Support activities for petroleum and natural gas extraction
Registered Address
cannon place 78 cannon street, london, EC4N 6AF
Website
-
ensco uk drilling limitedEstimated Valuation
£179.1m
Pomanda estimates the enterprise value of ENSCO UK DRILLING LIMITED at £179.1m based on a Turnover of £219m and 0.82x industry multiple (adjusted for size and gross margin).
ensco uk drilling limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ENSCO UK DRILLING LIMITED at £0 based on an EBITDA of £-8.2m and a 2.7x industry multiple (adjusted for size and gross margin).
ensco uk drilling limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ENSCO UK DRILLING LIMITED at £0 based on Net Assets of £-29.7m and 1.4x industry multiple (adjusted for liquidity).
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Ensco Uk Drilling LimitedOverview
Ensco Uk Drilling Limited is a live company located in london, EC4N 6AF with a Companies House number of 10987413. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in September 2017, it's largest shareholder is
ensco global limited
with a 100% stake. Ensco Uk Drilling Limited is a young,
mega sized company, Pomanda has estimated its turnover at
£219m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Ensco Uk Drilling Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
4 Strong
1 Regular
4 Weak
Size
annual sales of £219m, make it larger than the average company (£16.6m)
£219m - Ensco Uk Drilling Limited
£16.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 170%, show it is growing at a faster rate (3.4%)
170% - Ensco Uk Drilling Limited
3.4% - Industry AVG
Production
with a gross margin of 1.4%, this company has a higher cost of product (24.6%)
1.4% - Ensco Uk Drilling Limited
24.6% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (6.7%)
-3.8% - Ensco Uk Drilling Limited
6.7% - Industry AVG
Employees
with 995 employees, this is above the industry average (40)
995 - Ensco Uk Drilling Limited
40 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ensco Uk Drilling Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £220.1k, this is equally as efficient (£220.2k)
£220.1k - Ensco Uk Drilling Limited
£220.2k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is earlier than average (54 days)
37 days - Ensco Uk Drilling Limited
54 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ensco Uk Drilling Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ensco Uk Drilling Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Ensco Uk Drilling Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.8%, this is a higher level of debt than the average (55.2%)
118.8% - Ensco Uk Drilling Limited
55.2% - Industry AVG
ENSCO UK DRILLING LIMITED financials
EXPORT
Ensco Uk Drilling Limited's latest turnover from December 2023 is £219 million and the company has net assets of -£29.7 million. According to their latest financial statements, we estimate that Ensco Uk Drilling Limited has 995 employees and maintains cash reserves of £118.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Turnover
218,951,631
85,038,226
18,068,246
11,100,705
8,620,108
29,562,223
Other Income Or Grants
Cost Of Sales
215,813,337
86,346,984
21,970,567
9,901,368
21,437,051
31,048,923
Gross Profit
3,138,294
-1,308,758
-3,902,321
1,199,337
-12,816,943
-1,486,700
Admin Expenses
11,377,100
2,770,619
224,200
-1,642,147
-186,964
1,413,551
Operating Profit
-8,238,806
-4,079,377
-4,126,521
2,841,484
-12,629,979
-2,900,251
Interest Payable
Interest Receivable
Pre-Tax Profit
521,535
-1,589,584
-4,123,069
2,695,400
-12,591,968
-2,898,987
Tax
-8,695,784
-2,321,550
5,660
-393,701
-35,908
Profit After Tax
-8,174,249
-3,911,135
-4,117,409
2,301,699
-12,627,876
-2,898,987
Dividends Paid
Retained Profit
-8,174,249
-3,911,135
-4,117,409
2,301,699
-12,627,876
-2,898,987
Employee Costs
Number Of Employees
995
387
81
48
36
125
EBITDA*
-8,238,806
-4,079,377
-4,126,521
2,841,484
-12,629,979
-2,900,251
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
22,772,689
13,385,815
4,443,276
1,163,711
4,636,637
Group Debtors
41,664,521
6,662,629
380,852
2,982,179
3,314,597
Misc Debtors
93,499,356
38,664,749
10,940,405
3,129,854
440,151
Cash
118,840
2,340,474
7,273,389
15,748
223,509
337,239
misc current assets
total current assets
158,055,408
61,053,667
23,037,924
2,997,928
4,517,075
8,728,626
total assets
158,055,408
61,053,667
23,037,924
2,997,928
4,517,075
8,728,626
Bank overdraft
Bank loan
Trade Creditors
509,307
938,094
Group/Directors Accounts
82,214,064
40,724,396
33,927,387
17,521,757
17,048,219
6,914,186
other short term finances
hp & lease commitments
other current liabilities
83,757,474
33,032,321
7,877,415
492,333
2,270,995
3,775,332
total current liabilities
165,971,539
73,756,718
41,804,803
18,014,090
19,828,521
11,627,612
loans
hp & lease commitments
Accruals and Deferred Income
21,737,188
8,776,019
other liabilities
provisions
total long term liabilities
21,737,189
8,776,020
total liabilities
187,708,728
82,532,738
41,804,803
18,014,090
19,828,521
11,627,612
net assets
-29,653,319
-21,479,070
-18,766,880
-15,016,162
-15,311,447
-2,898,987
total shareholders funds
-29,653,319
-21,479,070
-18,766,880
-15,016,162
-15,311,447
-2,898,987
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Operating Activities
Operating Profit
-8,238,806
-4,079,377
-4,126,521
2,841,484
-12,629,979
-2,900,251
Depreciation
Amortisation
Tax
-8,695,784
-2,321,550
5,660
-393,701
-35,908
Stock
Debtors
99,223,375
42,948,659
12,782,355
-1,311,386
-4,097,821
8,391,386
Creditors
-509,307
-428,787
938,094
Accruals and Deferred Income
63,686,322
33,930,925
7,385,082
-1,778,662
-1,504,337
3,775,332
Deferred Taxes & Provisions
Cash flow from operations
-52,471,643
-15,418,661
-9,518,134
1,471,200
-10,501,190
-6,578,211
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
41,489,668
6,797,009
16,405,630
473,538
10,134,033
6,914,186
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,198,944
366,692
-2,006,415
215,416
interest
cash flow from financing
41,489,668
7,995,953
16,772,322
-1,532,877
10,349,449
6,914,186
cash and cash equivalents
cash
-2,221,633
-4,932,915
7,257,641
-207,761
-113,730
337,239
overdraft
change in cash
-2,221,633
-4,932,915
7,257,641
-207,761
-113,730
337,239
ensco uk drilling limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ensco uk drilling limited. Get real-time insights into ensco uk drilling limited's credit score, group structure and payment trends.
Perform a competitor analysis for ensco uk drilling limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mega companies, companies in EC4N area or any other competitors across 12 key performance metrics.
ensco uk drilling limited Ownership
ENSCO UK DRILLING LIMITED group structure
Ensco Uk Drilling Limited has no subsidiary companies.
09100 - Support activities for petroleum and natural gas extraction
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
CEDE & CO
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BOURNER BULLOCK
address
cannon place 78 cannon street, london, EC4N 6AF
Bank
-
Legal Advisor
-
ensco uk drilling 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 ensco uk drilling limited. Currently there are 0 open charges and 3 have been satisfied in the past.
ensco uk drilling limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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ensco uk drilling limitedCompanies House Filings - See Documents
