V2 Drilling Tools Limited
Registered name: V2 DRILLING TOOLS LIMITED
V2 Drilling Tools Limited does not publish its revenue or profit. Its accounts to 31 Aug 2025 show net assets of £2.
V2 Drilling Tools Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Aug 2025 showed net assets of £2. The company is classified under “manufacture of lifting and handling equipment” and is based in Strathaven; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Strathaven, Scotland
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Revenue not disclosed
V2 Drilling Tools Limited’s accounts for the year to 31 Aug 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- —
- Net assets
- £2
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | No P&L | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | £0 | £0 | — | — |
| Profit after tax | −£15.6k | −£14.9k | — | — |
| Profit (best available) | −£15.6k | −£14.9k | — | — |
| Staff costs | £0 | £0 | — | — |
| Employees (average) | — | 2 | 2 | — |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Revenue per employee | — | £0 | — | — |
| Profit per employee | — | −£7.5k | — | — |
| Growth (year on year) | ||||
| Headcount growth | — | — | 0% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£163k | −£178k | −£193k | £2 |
| Fixed assets | £43.6k | £29.1k | £14.5k | — |
| Current assets | £23.1k | £23.3k | £23.3k | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jul 2026 |
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £2
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025, from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.