PARADIGM DRILLING SERVICES LIMITED

Company number SC358773 · Active

PARADIGM DRILLING SERVICES LIMITED is a private limited company registered in ABERDEEN, United Kingdom, incorporated on 28 Apr 2009. Its registered activity is manufacture of tools. Its latest published accounts for the period ending 31 Dec 2021 show equity of −£17.9m, total assets of £4.6m. It has filed 3 sets of accounts, 2 of them after the deadline. 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 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Industry5.1×25 · 0.60 % became insolvent
Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent

Lowers the risk

Region0.0×AB · 0.00 % 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
SC358773 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
28 Apr 2009 (18 years)
Registered address
AB10 1UT ABERDEEN
Postcode area
Aberdeen
Activity
25730 Manufacture of tools
Industry
Manufacture of fabricated metal products
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202115 Dec 2022– –−£17.9m£4.6m £1.6m£270k12
31 Dec 202015 Sep 2021– –−£16.2m£5.0m £1.5m£95k11
31 Dec 201915 Nov 2020– –−£13.7m£5.6m £998k£74k15

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

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Questions about PARADIGM DRILLING SERVICES LIMITED

What is the company number of PARADIGM DRILLING SERVICES LIMITED?

PARADIGM DRILLING SERVICES LIMITED is registered under company number SC358773 in the official register of United Kingdom. View it at the official register.

Is PARADIGM DRILLING SERVICES LIMITED still active?

Yes. PARADIGM DRILLING SERVICES LIMITED is registered as active (status: Active).

Has PARADIGM DRILLING SERVICES LIMITED gone bankrupt or into insolvency?

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

How likely is PARADIGM DRILLING SERVICES LIMITED to become insolvent?

Our model estimates a 0.00 % probability that PARADIGM DRILLING SERVICES LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was PARADIGM DRILLING SERVICES LIMITED founded?

PARADIGM DRILLING SERVICES LIMITED was incorporated on 28 Apr 2009.

Where is PARADIGM DRILLING SERVICES LIMITED registered?

PARADIGM DRILLING SERVICES LIMITED's registered address is in AB10 1UT ABERDEEN (Aberdeen), United Kingdom.

What do the latest accounts of PARADIGM DRILLING SERVICES LIMITED show?

The latest published accounts (period ending 31 Dec 2021) show equity of −£17.9m, total assets of £4.6m, 12 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 8 Nov 2026.