P R MARRIOTT DRILLING LIMITED
Company number 02592487 · Monitor this company
Executive summary
P R Marriott Drilling demonstrates strong financial health with a B+ grade, characterised by exceptional 2024 profitability (£3.2M retained profit), dramatic deleveraging (liabilities reduced by 33%), and net assets reaching £12.1M – a historic high. The company has successfully transitioned from a peak activity period in 2023 to more typical operational levels, converting completed international project liabilities into profit. While the cyclical and internationally exposed nature of the drilling industry requires ongoing vigilance, the balance sheet strength, diversified market presence, and strategic shift toward geothermal and water sectors position the business well for sustainable long-term health.
Shareholders' funds
£12,093,735
Balance sheet as at 2024-12-31
What it does
The principal activity of the group in the year under review was that of drilling and related services to the oil, gas, gas storage, shale gas, CBM, geothermal, mining and water supply industries.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1991-03-18
- Employees
- 164 (2024 accounts · was 214 in 2023)
- Registered office
- Spring Water House Old Pit Lane, Danesmoor, Chesterfield, Derbyshire, England, S45 9BQ
- Postcode
- S45 9BQ
- Capital
- 73,002 GBP
- Accounts category
- Group
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 30 December
Confirmation statement
- Last statement dated
- 2026-03-18
- Next due by
- 2027-04-01
Nature of business (SIC)
- 43130 Test drilling and boring
Officers 5 current · 15 resigned
Group structure 3 subsidiaries
From persons-with-significant-control filings on the public register.
Public contracts won 1
£68,905 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Data protection registration
Registered with the ICO as a data protection fee payer — ZA498002 (Tier 2), registered since 2019.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
Previous company names
| Name | Date changed |
|---|---|
| P.R. MARRIOTT GEOTECHNICAL LIMITED | 1993-01-26 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| SPRINWATER HOUSE, OLD PIT LANE PILSLEY ROAD, DANESMOOR CLAY CROSS, CHESTERFIELD DERBYSHIRE, S45 9BQ | 2016-04-07 |
| SPRINWATER HOUSE, OLD PIT LANE PILSLEY ROAD, DANESMOOR CLAY CROSS, CHESTERFIELD DERBYSHIRE, S45 9BQ | 2016-04-07 |
Among its peers
Top 10%
by shareholders' funds, of 11 similar companies in S
The largest employer among its local peers (164 staff).
The oldest of its local peers, trading since 1991.
Competitors Sheffield
This company ranks 1 among test drilling and boring in Sheffield.
The class of 1991
50%
of the 20,888 companies incorporated in 1991 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.