PROACTIVE DRILLING MANAGEMENT LIMITED

Company number 03144750 · Active

PROACTIVE DRILLING MANAGEMENT LIMITED is a private limited company registered in STOCKTON ON TEES, United Kingdom, incorporated on 10 Jan 1996. Its registered activity is extraction of crude petroleum. Its latest published accounts for the period ending 31 May 2025 show equity of £29k, total assets of £29k. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Region1.5×TS · 0.17 % became insolvent
Days since last period end1.4×427–543 · 0.16 % became insolvent

Lowers the risk

Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
03144750 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
10 Jan 1996 (31 years)
Registered address
TS18 5DT STOCKTON ON TEES
Postcode area
Cleveland
Activity
06100 Extraction of crude petroleum
Industry
Extraction of crude petroleum and natural gas
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Feb 2026– –£29k£29k £80–2
31 May 202415 Oct 2024– –£30k£31k ––1
31 May 202315 Dec 2023– –£34k£34k ––1
31 May 202215 Feb 2023– –£35k£35k £250–1
31 May 202115 Jan 2022– –£40k£41k £250–1
31 May 202015 May 2021– –£51k£51k £250–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Cleveland

Questions about PROACTIVE DRILLING MANAGEMENT LIMITED

What is the company number of PROACTIVE DRILLING MANAGEMENT LIMITED?

PROACTIVE DRILLING MANAGEMENT LIMITED is registered under company number 03144750 in the official register of United Kingdom. View it at the official register.

Is PROACTIVE DRILLING MANAGEMENT LIMITED still active?

Yes. PROACTIVE DRILLING MANAGEMENT LIMITED is registered as active (status: Active).

Has PROACTIVE DRILLING MANAGEMENT LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PROACTIVE DRILLING MANAGEMENT LIMITED in the official data.

How likely is PROACTIVE DRILLING MANAGEMENT LIMITED to become insolvent?

Our model estimates a 0.01 % probability that PROACTIVE DRILLING MANAGEMENT LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was PROACTIVE DRILLING MANAGEMENT LIMITED founded?

PROACTIVE DRILLING MANAGEMENT LIMITED was incorporated on 10 Jan 1996.

Where is PROACTIVE DRILLING MANAGEMENT LIMITED registered?

PROACTIVE DRILLING MANAGEMENT LIMITED's registered address is in TS18 5DT STOCKTON ON TEES (Cleveland), United Kingdom.

What do the latest accounts of PROACTIVE DRILLING MANAGEMENT LIMITED show?

The latest published accounts (period ending 31 May 2025) show equity of £29k, total assets of £29k, 2 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.