GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED

Company number 11050544 · Active

GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED is a private limited company registered in WOOLER, United Kingdom, incorporated on 7 Nov 2017. Its registered activity is test drilling and boring. Its latest published accounts for the period ending 30 Nov 2025 show equity of £55k, total assets of £66k. It has filed 7 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent
Industry2.0×43 · 0.23 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Late filings0.8×0–1 · 0.09 % 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
11050544 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
7 Nov 2017 (9 years)
Registered address
NE71 6AD WOOLER
Postcode area
Newcastle upon Tyne
Activity
43130 Test drilling and boring
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Nov 202515 Jul 2026– –£55k£66k £9,745£34k2
30 Nov 202415 Jul 2025– –£82k£187k £95k£119k2
30 Nov 202315 Apr 2024– –£44k£128k £29k£9,0943
30 Nov 202215 Jul 2023– –£99k£197k £53k£33k3
30 Nov 202115 Jun 2022– –£86k£199k £50k£10k2
30 Nov 202015 Aug 2021– –£71k£205k £44k£6,1242
30 Nov 201915 Aug 2020– –£51k£88k £28k£5,0462

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

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Questions about GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED

What is the company number of GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED?

GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED is registered under company number 11050544 in the official register of United Kingdom. View it at the official register.

Is GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED still active?

Yes. GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED is registered as active (status: Active).

Has GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED in the official data.

How likely is GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED to become insolvent?

Our model estimates a 0.00 % probability that GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED founded?

GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED was incorporated on 7 Nov 2017.

Where is GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED registered?

GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED's registered address is in NE71 6AD WOOLER (Newcastle upon Tyne), United Kingdom.

What do the latest accounts of GROUND SOURCE PENETRATION DRILLING SOLUTIONS LIMITED show?

The latest published accounts (period ending 30 Nov 2025) show equity of £55k, total assets of £66k, 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.