DRUM (MINERVA WAY) LIMITED - Profile & Financials

Accounts Submitted 26 Sept 2025

Confirmation Statement Submitted 19 Nov 2025

Net assets £1.02M £164.61K 2024 year on year

Total assets £3.07M £368.97K 2024 year on year

Total Liabilities £2.05M £533.58K 2024 year on year

Charges 2

2 outstanding

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Contact & Details

Contact

Update Details

Registered Address

C/O Brodies Llp 110 Queen Street Glasgow G1 3BX United Kingdom

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2022–2024)

Cash in Bank

£5.17k

Decreased by £139.33k (-96%)

Net Assets

£1.02M

Increased by £164.61k (+19%)

Total Liabilities

£2.05M

Decreased by £533.58k (-21%)

Turnover

N/A

Employees

Debt Ratio

67%

Decreased by 8 (-11%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec 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

2 active

Show resigned officers

						Status
Graeme Morrison Bone	Director	British	United Kingdom	56	18 Nov 2021	Active
Stuart Charles Oag	Director	British	United Kingdom	53	18 Nov 2021	Active

Shareholders

Shareholders (1)


Drum Development Group Limited	100.0%	1	Ordinary	10 Jan 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Drum Development Group Limited

United Kingdom

Active

Notified 18 Nov 2021

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

DRUM DEVELOPMENT GROUP LIMITED united kingdom

DRUM (MINERVA WAY) LIMITED Current Company

Charges

2 outstanding

Documents

Company Filings

Date	Category	Description	Document
19 Nov 2025	Confirmation Statement	Confirmation statement made on 2025-11-17 with no updates	View(3 pages)
26 Sept 2025	Accounts	Annual accounts made up to 2024-12-31	View(15 pages)
19 Nov 2024	Confirmation Statement	Confirmation statement made on 2024-11-17 with no updates	View(3 pages)
26 Sept 2024	Accounts	Annual accounts made up to 2023-12-31	View(14 pages)
15 May 2024	Change Of Name	Certificate Change Of Name Company	View(3 pages)