Company Overview
Truecut Diamond Drilling Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 16 April 2007, so this is a well established company. Truecut Diamond Drilling Limited has been in business for 18 years and 11 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Ovenden House, Wilcox Close, Aylesham Industrial Estate, Canterbury, Kent, CT3 3EP
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Companies House Data
Company NameTRUECUT DIAMOND DRILLING LIMITED
Company Number06213835
Registered Office AddressOvenden House, Wilcox Close
 Aylesham Industrial Estate
 CT3 3EP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/04/2007
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/05/2017
Returns Last Made Up Date16/04/2016
Directors & Members
Show Resigned
Alexander Ovenden - Director
(British, 59 years old, born December 1967)
Appointed 16 April 2007
 Active
Gary Venner - Director
(British, 57 years old, born December 1969)
Appointed 01 May 2007
 Active
Colin Walker - Director
(British, 63 years old, born November 1963)
Appointed 18 April 2011
 Active
Secretaries
Show Resigned
Alexander Ovenden - Secretary
(British)
Appointed 16 April 2007
 Active
Other Company Directorships
Alexander Ovenden
ADVANCED RECYCLING EQUIPMENT LTD
AOMO INVESTMENT COMPANY LTD
BOSS PLANT HIRE LIMITED
CARVER TRAINING LIMITED
CHASTISE LTD
CLAYSON LANDSCAPES LIMITED
CLUB ALPINE LTD
GARRATT PROPERTY DEVELOPMENTS LIMITED
GOODY DEMOLITION LTD
JKL BRICKWORKS LTD
JKL HOLDINGS LTD
OLD HANSON BRICKWORKS LTD
OVENDEN CIVIL ENGINEERING LIMITED
OVENDEN DEMOLITION LTD
OVENDEN EARTHMOVING CO LTD
OVENDEN TIPPER SERVICES LIMITED
R H OVENDEN HOLDINGS LTD
R H OVENDEN INVESTMENT COMPANY LTD
R. H. OVENDEN LTD
TRIPLE EDGE LIMITED
UNITED RECOVERY AND RECYCLING LTD
VO HERSDEN LTD
Gary Venner
DATUM GROUNDWORKS LTD
F & J EVENTS LTD
GOODY DEMOLITION LTD
GROVE DESIGNER HOMES LTD
GTN DEVELOPMENTS LTD
HORIZON ENVIRONMENTAL LTD
HORIZON REMEDIATION SERVICES LTD
KILN DEVELOPMENT PROPERTIES LTD
OVENDEN DEMOLITION LTD
P & G SCAFFOLDING LIMITED
P&G BRICKWORKS LTD
P&G GROUP SERVICES LTD
PRESTON MEADOW MANAGEMENT COMPANY LIMITED
TRUECUT FIRE PROTECTION SERVICES LTD
UNITED RECOVERY AND RECYCLING LTD
Colin Walker
ASSESSMENT & TRAINING SOLUTIONS LTD
THE DRILLING & SAWING ASSOCIATION LIMITED
TRUECUT FIRE PROTECTION SERVICES LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2021 31-Mar-2020
Balance Sheet
Fixed Assets 477,328 477,328 552,938
Current Assets 1,408,034 1,408,034 1,211,237
Creditors Due Within One Year 580,156 580,156 584,763
Working Cap 827,878 827,878 626,474
Total Assets Less Current Liabilities 1,305,206 1,305,206 1,179,412
Long-term Liabilities 166,827 166,827 139,518
Net Assets 1,138,379 1,138,379 1,039,894
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,138,379 1,138,379 1,039,894
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2021 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 25.3% 25.3% 31.3%
Stocks Inventory - - -
Debtors 34.8% 34.8% 30.0%
Cash Bank In Hand 39.8% 39.8% 38.7%
Current Assets 74.7% 74.7% 68.7%
Creditors Due Within One Year 30.8% 30.8% 33.1%
Net Current Assets Liabilities 43.9% 43.9% 35.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 60.4% 60.4% 58.9%
Capital Employed - - -
Total Assets Less Current Liabilities 69.2% 69.2% 66.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2021 31-Mar-2020
Liquidity Ratio 2.4 2.4 2.1
Solvency Ratio 2.5 2.5 2.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2021 31-Mar-2020
Assets 1,885,362 1,885,362 1,764,175
Debt 746,983 746,983 724,281
Net Assets/Debt 1,138,379 1,138,379 1,039,894

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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OVENDEN MOTORSPORT LTD
BOSS PLANT HIRE LTD WILCOX CLOSE, AYLESHAM, CANTERBURY, CT3 3EP
HORIZON ENVIRONMENTAL LTD
OVENDEN HOUSE WILCOX CLOSE, AYLESHAM INDUSTRIAL ESTATE, AYLESHAM, CANTERBURY, KENT, CT3 3EP
C.V.M.E. TRUCK RENTAL LIMITED
WILCOX CLOSE, AYLESHAM INDUSTRIAL ESTATE, AYLESHAM CANTERBURY, KENT, CT3 3EP
BORDERFLIGHT INVESTMENTS LIMITED
UNIT 4 CT3 BUSINESS PARK, COOTING ROAD, AYLESHAM NEAR CANTERBURY, KENT, CT3 3EP
SJJ SCAFFOLDING LIMITED
SJJ SCAFFOLDING HOLMESTONE ROAD IND ESTATE, HOLMESTONE ROAD, DOVER, KENT, CT3 3EP
EAST KENT PROJECTS LTD
BRIDGE HOUSE, PATTENDEN LANE, MARDEN, KENT, CT3 3EP
CVME SELF DRIVE HIRE LTD
WILCOX CLOSE AYLESHAM INDUSTRIAL ESTATE, AYLESHAM, CANTERBURY, KENT, CT3 3EP
TALENTPOD LTD
Unit 4 Ct3 Business Park Aylesham Industrial Estate, Aylesham, Canterbury, Kent, CT3 3EP
BOSS EXCAVATIONS LIMITED
Ovenden Plant Hire Ltd Aylesham Industrial Estate, Aylesham, Canterbury, Kent, CT3 3EP
Document Filings
Confirmation statement made on 15 April 2025 with no updates
Confirmation statement made on 15 April 2024 with updates
Confirmation statement made on 16 April 2023 with no updates
Director's details changed for Mr Alexander Thomas Robin Ovenden on 18 April 2023
Secretary's details changed for Mr Alexander Thomas Robin Ovenden on 18 April 2023
Director's details changed for Mr Gary Graham Venner on 21 November 2022
Confirmation statement made on 16 April 2022 with no updates
Confirmation statement made on 16 April 2021 with no updates
Confirmation statement made on 16 April 2020 with no updates
Confirmation statement made on 16 April 2019 with updates
Notification of Gary Graham Venner as a person with significant control on 16 January 2019
Withdrawal of a person with significant control statement on 30 April 2019
Cancellation of shares. Statement of capital on 16 January 2019
Purchase of own shares.
Confirmation statement made on 16 April 2018 with no updates
Director's details changed for Mr Gary Graham Venner on 27 June 2017
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