Company Overview
Deep Casing Tools Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 01 September 1999, so this is a well established company. Deep Casing Tools Limited has been in business for 26 years and 7 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Unit 4 & 5 Enterprise Drive, Westhill Industrial Estate, Westhill, AB32 6TQ
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Companies House Data
Company NameDEEP CASING TOOLS LIMITED
Company NumberSC199420
Registered Office AddressUnit 4 & 5 Enterprise Drive
 Westhill Industrial Estate
 AB32 6TQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/09/1999
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date15/09/2016
Returns Last Made Up Date18/08/2015
Previous Company NameChanged Date
FUTURETEC LIMITED03 Feb 2010
Directors & Members
Show Resigned
Michael Domino Jr. - Director
(American, 52 years old, born October 1974)
Appointed 07 October 2025
 Active
David Johnson - Director
(American, 62 years old, born July 1964)
Appointed 07 October 2025
 Active
Robert Prejean - Director
(American, 65 years old, born July 1961)
Appointed 07 October 2025
 Active
Burness Paull Llp - Secretary
Appointed 08 January 2026
 Active
Secretaries
Show Resigned
Burness Paull Llp - Secretary
Appointed 08 January 2026
 Active
Other Company Directorships
Michael Domino Jr.
No companies found
David Johnson
No companies found
Robert Prejean
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Balance Sheet
Fixed Assets 42,173 42,173 60,894
Current Assets 4,768,840 4,768,840 6,247,425
Creditors Due Within One Year 10,985,452 10,985,452 11,761,372
Working Cap -6,216,612 -6,216,612 -5,513,947
Total Assets Less Current Liabilities -6,174,439 -6,174,439 -5,453,053
Long-term Liabilities 0 0 0
Net Assets -6,174,439 -6,174,439 -5,453,053
Share Capital & Reserves
Share Cap 141,729 141,729 141,729
Profit & Loss Reserves -6,514,087 -6,514,087 -5,792,701
Other Reserves 197,919 197,919 197,919
Shareholders Funds -6,174,439 -6,174,439 -5,453,053
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Tangible Fixed Assets - - -
Fixed Assets 0.9% 0.9% 1.0%
Stocks Inventory 65.4% 65.4% 64.3%
Debtors 0.0% 0.0% 9.4%
Cash Bank In Hand 30.6% 30.6% 17.9%
Current Assets 99.1% 99.1% 99.0%
Creditors Due Within One Year 228.3% 228.3% 186.4%
Net Current Assets Liabilities -129.2% -129.2% -87.4%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -128.3% -128.3% -86.4%
Called Up Share Capital 2.9% 2.9% 2.2%
Share Capital Allotted Called Up Paid 2.9% 2.9% 2.2%
Profit Loss Account Reserve -135.4% -135.4% -91.8%
Shareholder Funds -128.3% -128.3% -86.4%
Capital Employed - - -
Total Assets Less Current Liabilities -128.3% -128.3% -86.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Liquidity Ratio 0.4 0.4 0.5
Solvency Ratio 0.4 0.4 0.5
Reserves to Assets -1.4 -1.4 -0.9
Secured Creditors Unlock full report
Mortgages Charges 11
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 9
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Assets 4,811,013 4,811,013 6,308,319
Debt 10,985,452 10,985,452 11,761,372
Net Assets/Debt -6,174,439 -6,174,439 -5,453,053

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

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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COVE NHT 2011 LLP
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Document Filings
Registration of charge SC1994200012, created on 13 March 2026
Statement of Company's objects
Memorandum and Articles of Association
Resolutions
Appointment of Burness Paull Llp as a secretary on 8 January 2026
Appointment of Michael Wayne Domino Jr. as a director on 7 October 2025
Termination of appointment of Drilling Tools International Holdings, Inc. as a director on 7 October 2025
Termination of appointment of David Stephenson as a director on 7 October 2025
Appointment of Mr. Robert Wayne Prejean as a director on 7 October 2025
Appointment of Mr. David Johnson as a director on 7 October 2025
Confirmation statement made on 18 August 2025 with no updates
Registration of charge SC1994200011, created on 17 December 2024
Registration of charge SC1994200010, created on 17 December 2024
Termination of appointment of R. Wayne Prejean as a director on 1 August 2024
Termination of appointment of David Johnson as a director on 1 August 2024
Appointment of Drilling Tools International Holdings, Inc. as a director on 1 August 2024
Confirmation statement made on 18 August 2024 with no updates
Change of details for Casing Technologies Group Limited as a person with significant control on 12 September 2022
Memorandum and Articles of Association
Resolutions
Appointment of Mr R. Wayne Prejean as a director on 15 March 2024
Appointment of Mr David Johnson as a director on 15 March 2024
Appointment of Mr David Stephenson as a director on 15 March 2024
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