Company Overview
Titan Tools Group Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 05 November 2019. Titan Tools Group Limited has been in business for 6 years and 4 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Titan Tools Facility, Unit J Nord Centre, York Street, Aberdeen, AB11 5DN
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Companies House Data
Company NameTITAN TOOLS GROUP LIMITED
Company NumberSC646202
Registered Office AddressTitan Tools Facility, Unit J Nord Centre
 York Street
 AB11 5DN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/11/2019
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date03/12/2020
Directors & Members
Show Resigned
Michael Domino - Director
(American, 52 years old, born October 1974)
Appointed 18 February 2025
 Active
David Johnson - Director
(American, 62 years old, born July 1964)
Appointed 18 February 2025
 Active
Robert Prejean - Director
(American, 65 years old, born July 1961)
Appointed 18 February 2025
 Active
Burness Paull Llp - Secretary
Appointed 08 January 2026
 Active
Secretaries
Burness Paull Llp - Secretary
Appointed 08 January 2026
 Active
Other Company Directorships
Michael Domino
No companies found
David Johnson
CASING TECHNOLOGIES GROUP LIMITED
DEEP CASING TOOLS LIMITED
TITAN TOOLS SERVICES LIMITED
Robert Prejean
DRILLING TOOLS INTERNATIONAL HOLDINGS LIMITED
DRILLING TOOLS INTERNATIONAL LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 2,065,202 2,065,202 2,065,202
Current Assets 62 62 100
Creditors Due Within One Year 1,386,255 1,386,255 1,386,355
Working Cap -1,386,193 -1,386,193 -1,386,255
Total Assets Less Current Liabilities 679,009 679,009 678,947
Long-term Liabilities 0 0 0
Net Assets 679,009 679,009 678,947
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 679,009 679,009 678,947
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 100.0% 100.0% 100.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 0.0% 0.0% 0.0%
Creditors Due Within One Year 67.1% 67.1% 67.1%
Net Current Assets Liabilities -67.1% -67.1% -67.1%
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 32.9% 32.9% 32.9%
Capital Employed - - -
Total Assets Less Current Liabilities 32.9% 32.9% 32.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio 1.5 1.5 1.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2022 31-Mar-2021
Assets 2,065,264 2,065,264 2,065,302
Debt 1,386,255 1,386,255 1,386,355
Net Assets/Debt 679,009 679,009 678,947

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 appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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 appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   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 appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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
Other Business around AB11 5DN
No other companies found in the same location
Document Filings
Registration of charge SC6462020001, created on 13 March 2026
Memorandum and Articles of Association
Resolutions
Appointment of Burness Paull Llp as a secretary on 8 January 2026
Director's details changed for Mr Robert Wayne Prejean on 1 April 2025
Director's details changed for Mr David Johnson on 1 April 2025
Director's details changed for Mr Michael Wayne Domino on 1 April 2025
Termination of appointment of David Stephenson as a director on 7 October 2025
Registered office address changed from 5 Carden Place Aberdeen AB10 1UT Scotland to Titan Tools Facility, Unit J Nord Centre York Street Aberdeen AB11 5DN on 6 June 2025
Confirmation statement made on 16 April 2025 with updates
Notification of Drilling Tools International Corporation as a person with significant control on 29 October 2024
Cessation of Keith Scott Gaskin as a person with significant control on 29 October 2024
Cessation of Bruce Thornton Jepp as a person with significant control on 29 October 2024
Appointment of Mr David Stephenson as a director on 18 February 2025
Appointment of Mr David Johnson as a director on 18 February 2025
Appointment of Mr Robert Wayne Prejean as a director on 18 February 2025
Appointment of Mr Michael Wayne Domino as a director on 18 February 2025
Termination of appointment of Graeme John Stewart as a director on 2 January 2025
Termination of appointment of Keith Scott Gaskin as a director on 2 January 2025
Termination of appointment of Bruce Thornton Jepp as a director on 2 January 2025
Termination of appointment of George Clark as a director on 2 January 2025
Current accounting period shortened from 31 March 2025 to 31 December 2024
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