Truecut Diamond Drilling Limited in Canterbury, CT3 3EP

Description

Data updated on: 01-11-2023

Truecut Diamond Drilling Limited has been prospering on the local market for at least 17 years. Started with Companies House Reg No. 06213835 in 2007, it is based at Ovenden House, Wilcox Close, Canterbury CT3 3EP. This enterprise's registered with SIC code 43999 meaning Other specialised construction activities not elsewhere classified. Truecut Diamond Drilling Ltd released its latest accounts for the period up to 2023-03-31. The most recent confirmation statement was submitted on 2023-04-16.

As stated, this specific limited company was started in 2007 and has been run by four directors, and out this collection of individuals three (Colin W., Gary V. and Alexander O.) are still in the management. Furthermore, the managing director's tasks are regularly supported by a secretary - Alexander O., who joined the limited company in 2007.

Gary V. is the individual who controls this firm, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	610 982	709 602

Balance Sheet
Cash Bank In Hand	327 766	445 132
Current Assets	756 008	718 962	967 131	964 706	1 211 237	1 408 034	1 499 319	1 350 792
Debtors	428 242	273 830	428 426	458 235	528 885	657 034	645 002	420 434
Cash Bank On Hand			538 705	506 471	682 352	751 000	854 317	930 358
Net Assets Liabilities			851 433	831 626	1 039 894	1 138 379	1 331 301	1 350 985
Other Debtors				270 248	244 906	338 576	507 581	265 974
Property Plant Equipment			560 060	627 506	552 938	477 328	550 490	439 673
Tangible Fixed Assets	334 019	456 190

Capital & Reserves
Called Up Share Capital	200	200
Profit Loss Account Reserve	610 782	709 402
Shareholder Funds	610 982	709 602

Other Financial Data
Creditors Due After One Year	87 241	137 095
Creditors Due Within One Year	325 001	250 999
Deferred Tax Liability	66 803	77 456
Net Assets Liability Excluding Pension Asset Liability	610 982	709 602
Net Current Assets Liabilities	431 007	467 963	494 448	437 155	626 474	827 878	1 053 683	1 113 281
Number Shares Allotted		200
Accumulated Depreciation Impairment Property Plant Equipment			585 376	635 097	773 331	843 819	929 706	858 887
Additions Other Than Through Business Combinations Property Plant Equipment					63 666	60 223	237 979	58 968
Average Number Employees During Period			35	31	44	37	34	25
Bank Borrowings Overdrafts						42 340	33 137	23 137
Corporation Tax Payable			22	14 293	36 068	39 769	28 714	21 311
Creditors			112 806	130 239	48 804	77 806	136 304	93 042
Increase From Depreciation Charge For Year Property Plant Equipment				154 785	138 234	122 290	144 074	125 679
Other Creditors			112 806	130 239	48 804	35 466	103 167	69 905
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				105 064		51 802	58 187	196 498
Other Disposals Property Plant Equipment				150 464		65 345	78 930	240 604
Other Taxation Social Security Payable			137 233	188 869	122 461	138 666	79 757	24 727
Property Plant Equipment Gross Cost			1 145 437	1 262 603	1 326 269	1 321 147	1 480 196	1 298 560
Provisions For Liabilities Balance Sheet Subtotal			90 269	102 796	90 714	89 021	136 568	108 927
Total Additions Including From Business Combinations Property Plant Equipment				267 630
Total Assets Less Current Liabilities	765 026	924 153	1 054 508	1 064 661	1 179 412	1 305 206	1 604 173	1 552 954
Trade Creditors Trade Payables			165 492	129 574	246 092	199 209	117 300	115 547
Trade Debtors Trade Receivables			196 897	187 987	283 979	318 458	137 421	154 460
Par Value Share		1
Share Capital Allotted Called Up Paid	200	200
Tangible Fixed Assets Additions		272 484
Tangible Fixed Assets Cost Or Valuation	541 603	783 063
Tangible Fixed Assets Depreciation	207 584	326 873
Tangible Fixed Assets Depreciation Charged In Period		124 466
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		5 177
Tangible Fixed Assets Disposals		31 024