07699498 and its last known status is active. This enterprise's SIC code is 43999 : Other specialised construction activities not elsewhere classified. 2022-08-31 is the last time the accounts were filed.

For this business, many of director's assignments have so far been performed by Robert J. and Ian W.. As for these two individuals, Robert J. has carried on with the business the longest, having become a vital addition to officers' team on 2011-09-08. Furthermore, the managing director's responsibilities are helped with by a secretary - Ian W., who was selected by this specific business twelve years ago.

Executives with significant control over the firm are: John B. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Stewart R. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-56 124	-77 640	-79 906	-24 375	15 648

Balance Sheet
Cash Bank On Hand					128 856	15 169	121 924	360 790	1 068 957	123 340	974 758
Current Assets	177 777	257 050	270 900	440 000	580 038	504 807	642 068	1 170 718	1 636 217	1 077 205	1 856 056
Debtors	38 644	31 345	37 843	29 927	66 372	537	165 207	471 716	279 729	567 083	514 783
Net Assets Liabilities					15 648	-79 285	-34 384	130 505	362 076	268 472	729 094
Other Debtors							139 147	84 489	277 609	470 630	510 355
Property Plant Equipment					56 376	48 214	186 517	150 944	162 956	139 009	695 316
Total Inventories					384 810	489 101	354 937	338 212	287 531	386 782
Cash Bank In Hand	62 372	70 417	62 088	17 604	128 856
Net Assets Liabilities Including Pension Asset Liability	-56 124	-77 640	-79 906	-24 375	15 648
Stocks Inventory	76 761	155 288	170 969	392 469	384 810
Tangible Fixed Assets	91 585	94 926	114 909	83 919	56 376

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	-57 124	-78 640	-80 906	-25 375	14 648
Shareholder Funds	-56 124	-77 640	-79 906	-24 375	15 648

Other Financial Data
Accrued Liabilities							19 416	18 732	17 605
Accrued Liabilities Not Expressed Within Creditors Subtotal					-3 930	-14 728	-19 416
Accumulated Depreciation Impairment Property Plant Equipment					104 119	126 994	145 489	222 653	256 129	314 970	399 057
Additions Other Than Through Business Combinations Property Plant Equipment						20 708	181 673	41 591	94 136	34 893
Average Number Employees During Period					23	23	24	25	25	40	35
Bank Borrowings									50 000	39 167
Bank Borrowings Overdrafts										39 167	29 693
Creditors					119 222	226 445	89 939	64 057	83 074	57 015	374 581
Depreciation Expense Property Plant Equipment					28 193	28 870
Disposals Decrease In Depreciation Impairment Property Plant Equipment						-5 996	-24 875		-48 169
Disposals Property Plant Equipment						-5 996	-24 875		-48 648
Finance Lease Liabilities Present Value Total							30 366	11 781	26 649	18 326
Financial Liabilities							59 573	45 472
Finished Goods Goods For Resale						30 236
Future Minimum Lease Payments Under Non-cancellable Operating Leases											12 833
Increase From Depreciation Charge For Year Property Plant Equipment						28 871	43 370	77 164	81 645	58 841	84 088
Net Current Assets Liabilities	14 657	116 052	146 867	82 473	87 046	118 296	-130 962	65 552	302 308	202 694	576 972
Other Creditors							16 403	13 828	16 705	7 763	344 888
Other Inventories					28 259		51 306	81 986	71 716	166 625
Other Remaining Borrowings									50 000
Other Taxation Social Security Payable										68 759	18 411
Prepayments							3 693	5 131
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal				605	622	638	3 693
Property Plant Equipment Gross Cost					160 496	175 208	332 006	373 597	419 085	453 978	1 094 373
Provisions For Liabilities Balance Sheet Subtotal					4 622	4 622		21 934	20 114	16 216	168 613
Taxation Social Security Payable							26 419	139 035	171 635	68 113
Total Additions Including From Business Combinations Property Plant Equipment											640 395
Total Assets Less Current Liabilities	106 242	210 978	261 776	166 392	143 422	166 510	55 555	216 496	465 264	341 702	1 272 288
Total Borrowings							30 366	18 585	83 074	57 015
Trade Creditors Trade Payables							699 992	921 790	1 101 315	770 309	950 223
Trade Debtors Trade Receivables							22 367	382 096	2 120	96 453	4 428
Work In Progress					356 551	458 865	303 631	256 226	215 815	220 157
Creditors Due After One Year	162 366	288 618	341 682	186 742	109 140
Creditors Due Within One Year	163 120	140 998	124 033	358 132	493 614
Number Shares Allotted	1 000	1 000	1 000	1 000	1 000
Par Value Share	1	1	1	1	1
Tangible Fixed Assets Additions	103 442	20 646	41 033	695
Tangible Fixed Assets Cost Or Valuation	103 442	124 088	165 121	159 846
Tangible Fixed Assets Depreciation	11 857	29 162	50 212	75 927
Tangible Fixed Assets Depreciation Charged In Period	11 857	17 305	21 050	30 637
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				4 922
Tangible Fixed Assets Disposals				5 970
Value Shares Allotted	1 000	1 000	1 000	1 000
Accruals Deferred Income				-4 025	-14 012
Fixed Assets				83 919	56 376
Provisions For Liabilities Charges					4 622

Company staff

Ian W.

Role: Secretary

Appointed: 01 March 2012

Latest update: 3 March 2024

Robert J.

Role: Director

Appointed: 08 September 2011

Latest update: 3 March 2024

Ian W.

Role: Director

Appointed: 08 September 2011

Latest update: 3 March 2024

People with significant control

John B.

Notified on 9 December 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Stewart R.

Notified on 25 July 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 May 2024
Account last made up date	31 August 2022
Confirmation statement next due date	01 September 2024
Confirmation statement last made up date	18 August 2023

Annual Accounts 27 May 2014
Start Date For Period Covered By Report	01 September 2012
End Date For Period Covered By Report	31 August 2013
Date Approval Accounts	27 May 2014
Annual Accounts 1 April 2015
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2014
Date Approval Accounts	1 April 2015
Annual Accounts 30 May 2017
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2015
Date Approval Accounts	30 May 2017
Annual Accounts
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2015
Annual Accounts
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2015
Annual Accounts
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2015
Annual Accounts
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2015
Annual Accounts
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2015
Annual Accounts
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2015
Annual Accounts 9 April 2013
End Date For Period Covered By Report	31 August 2012
Date Approval Accounts	9 April 2013
Annual Accounts 20 May 2016
End Date For Period Covered By Report	31 August 2015
Date Approval Accounts	20 May 2016

Groundsource Drilling & Contracting Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ian W.

Robert J.

Ian W.

Christopher H.

Stewart R.

People with significant control

John B.

Stewart R.

Accounts Documents

Company filings

Filing category

Additional Information

Accountant/Auditor,
2014 - 2015

Name:

Address:

Post code:

City / Town:

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Groundsource Drilling & Contracting Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ian W.

Robert J.

Ian W.

Christopher H.

Stewart R.

People with significant control

John B.

Stewart R.

Accounts Documents

Company filings

Filing category

Additional Information

Accountant/Auditor, 2014 - 2015

Name:

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies

Accountant/Auditor,
2014 - 2015