GROUNDSOURCE DRILLING & CONTRACTING LIMITED

Active United Kingdom

Other specialised construction activities n.e.c.

33 employees website.com
Property, infrastructure and construction Construction contractors Other specialised construction activities n.e.c.
G

GROUNDSOURCE DRILLING & CONTRACTING LIMITED

Other specialised construction activities n.e.c.

Founded 11 Jul 2011 Active United Kingdom 33 employees website.com
Property, infrastructure and construction Construction contractors Other specialised construction activities n.e.c.
Accounts Submitted 28 Aug 2025 Next due 31 May 2026 4 days overdue
Confirmation Submitted 22 Sept 2025 Next due 1 Sept 2026 2 months remaining
Net assets £607K £78K 2024 year on year
Total assets £2M £361K 2024 year on year
Total Liabilities £2M £283K 2024 year on year
Charges 2
2 outstanding

Contact & Details

Contact

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for GROUNDSOURCE DRILLING & CONTRACTING LIMITED (07699498), an active property, infrastructure and construction company based in United Kingdom. Incorporated 11 Jul 2011. Other specialised construction activities n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Sept → 31 Aug 2024
Type total-exemption-full
Next accounts 31 Aug 2025
Due by 31 May 2026 1 month overdue

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£173.28k

Increased by £130.94k (+309%)

Net Assets

£606.58k

Increased by £78.07k (+15%)

Total Liabilities

£1.66M

Increased by £282.87k (+21%)

Turnover

N/A

Employees

33

Decreased by 7 (-18%)

Debt Ratio

73%

Increased by 1 (+1%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Aug Year End
2023
31 Aug Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

2 active 1 resigned
Status
Ian WicksSecretaryUnknownUnknown1 Mar 2012Active
Robert Mark JohnsonDirectorBritishEngland638 Sept 2011Active

Shareholders

Shareholders (5)

John Paul Bladen
25.5%
Stewart Kenneth Russell
25.5%

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Stewart Kenneth Russell

British

Active
Notified 25 Jul 2016
Residence England
DOB December 1979
Nature of Control
  • Ownership Of Shares 25 To 50 Percent

John Paul Bladen

British

Active
Notified 9 Dec 2021
Residence England
DOB October 1946
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent

Group Structure

Group Structure

No group structure identified

Charges

Charges

2 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
22 Sept 2025Confirmation StatementConfirmation statement made on 18 Aug 2025 with no updates
28 Aug 2025AccountsAnnual accounts made up to 31 Aug 2024
2 Sept 2024Confirmation StatementConfirmation statement made on 18 Aug 2024 with no updates
30 Aug 2024AccountsAnnual accounts made up to 31 Aug 2023
2 Oct 2023Confirmation StatementConfirmation statement made on 18 Aug 2023 with no updates
22 Sept 2025 Confirmation Statement

Confirmation statement made on 18 Aug 2025 with no updates

28 Aug 2025 Accounts

Annual accounts made up to 31 Aug 2024

2 Sept 2024 Confirmation Statement

Confirmation statement made on 18 Aug 2024 with no updates

30 Aug 2024 Accounts

Annual accounts made up to 31 Aug 2023

2 Oct 2023 Confirmation Statement

Confirmation statement made on 18 Aug 2023 with no updates

Recent Activity

Latest Activity

Confirmation statement made on 18 Aug 2025 with no updates

8 months ago on 22 Sept 2025

Annual accounts made up to 31 Aug 2024

9 months ago on 28 Aug 2025

Confirmation statement made on 18 Aug 2024 with no updates

1 years ago on 2 Sept 2024

Annual accounts made up to 31 Aug 2023

1 years ago on 30 Aug 2024

Confirmation statement made on 18 Aug 2023 with no updates

2 years ago on 2 Oct 2023