Saxton Drilling Limited in Truro, TR1 1DG

Description

Data updated on: 01-11-2023

Saxton Drilling Limited has been prospering in the business for at least fifty seven years. Started with Companies House Reg No. 00925272 in the year 1967, it is located at The Old Carriage Works, Truro TR1 1DG. This company is known as Saxton Drilling Limited. Moreover the firm also operated as Saxton Deep Drillers until the company name was replaced 22 years ago. This firm's SIC and NACE codes are 42990 which means Construction of other civil engineering projects n.e.c.. The business most recent financial reports cover the period up to Sat, 31st Dec 2022 and the latest confirmation statement was filed on Sun, 14th May 2023.

Saxton Drilling Ltd is a small-sized vehicle operator with the licence number OH1087230. The firm has one transport operating centre in the country. In their subsidiary in Redruth on Cardrew Industrial Estate, 1 machine is available.

14 transactions have been registered in 2012 with a sum total of £233,122. In 2011 there was a similar number of transactions (exactly 20) that added up to £324,020. The Council conducted 8 transactions in 2010, this added up to £155,031. All the transactions taken into account were valued at 500 pounds or more. In total, the company conducted 42 transactions and issued invoices for £712,173. Cooperation with the Cornwall Council council covered the following areas: Unit Specific.

Currently, the directors appointed by the following business are as follow: Lynda T. chosen to lead the company in 2011 in November and Andrew T. chosen to lead the company 32 years ago.

Previous company's names
Saxton Drilling Limited 2002-06-06
Saxton Deep Drillers Limited 1967-12-29

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	1 696 210	1 829 003

Balance Sheet
Cash Bank In Hand	465 197	348 168
Cash Bank On Hand			519 727	433 201	777 059	734 915	926 952	1 047 901	1 130 444	1 172 508
Current Assets	1 984 382	1 999 559	2 371 629	2 230 531	2 405 193	2 244 616	2 347 483	2 602 898	2 604 362	2 871 345
Debtors	1 248 466	1 374 666	1 557 132	1 519 494	1 348 971	1 199 995	1 070 292	1 239 356	1 108 585	1 318 915
Net Assets Liabilities			2 000 584	1 989 642	2 078 580	2 116 622	2 206 791	2 300 570	2 470 103	2 633 424
Net Assets Liabilities Including Pension Asset Liability	1 696 210	1 829 003
Property Plant Equipment			1 275 348	1 039 174	888 401	759 160	801 178	709 359	587 544	791 449
Stocks Inventory	270 719	276 725
Tangible Fixed Assets	798 438	925 555
Total Inventories			294 770	277 836	279 163	309 706	350 239	315 641	365 333	379 922

Capital & Reserves
Called Up Share Capital	150 000	150 000
Profit Loss Account Reserve	1 546 210	1 679 003
Shareholder Funds	1 696 210	1 829 003

Other Financial Data
Accrued Liabilities Deferred Income			95 372	102 836	108 888	98 074	170 092	290 829	115 768	110 408
Accumulated Depreciation Impairment Property Plant Equipment			3 071 942	3 370 466	3 574 258	3 679 028	3 928 042	4 247 834	4 491 730	3 965 751
Amounts Recoverable On Contracts			377 760	430 522	431 790	280 000	300 285	362 586	151 450	330 679
Average Number Employees During Period			80	80	79	70	69	64	61	56
Corporation Tax Payable			5 799	55 000	55 707	54 127	32 483	51 393	88 844	17 569
Creditors			386 108	209 301	67 888	806 964	44 917	919 824	645 714	851 819
Creditors Due After One Year	151 990	203 266
Creditors Due Within One Year	921 637	861 653
Disposals Decrease In Depreciation Impairment Property Plant Equipment				114 112	151 335	237 744	112 959	24 600	53 073	813 393
Disposals Property Plant Equipment				125 872	167 826	254 006	112 959	24 600	53 485	858 308
Finance Lease Liabilities Present Value Total			386 108	209 301	67 888	67 889	44 917	44 917
Fixed Assets	799 137	926 254	1 276 047	1 039 873	889 100	759 859	801 877	710 058	588 243	792 148
Increase From Depreciation Charge For Year Property Plant Equipment				412 636	355 127	342 514	361 973	344 392	296 969	287 414
Investments Fixed Assets	699	699	699	699	699	699	699	699	699	699
Net Current Assets Liabilities	1 062 745	1 137 906	1 228 822	1 256 410	1 348 037	1 437 652	1 550 728	1 683 074	1 958 648	2 019 526
Number Shares Allotted		150 000
Other Creditors			2 841	2 748	3 126	7 021	8 345	9 484	10 449	10 064
Other Investments Other Than Loans			699	699	699	699	699	699	699	699
Other Taxation Social Security Payable			168 865	165 055	137 693	172 154	120 646	106 052	54 110	52 238
Par Value Share		1
Prepayments Accrued Income			34 694	48 463	45 314	42 761	38 050	113 279	132 742	153 299
Property Plant Equipment Gross Cost			4 347 290	4 409 640	4 462 659	4 438 188	4 729 220	4 957 193	5 079 274	4 757 200
Provisions			118 177	97 340	90 669	80 889	100 897	92 562	76 788	178 250
Provisions For Liabilities Balance Sheet Subtotal			118 177	97 340	90 669	80 889	100 897	92 562	76 788	178 250
Provisions For Liabilities Charges	13 682	31 891
Secured Debts	295 157	390 035
Tangible Fixed Assets Additions		459 989
Tangible Fixed Assets Cost Or Valuation	3 520 954	3 756 879
Tangible Fixed Assets Depreciation	2 722 516	2 831 324
Tangible Fixed Assets Depreciation Charged In Period		325 533
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		216 725
Tangible Fixed Assets Disposals		224 064
Total Additions Including From Business Combinations Property Plant Equipment				188 222	220 845	229 535	403 991	252 573	175 566	536 234
Total Assets Less Current Liabilities	1 861 882	2 064 160	2 504 869	2 296 283	2 237 137	2 197 511	2 352 605	2 393 132	2 546 891	2 811 674
Trade Creditors Trade Payables			638 016	471 675	610 329	407 699	377 439	417 149	374 091	661 540
Trade Debtors Trade Receivables			1 144 678	1 040 509	871 867	877 234	731 957	763 491	824 393	764 462
Value Shares Allotted	150 000	150 000
Increase Decrease In Property Plant Equipment							195 000
Recoverable Value-added Tax										70 475