scientific drilling controls limited Company Information
Company Number
01948245
Website
www.scientificdrilling.comRegistered Address
connect house, 133 - 137 alexandra road, london, SW19 7JY
Industry
Support activities for petroleum and natural gas extraction
Telephone
01224724535
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
scientific drilling international inc 100%
scientific drilling controls limited Estimated Valuation
Pomanda estimates the enterprise value of SCIENTIFIC DRILLING CONTROLS LIMITED at £65.9m based on a Turnover of £47.5m and 1.39x industry multiple (adjusted for size and gross margin).
scientific drilling controls limited Estimated Valuation
Pomanda estimates the enterprise value of SCIENTIFIC DRILLING CONTROLS LIMITED at £68.4m based on an EBITDA of £11.7m and a 5.85x industry multiple (adjusted for size and gross margin).
scientific drilling controls limited Estimated Valuation
Pomanda estimates the enterprise value of SCIENTIFIC DRILLING CONTROLS LIMITED at £28.8m based on Net Assets of £18.2m and 1.58x industry multiple (adjusted for liquidity).
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Scientific Drilling Controls Limited Overview
Scientific Drilling Controls Limited is a live company located in london, SW19 7JY with a Companies House number of 01948245. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in September 1985, it's largest shareholder is scientific drilling international inc with a 100% stake. Scientific Drilling Controls Limited is a mature, large sized company, Pomanda has estimated its turnover at £47.5m with healthy growth in recent years.
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Scientific Drilling Controls Limited Health Check
Pomanda's financial health check has awarded Scientific Drilling Controls Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £47.5m, make it larger than the average company (£18.2m)
£47.5m - Scientific Drilling Controls Limited
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3%)
14% - Scientific Drilling Controls Limited
3% - Industry AVG
Production
with a gross margin of 29.6%, this company has a lower cost of product (24.7%)
29.6% - Scientific Drilling Controls Limited
24.7% - Industry AVG
Profitability
an operating margin of 24.2% make it more profitable than the average company (7%)
24.2% - Scientific Drilling Controls Limited
7% - Industry AVG
Employees
with 207 employees, this is above the industry average (42)
207 - Scientific Drilling Controls Limited
42 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has a lower pay structure (£71.9k)
£47.7k - Scientific Drilling Controls Limited
£71.9k - Industry AVG
Efficiency
resulting in sales per employee of £229.6k, this is equally as efficient (£214.8k)
£229.6k - Scientific Drilling Controls Limited
£214.8k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (55 days)
66 days - Scientific Drilling Controls Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (27 days)
7 days - Scientific Drilling Controls Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (28 days)
8 days - Scientific Drilling Controls Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (7 weeks)
50 weeks - Scientific Drilling Controls Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.2%, this is a lower level of debt than the average (55.5%)
33.2% - Scientific Drilling Controls Limited
55.5% - Industry AVG
SCIENTIFIC DRILLING CONTROLS LIMITED financials
Scientific Drilling Controls Limited's latest turnover from December 2023 is £47.5 million and the company has net assets of £18.2 million. According to their latest financial statements, Scientific Drilling Controls Limited has 207 employees and maintains cash reserves of £8.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 47,534,693 | 31,312,492 | 31,099,077 | 31,795,962 | 34,631,992 | 41,394,301 | 39,970,836 | 43,540,697 | 50,677,435 | 60,056,620 | 39,130,700 | 24,943,042 | 27,417,849 | 22,398,485 | 28,122,151 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 33,449,130 | 22,125,575 | 21,298,650 | 22,430,234 | 24,441,842 | 36,646,271 | 36,922,242 | 39,155,398 | 46,666,946 | 49,442,954 | 32,016,149 | 22,304,642 | 21,523,218 | 16,923,492 | 20,012,984 |
Gross Profit | 14,085,563 | 9,186,917 | 9,800,428 | 9,365,729 | 10,190,150 | 4,748,031 | 3,048,594 | 4,385,299 | 4,010,489 | 10,613,666 | 7,114,551 | 2,638,400 | 5,894,631 | 5,474,992 | 8,109,167 |
Admin Expenses | 2,585,669 | 2,682,443 | 3,429,923 | -2,713,506 | 3,501,356 | 9,081,340 | 4,861,874 | 3,149,064 | 7,234,846 | 5,966,645 | 4,803,744 | 2,580,650 | 1,464,757 | 1,927,584 | 1,777,542 |
Operating Profit | 11,499,894 | 6,504,474 | 6,370,505 | 12,079,235 | 6,688,794 | -4,333,309 | -1,813,280 | 1,236,235 | -3,224,357 | 4,647,021 | 2,310,807 | 57,750 | 4,429,874 | 3,547,408 | 6,331,625 |
Interest Payable | 31,262 | 21,328 | 31,781 | 39,050 | 151,308 | 1,745 | 3,063 | 34,518 | 2,539 | 747 | 788 | 26,330 | 2,065 | 0 | 0 |
Interest Receivable | 145,898 | 15,015 | 22,686 | 106,813 | 68,959 | 34,458 | 44,848 | 144,605 | 2,675 | 6,874 | 1,772 | 6,709 | 31,938 | 44,008 | 107,455 |
Pre-Tax Profit | 11,614,530 | 6,498,161 | 6,361,410 | 11,832,740 | 6,082,810 | -4,300,596 | -1,771,493 | 1,346,323 | -3,224,220 | 4,653,149 | 2,311,793 | 38,129 | 4,459,748 | 3,591,417 | 6,439,081 |
Tax | -2,848,067 | -2,245,691 | -1,553,589 | -1,659,014 | -1,003,373 | -1,199,360 | -1,111,343 | -863,224 | -931,034 | -2,701,504 | -1,366,072 | -746,476 | -825,755 | -1,057,716 | -2,063,075 |
Profit After Tax | 8,766,464 | 4,252,470 | 4,807,821 | 10,173,726 | 5,079,436 | -5,499,956 | -2,882,837 | 483,098 | -4,155,254 | 1,951,645 | 945,721 | -708,346 | 3,633,992 | 2,533,702 | 4,376,006 |
Dividends Paid | 9,083,340 | 9,840,285 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,002,955 | 8,352,072 | 0 | 0 |
Retained Profit | -389,908 | -5,558,322 | 4,755,404 | 10,119,831 | 5,061,842 | -5,460,537 | -2,842,500 | 584,760 | -4,222,690 | 1,905,304 | 945,721 | -8,711,301 | -4,718,080 | 2,533,702 | 4,376,006 |
Employee Costs | 9,867,874 | 8,328,451 | 8,496,826 | 9,491,380 | 11,471,634 | 13,653,254 | 15,196,238 | 15,762,452 | 19,016,051 | 20,743,606 | 12,778,268 | 8,193,654 | 8,663,112 | 6,320,688 | 8,499,553 |
Number Of Employees | 207 | 180 | 199 | 202 | 252 | 346 | 346 | 370 | 390 | 382 | 241 | 202 | 183 | 170 | 169 |
EBITDA* | 11,702,699 | 6,673,349 | 6,542,705 | 12,231,814 | 6,877,729 | -3,881,440 | -1,117,990 | 1,846,286 | -2,967,213 | 4,782,392 | 2,395,786 | 149,992 | 4,540,047 | 3,653,332 | 6,475,809 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,260,133 | 912,431 | 1,021,764 | 674,780 | 732,753 | 887,792 | 2,065,582 | 2,462,599 | 2,670,211 | 1,630,876 | 898,983 | 857,881 | 976,801 | 1,062,346 | 1,057,158 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 76,027 | 149,059 | 127,726 | 196,613 | 262,407 | 287,222 | 264,081 | 214,780 | 114,154 | 46,341 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,336,160 | 1,061,490 | 1,149,491 | 871,394 | 995,160 | 1,175,015 | 2,329,664 | 2,677,380 | 2,784,366 | 1,677,217 | 898,984 | 857,881 | 976,802 | 1,062,346 | 1,057,158 |
Stock & work in progress | 801,664 | 839,310 | 854,785 | 1,160,716 | 935,321 | 1,203,508 | 832,350 | 306,409 | 259,181 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 8,659,902 | 4,140,804 | 4,908,914 | 5,189,746 | 5,200,967 | 7,335,793 | 11,848,361 | 11,718,496 | 15,832,992 | 14,745,779 | 7,427,112 | 4,971,812 | 8,161,305 | 5,117,786 | 6,564,341 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 552,132 | 0 | 0 | 288,073 | 21,290 |
Misc Debtors | 7,733,847 | 5,396,813 | 7,069,521 | 8,296,265 | 7,383,236 | 6,889,171 | 9,577,786 | 6,992,210 | 9,630,531 | 5,411,207 | 3,092,900 | 1,672,682 | 1,388,651 | 1,212,937 | 866,361 |
Cash | 8,691,909 | 13,536,488 | 18,389,673 | 16,010,431 | 13,075,772 | 14,704,682 | 6,627,150 | 11,436,563 | 6,427,715 | 8,492,314 | 7,937,487 | 10,183,547 | 15,564,055 | 14,171,076 | 12,547,510 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 25,887,323 | 23,913,415 | 31,222,892 | 30,657,157 | 26,595,296 | 30,133,156 | 28,885,647 | 30,453,677 | 32,150,421 | 28,649,301 | 19,009,632 | 16,828,041 | 25,114,011 | 20,789,873 | 19,999,504 |
total assets | 27,223,483 | 24,974,905 | 32,372,383 | 31,528,551 | 27,590,457 | 31,308,170 | 31,215,310 | 33,131,057 | 34,934,787 | 30,326,518 | 19,908,616 | 17,685,922 | 26,090,813 | 21,852,219 | 21,056,662 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 721,028 | 568,937 | 608,401 | 655,003 | 906,493 | 989,484 | 500,597 | 1,633,615 | 4,368,068 | 2,130,438 | 912,028 | 318,968 | 466,479 | 504,368 | 557,906 |
Group/Directors Accounts | 2,846,963 | 1,769,677 | 2,413,016 | 3,520,616 | 12,169,821 | 18,917,567 | 14,607,772 | 14,589,888 | 12,791,120 | 4,646,070 | 0 | 1,975,790 | 688,290 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 5,458,391 | 4,165,386 | 3,682,010 | 4,211,668 | 4,114,824 | 4,321,589 | 4,394,896 | 2,788,072 | 2,120,831 | 3,932,538 | 2,959,819 | 1,531,994 | 2,107,985 | 2,141,440 | 3,459,563 |
total current liabilities | 9,026,383 | 6,504,000 | 6,703,428 | 8,387,288 | 17,191,138 | 24,228,641 | 19,503,265 | 19,011,576 | 19,280,019 | 10,709,046 | 3,871,848 | 3,826,753 | 3,262,754 | 2,645,809 | 4,017,469 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 9,026,383 | 6,504,000 | 6,703,428 | 8,387,288 | 17,191,138 | 24,228,641 | 19,503,265 | 19,011,576 | 19,280,019 | 10,709,046 | 3,871,848 | 3,826,753 | 3,262,754 | 2,645,809 | 4,017,469 |
net assets | 18,197,100 | 18,470,905 | 25,668,955 | 23,141,263 | 10,399,318 | 7,079,529 | 11,712,045 | 14,119,482 | 15,654,768 | 19,617,472 | 16,036,768 | 13,859,170 | 22,828,058 | 19,206,410 | 17,039,193 |
total shareholders funds | 18,197,100 | 18,470,905 | 25,668,955 | 23,141,263 | 10,399,318 | 7,079,529 | 11,712,045 | 14,119,482 | 15,654,768 | 19,617,472 | 16,036,768 | 13,859,170 | 22,828,058 | 19,206,410 | 17,039,193 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 11,499,894 | 6,504,474 | 6,370,505 | 12,079,235 | 6,688,794 | -4,333,309 | -1,813,280 | 1,236,235 | -3,224,357 | 4,647,021 | 2,310,807 | 57,750 | 4,429,874 | 3,547,408 | 6,331,625 |
Depreciation | 202,805 | 168,875 | 172,200 | 152,580 | 188,935 | 451,869 | 695,290 | 610,051 | 257,144 | 135,371 | 84,979 | 92,242 | 110,173 | 105,923 | 144,184 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -2,848,067 | -2,245,691 | -1,553,589 | -1,659,014 | -1,003,373 | -1,199,360 | -1,111,343 | -863,224 | -931,034 | -2,701,504 | -1,366,072 | -746,476 | -825,755 | -1,057,716 | -2,063,075 |
Stock | -37,646 | -15,475 | -305,931 | 225,395 | -268,187 | 371,159 | 525,941 | 47,228 | 259,181 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 6,856,132 | -2,440,818 | -1,507,575 | 901,807 | -1,640,762 | -7,201,182 | 2,715,442 | -6,752,818 | 5,306,536 | 9,084,843 | 4,427,650 | -2,905,462 | 2,931,159 | -833,196 | 7,451,993 |
Creditors | 152,091 | -39,463 | -46,602 | -251,490 | -82,992 | 488,888 | -1,133,018 | -2,734,453 | 2,237,630 | 1,218,410 | 593,060 | -147,510 | -37,890 | -53,537 | 557,906 |
Accruals and Deferred Income | 1,293,005 | 483,376 | -529,658 | 96,844 | -206,765 | -73,307 | 1,606,824 | 667,241 | -1,811,707 | 972,719 | 1,427,825 | -575,991 | -33,455 | -1,318,123 | 3,459,563 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 3,481,242 | 7,327,864 | 6,226,362 | 9,290,953 | 7,493,548 | 2,164,804 | -4,996,910 | 5,621,440 | -9,038,041 | -4,812,826 | -1,377,051 | 1,585,477 | 711,788 | 2,057,151 | 978,210 |
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | 543,731 | -358,820 | -426,668 | -1,283,190 | -711,192 | -63,951 | -14,151 | |||
Change in Investments | -73,032 | 21,333 | -68,887 | -65,794 | -24,814 | 23,141 | 49,301 | 100,626 | 67,814 | 46,341 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 73,032 | -21,333 | 68,887 | 65,794 | 24,814 | 520,590 | -408,121 | -527,294 | -1,351,004 | -757,533 | -63,951 | -14,151 | |||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 1,077,286 | -643,339 | -1,107,600 | -8,649,205 | -6,747,746 | 4,309,795 | 17,884 | 1,798,768 | 8,145,050 | 4,646,070 | -1,975,790 | 1,287,499 | 688,290 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 114,636 | -6,313 | -9,095 | 67,763 | -82,349 | 32,713 | 41,785 | 110,087 | 136 | 6,127 | 984 | -19,621 | 29,873 | 44,008 | 107,455 |
cash flow from financing | 1,308,026 | -2,289,381 | -3,344,407 | -5,959,329 | -8,572,148 | 5,170,529 | 494,732 | -211,191 | 8,405,172 | 6,327,597 | -742,929 | 1,010,290 | 9,057,891 | -322,477 | 12,770,642 |
cash and cash equivalents | |||||||||||||||
cash | -4,844,579 | -4,853,185 | 2,379,242 | 2,934,659 | -1,628,911 | 8,077,533 | -4,809,413 | 5,008,847 | -2,064,599 | 554,827 | -2,246,059 | -5,380,508 | 1,392,979 | 1,623,566 | 12,547,510 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -4,844,579 | -4,853,185 | 2,379,242 | 2,934,659 | -1,628,911 | 8,077,533 | -4,809,413 | 5,008,847 | -2,064,599 | 554,827 | -2,246,059 | -5,380,508 | 1,392,979 | 1,623,566 | 12,547,510 |
scientific drilling controls limited Credit Report and Business Information
Scientific Drilling Controls Limited Competitor Analysis
Perform a competitor analysis for scientific drilling controls limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other large companies, companies in SW19 area or any other competitors across 12 key performance metrics.
scientific drilling controls limited Ownership
SCIENTIFIC DRILLING CONTROLS LIMITED group structure
Scientific Drilling Controls Limited has 1 subsidiary company.
Ultimate parent company
SCIENTIFIC DRILLING INTERNATIONAL INC
#0020225
1 parent
SCIENTIFIC DRILLING CONTROLS LIMITED
01948245
1 subsidiary
scientific drilling controls limited directors
Scientific Drilling Controls Limited currently has 3 directors. The longest serving directors include Mr Michael Leahy (Jan 2016) and Mr Daniel Carter (Jan 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Leahy | Scotland | 59 years | Jan 2016 | - | Director |
Mr Daniel Carter | United States | 68 years | Jan 2016 | - | Director |
Mr Michael Shewan | Scotland | 54 years | Jan 2016 | - | Director |
P&L
December 2023turnover
47.5m
+52%
operating profit
11.5m
+77%
gross margin
29.7%
+1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
18.2m
-0.01%
total assets
27.2m
+0.09%
cash
8.7m
-0.36%
net assets
Total assets minus all liabilities
scientific drilling controls limited company details
company number
01948245
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
September 1985
age
39
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
turveydrop trading limited (July 1986)
accountant
-
auditor
ANDERSON ANDERSON & BROWN AUDIT LLP
address
connect house, 133 - 137 alexandra road, london, SW19 7JY
Bank
CLYDESDALE BANK
Legal Advisor
-
scientific drilling controls limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to scientific drilling controls limited. Currently there are 0 open charges and 3 have been satisfied in the past.
scientific drilling controls limited Companies House Filings - See Documents
date | description | view/download |
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