set drilling company limited
set drilling company limited Company Information
Company Number
SC167498
Next Accounts
Sep 2025
Shareholders
kroll trustee services limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
+1Registered Address
kca deutag, group headquarters, bankhead drive, city south offic, aberdeen, AB12 4XX
Website
kcadeutag.comset drilling company limited Estimated Valuation
Pomanda estimates the enterprise value of SET DRILLING COMPANY LIMITED at £0 based on a Turnover of £0 and 0.64x industry multiple (adjusted for size and gross margin).
set drilling company limited Estimated Valuation
Pomanda estimates the enterprise value of SET DRILLING COMPANY LIMITED at £0 based on an EBITDA of £-37.9k and a 2.83x industry multiple (adjusted for size and gross margin).
set drilling company limited Estimated Valuation
Pomanda estimates the enterprise value of SET DRILLING COMPANY LIMITED at £0 based on Net Assets of £-1.6m and 1.7x industry multiple (adjusted for liquidity).
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Set Drilling Company Limited Overview
Set Drilling Company Limited is a live company located in aberdeen, AB12 4XX with a Companies House number of SC167498. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in August 1996, it's largest shareholder is kroll trustee services limited with a 100% stake. Set Drilling Company Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Set Drilling Company Limited Health Check
There is insufficient data available to calculate a health check for Set Drilling Company Limited. Company Health Check FAQs
0 Strong
0 Regular
5 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Set Drilling Company Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (9.6%)
- - Set Drilling Company Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Set Drilling Company Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Set Drilling Company Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (39)
- Set Drilling Company Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Set Drilling Company Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Set Drilling Company Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Set Drilling Company Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (29 days)
- - Set Drilling Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Set Drilling Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
- - Set Drilling Company Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2242.3%, this is a higher level of debt than the average (65.4%)
- - Set Drilling Company Limited
- - Industry AVG
SET DRILLING COMPANY LIMITED financials
Set Drilling Company Limited's latest turnover from December 2023 is 0 and the company has net assets of -£1.6 million. According to their latest financial statements, we estimate that Set Drilling Company Limited has 1 employee and maintains cash reserves of £3.2 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 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,286,647 | 12,250,476 | 393,335 | 1,361,051 | 10,081,484 | 6,974,236 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 134,260 | 136,629 | 288,671 | 2,549,643 | 11,363,037 | 1,800,048 | 1,627,814 | 9,454,447 | 6,933,106 | ||||||
| Gross Profit | -134,260 | -136,629 | -288,671 | -262,995 | 887,440 | -1,406,713 | -266,763 | 627,037 | 41,130 | ||||||
| Admin Expenses | 18,955 | 117,248 | 154,444 | 168,548 | 50,469 | 31,242 | |||||||||
| Operating Profit | -134,260 | -155,584 | -405,919 | -417,439 | 718,892 | -1,457,182 | -298,005 | 627,037 | 41,130 | ||||||
| Interest Payable | 55,284 | 94,772 | 20,215 | 31,771 | 142,166 | 5,432 | |||||||||
| Interest Receivable | 2,369 | 1,617 | 732 | ||||||||||||
| Pre-Tax Profit | -189,544 | -247,986 | -424,517 | -449,210 | 577,459 | -1,458,784 | -296,403 | 622,381 | 79,156 | ||||||
| Tax | |||||||||||||||
| Profit After Tax | -189,544 | -247,986 | -424,517 | -449,210 | 577,459 | -1,458,784 | -296,403 | 622,381 | 79,156 | ||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -189,544 | -247,986 | -424,517 | -449,210 | 577,459 | -1,458,784 | -296,403 | 622,381 | 79,156 | ||||||
| Employee Costs | 6,469 | 497,750 | 1,268,504 | 327,646 | 2,403 | 1,141,549 | 3,700,140 | ||||||||
| Number Of Employees | 33 | 54 | 27 | 2 | 49 | 75 | |||||||||
| EBITDA* | -37,909 | -25,272 | -136,654 | -417,439 | 718,892 | -1,457,182 | -298,005 | 627,037 | 41,130 |
* 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 | 24,258 | 293,001 | |||||||||||||
| Intangible Assets | 45,806 | 67,920 | |||||||||||||
| Investments & Other | 240,363 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 45,806 | 67,920 | 24,258 | 293,002 | 240,363 | ||||||||||
| Stock & work in progress | 561,171 | 1,895,684 | 1,622,453 | 61,684 | 1,318,485 | 1,428,682 | |||||||||
| Trade Debtors | 1,337,923 | 1,899,458 | 1,006,168 | 416,731 | 3,139,842 | ||||||||||
| Group Debtors | 7,107 | 3,159 | 25,875 | 882 | 655,869 | 112,953 | 539,934 | 213,409 | 23,281 | ||||||
| Misc Debtors | 20,533 | 9,477 | 53,367 | 15,003 | 498,314 | 817,111 | 12,016 | 2,328 | 40,353 | ||||||
| Cash | 3,159 | 47,386 | 12,129 | 13,238 | 2,931 | 776 | |||||||||
| misc current assets | |||||||||||||||
| total current assets | 30,801 | 60,022 | 652,543 | 3,262,731 | 4,679,027 | 1,997,917 | 551,951 | 1,950,955 | 4,632,935 | ||||||
| total assets | 76,607 | 127,942 | 676,801 | 3,555,732 | 4,919,390 | 1,997,917 | 551,951 | 1,950,955 | 4,632,935 | ||||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 9,477 | 19,744 | 39,622 | 503,927 | 745,273 | 441,400 | 28,839 | 65,187 | 52,770 | ||||||
| Group/Directors Accounts | 1,631,654 | 1,467,383 | 1,752,244 | 3,431,295 | 3,013,337 | 629,656 | 36,850 | 868,384 | 4,314,760 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 32,380 | 63,970 | 33,152 | 296,531 | 247,691 | ||||||||||
| other current liabilities | 23,692 | 7,897 | 63,071 | 178,271 | 1,253,114 | 1,929,824 | 30,441 | 288,685 | 159,087 | ||||||
| total current liabilities | 1,697,204 | 1,558,995 | 1,888,089 | 4,410,026 | 5,259,417 | 3,000,881 | 96,131 | 1,222,257 | 4,526,618 | ||||||
| loans | 20,533 | 20,533 | 21,023 | 22,945 | 19,053 | 20,828 | 20,828 | 20,176 | 20,176 | ||||||
| hp & lease commitments | 4,412 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 20,534 | 20,534 | 21,024 | 27,359 | 19,053 | 20,828 | 20,828 | 20,177 | 20,177 | ||||||
| total liabilities | 1,717,738 | 1,579,529 | 1,909,113 | 4,437,384 | 5,278,470 | 3,021,710 | 116,959 | 1,242,434 | 4,546,795 | ||||||
| net assets | -1,641,131 | -1,451,587 | -1,232,312 | -881,652 | -359,080 | -1,023,792 | 434,992 | 708,521 | 86,140 | ||||||
| total shareholders funds | -1,641,131 | -1,451,587 | -1,232,312 | -881,652 | -359,080 | -1,023,792 | 434,992 | 708,521 | 86,140 |
| 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 | -134,260 | -155,584 | -405,919 | -417,439 | 718,892 | -1,457,182 | -298,005 | 627,037 | 41,130 | ||||||
| Depreciation | 96,351 | 130,311 | 269,265 | ||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -561,171 | -1,334,514 | 273,231 | 1,560,770 | 61,684 | -1,318,485 | -110,197 | 1,428,682 | |||||||
| Debtors | 15,005 | -66,607 | -1,274,565 | -1,699,834 | 1,117,409 | 1,384,283 | -80,519 | -2,571,007 | 3,203,476 | ||||||
| Creditors | -10,267 | -19,877 | -464,306 | -241,346 | 303,873 | 412,561 | -36,348 | 12,417 | 52,770 | ||||||
| Accruals and Deferred Income | 15,795 | -55,174 | -115,200 | -1,074,843 | -676,710 | 1,899,383 | -258,244 | 129,598 | 159,087 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -47,386 | 527,454 | 1,892,919 | -307,025 | -2,332,124 | -591,205 | 806,407 | 3,450,256 | -4,379,171 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -240,363 | 240,363 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 164,271 | -284,861 | -1,679,051 | 417,957 | 2,383,681 | 592,806 | -831,534 | -3,446,376 | 4,314,760 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -490 | -1,922 | 3,892 | -1,775 | 652 | 20,176 | |||||||||
| Hire Purchase and Lease Commitments | -31,590 | 30,818 | -267,791 | 53,252 | 247,691 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -55,284 | -92,403 | -18,598 | -31,771 | -141,434 | -5,432 | |||||||||
| cash flow from financing | 77,397 | -318,226 | -1,893,505 | 369,967 | 2,575,417 | 592,806 | -808,008 | -3,446,376 | 4,336,488 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -44,227 | 35,257 | -1,109 | 10,307 | 2,931 | -776 | 776 | ||||||||
| overdraft | |||||||||||||||
| change in cash | -44,227 | 35,257 | -1,109 | 10,307 | 2,931 | -776 | 776 |
set drilling company limited Credit Report and Business Information
Set Drilling Company Limited Competitor Analysis
Perform a competitor analysis for set drilling company limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mature companies, companies in AB12 area or any other competitors across 12 key performance metrics.
set drilling company limited Ownership
SET DRILLING COMPANY LIMITED group structure
Set Drilling Company Limited has no subsidiary companies.
Ultimate parent company
2 parents
SET DRILLING COMPANY LIMITED
SC167498
set drilling company limited directors
Set Drilling Company Limited currently has 5 directors. The longest serving directors include Mr Joseph Elkhoury (Jul 2019) and Mr Joseph Elkhoury (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joseph Elkhoury | 55 years | Jul 2019 | - | Director | |
| Mr Joseph Elkhoury | 55 years | Jul 2019 | - | Director | |
| Mr Sean Branston | Scotland | 51 years | Mar 2020 | - | Director |
| Mr John Bell | Scotland | 54 years | Feb 2025 | - | Director |
| Mrs Jay Porter | England | 40 years | Feb 2025 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-134.3k
-14%
gross margin
null%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.6m
+0.13%
total assets
76.6k
-0.4%
cash
3.2k
-0.93%
net assets
Total assets minus all liabilities
set drilling company limited company details
company number
SC167498
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
06100 - Extraction of crude petroleum
incorporation date
August 1996
age
29
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
altra holdings limited (June 2014)
chickahominy limited (September 1996)
accountant
-
auditor
-
address
kca deutag, group headquarters, bankhead drive, city south offic, aberdeen, AB12 4XX
Bank
-
Legal Advisor
-
set drilling company 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 7 charges/mortgages relating to set drilling company limited. Currently there are 0 open charges and 7 have been satisfied in the past.
set drilling company 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.
Click to start generating capital raising & share issue transactions for SET DRILLING COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
set drilling company limited Companies House Filings - See Documents
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