scientific drilling controls limited

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scientific drilling controls limited Company Information

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Company Number

01948245

Registered 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

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Directors

Michael Leahy8 Years

Daniel Carter8 Years

View All

Shareholders

scientific drilling international inc 100%

scientific drilling controls limited Estimated Valuation

£65.9m

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

£68.4m

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

£28.8m

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

Health Check Image
Health Rating5out of 5
positive_score

9 Strong

positive_score

1 Regular

positive_score

2 Weak

size

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

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

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

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

Employees

with 207 employees, this is above the industry average (42)

207 - Scientific Drilling Controls Limited

42 - Industry AVG

paystructure

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

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

debtordays

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

creditordays

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

stockdays

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

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover47,534,69331,312,49231,099,07731,795,96234,631,99241,394,30139,970,83643,540,69750,677,43560,056,62039,130,70024,943,04227,417,84922,398,48528,122,151
Other Income Or Grants000000000000000
Cost Of Sales33,449,13022,125,57521,298,65022,430,23424,441,84236,646,27136,922,24239,155,39846,666,94649,442,95432,016,14922,304,64221,523,21816,923,49220,012,984
Gross Profit14,085,5639,186,9179,800,4289,365,72910,190,1504,748,0313,048,5944,385,2994,010,48910,613,6667,114,5512,638,4005,894,6315,474,9928,109,167
Admin Expenses2,585,6692,682,4433,429,923-2,713,5063,501,3569,081,3404,861,8743,149,0647,234,8465,966,6454,803,7442,580,6501,464,7571,927,5841,777,542
Operating Profit11,499,8946,504,4746,370,50512,079,2356,688,794-4,333,309-1,813,2801,236,235-3,224,3574,647,0212,310,80757,7504,429,8743,547,4086,331,625
Interest Payable31,26221,32831,78139,050151,3081,7453,06334,5182,53974778826,3302,06500
Interest Receivable145,89815,01522,686106,81368,95934,45844,848144,6052,6756,8741,7726,70931,93844,008107,455
Pre-Tax Profit11,614,5306,498,1616,361,41011,832,7406,082,810-4,300,596-1,771,4931,346,323-3,224,2204,653,1492,311,79338,1294,459,7483,591,4176,439,081
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 Tax8,766,4644,252,4704,807,82110,173,7265,079,436-5,499,956-2,882,837483,098-4,155,2541,951,645945,721-708,3463,633,9922,533,7024,376,006
Dividends Paid9,083,3409,840,2850000000008,002,9558,352,07200
Retained Profit-389,908-5,558,3224,755,40410,119,8315,061,842-5,460,537-2,842,500584,760-4,222,6901,905,304945,721-8,711,301-4,718,0802,533,7024,376,006
Employee Costs9,867,8748,328,4518,496,8269,491,38011,471,63413,653,25415,196,23815,762,45219,016,05120,743,60612,778,2688,193,6548,663,1126,320,6888,499,553
Number Of Employees207180199202252346346370390382241202183170169
EBITDA*11,702,6996,673,3496,542,70512,231,8146,877,729-3,881,440-1,117,9901,846,286-2,967,2134,782,3922,395,786149,9924,540,0473,653,3326,475,809

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,260,133912,4311,021,764674,780732,753887,7922,065,5822,462,5992,670,2111,630,876898,983857,881976,8011,062,3461,057,158
Intangible Assets000000000000000
Investments & Other76,027149,059127,726196,613262,407287,222264,081214,780114,15446,34100000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,336,1601,061,4901,149,491871,394995,1601,175,0152,329,6642,677,3802,784,3661,677,217898,984857,881976,8021,062,3461,057,158
Stock & work in progress801,664839,310854,7851,160,716935,3211,203,508832,350306,409259,181000000
Trade Debtors8,659,9024,140,8044,908,9145,189,7465,200,9677,335,79311,848,36111,718,49615,832,99214,745,7797,427,1124,971,8128,161,3055,117,7866,564,341
Group Debtors0000000000552,13200288,07321,290
Misc Debtors7,733,8475,396,8137,069,5218,296,2657,383,2366,889,1719,577,7866,992,2109,630,5315,411,2073,092,9001,672,6821,388,6511,212,937866,361
Cash8,691,90913,536,48818,389,67316,010,43113,075,77214,704,6826,627,15011,436,5636,427,7158,492,3147,937,48710,183,54715,564,05514,171,07612,547,510
misc current assets000000000000000
total current assets25,887,32323,913,41531,222,89230,657,15726,595,29630,133,15628,885,64730,453,67732,150,42128,649,30119,009,63216,828,04125,114,01120,789,87319,999,504
total assets27,223,48324,974,90532,372,38331,528,55127,590,45731,308,17031,215,31033,131,05734,934,78730,326,51819,908,61617,685,92226,090,81321,852,21921,056,662
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 721,028568,937608,401655,003906,493989,484500,5971,633,6154,368,0682,130,438912,028318,968466,479504,368557,906
Group/Directors Accounts2,846,9631,769,6772,413,0163,520,61612,169,82118,917,56714,607,77214,589,88812,791,1204,646,07001,975,790688,29000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities5,458,3914,165,3863,682,0104,211,6684,114,8244,321,5894,394,8962,788,0722,120,8313,932,5382,959,8191,531,9942,107,9852,141,4403,459,563
total current liabilities9,026,3836,504,0006,703,4288,387,28817,191,13824,228,64119,503,26519,011,57619,280,01910,709,0463,871,8483,826,7533,262,7542,645,8094,017,469
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities9,026,3836,504,0006,703,4288,387,28817,191,13824,228,64119,503,26519,011,57619,280,01910,709,0463,871,8483,826,7533,262,7542,645,8094,017,469
net assets18,197,10018,470,90525,668,95523,141,26310,399,3187,079,52911,712,04514,119,48215,654,76819,617,47216,036,76813,859,17022,828,05819,206,41017,039,193
total shareholders funds18,197,10018,470,90525,668,95523,141,26310,399,3187,079,52911,712,04514,119,48215,654,76819,617,47216,036,76813,859,17022,828,05819,206,41017,039,193
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit11,499,8946,504,4746,370,50512,079,2356,688,794-4,333,309-1,813,2801,236,235-3,224,3574,647,0212,310,80757,7504,429,8743,547,4086,331,625
Depreciation202,805168,875172,200152,580188,935451,869695,290610,051257,144135,37184,97992,242110,173105,923144,184
Amortisation000000000000000
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-37,646-15,475-305,931225,395-268,187371,159525,94147,228259,181000000
Debtors6,856,132-2,440,818-1,507,575901,807-1,640,762-7,201,1822,715,442-6,752,8185,306,5369,084,8434,427,650-2,905,4622,931,159-833,1967,451,993
Creditors152,091-39,463-46,602-251,490-82,992488,888-1,133,018-2,734,4532,237,6301,218,410593,060-147,510-37,890-53,537557,906
Accruals and Deferred Income1,293,005483,376-529,65896,844-206,765-73,3071,606,824667,241-1,811,707972,7191,427,825-575,991-33,455-1,318,1233,459,563
Deferred Taxes & Provisions000000000000000
Cash flow from operations3,481,2427,327,8646,226,3629,290,9537,493,5482,164,804-4,996,9105,621,440-9,038,041-4,812,826-1,377,0511,585,477711,7882,057,151978,210
Investing Activities
capital expenditure00000543,731-358,820-426,668-1,283,190-711,192-63,951-14,151-24,628-111,111-1,201,342
Change in Investments-73,03221,333-68,887-65,794-24,81423,14149,301100,62667,81446,34100000
cash flow from investments73,032-21,33368,88765,79424,814520,590-408,121-527,294-1,351,004-757,533-63,951-14,151-24,628-111,111-1,201,342
Financing Activities
Bank loans000000000000000
Group/Directors Accounts1,077,286-643,339-1,107,600-8,649,205-6,747,7464,309,79517,8841,798,7688,145,0504,646,070-1,975,7901,287,499688,29000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue116,104-1,639,729-2,227,7122,622,113-1,742,053828,021435,063-2,120,046259,9861,675,4001,231,877-257,5888,339,728-366,48512,663,187
interest114,636-6,313-9,09567,763-82,34932,71341,785110,0871366,127984-19,62129,87344,008107,455
cash flow from financing1,308,026-2,289,381-3,344,407-5,959,329-8,572,1485,170,529494,732-211,1918,405,1726,327,597-742,9291,010,2909,057,891-322,47712,770,642
cash and cash equivalents
cash-4,844,579-4,853,1852,379,2422,934,659-1,628,9118,077,533-4,809,4135,008,847-2,064,599554,827-2,246,059-5,380,5081,392,9791,623,56612,547,510
overdraft000000000000000
change in cash-4,844,579-4,853,1852,379,2422,934,659-1,628,9118,077,533-4,809,4135,008,847-2,064,599554,827-2,246,059-5,380,5081,392,9791,623,56612,547,510

scientific drilling controls limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Scientific Drilling Controls Limited Competitor Analysis

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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 Shareholders

scientific drilling international inc 100%

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).

officercountryagestartendrole
Mr Michael LeahyScotland59 years Jan 2016- Director
Mr Daniel CarterUnited States68 years Jan 2016- Director
Mr Michael ShewanScotland54 years Jan 2016- Director

P&L

December 2023

turnover

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 2023

net 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

SCIENTIFIC DRILLING INTERNATIONAL INC

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.

charges

scientific drilling controls limited Companies House Filings - See Documents

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