Founded in 2002, Coretrax Global, classified under reg no. SC240299 is an active company. Currently registered at Controls Building Badentoy Road AB12 4YA, Portlethen, Aberdeen the company has been in the business for twenty two years. Its financial year was closed on 31st December and its latest financial statement was filed on 2022-12-31. Since 2021-03-25 Coretrax Global Limited is no longer carrying the name Churchill Drilling Tools (rentals).
The company has 3 directors, namely Scott B., John F. and Michael D.. Of them, Michael D. has been with the company the longest, being appointed on 21 November 2019 and Scott B. has been with the company for the least time - from 4 October 2021. At the moment there are several former directors listed by the company. Their names might be found in the box below. In addition, there is one former secretary - Michael C. who worked with the the company until 21 November 2019.
| Office Address | Controls Building Badentoy Road |
| Office Address2 | Badentoy Industrial Estate |
| Town | Portlethen, Aberdeen |
| Post code | AB12 4YA |
| Country of origin | United Kingdom |
| Registration Number | SC240299 |
| Date of Incorporation | Fri, 29th Nov 2002 |
| Industry | Other professional, scientific and technical activities not elsewhere classified |
| End of financial Year | 31st December |
| Company age | 22 years old |
| Account next due date | Mon, 30th Sep 2024 (154 days left) |
| Account last made up date | Sat, 31st Dec 2022 |
| Next confirmation statement due date | Wed, 6th Dec 2023 (2023-12-06) |
| Last confirmation statement dated | Tue, 22nd Nov 2022 |
Position: Director
Appointed: 04 October 2021
Position: Director
Appointed: 18 March 2021
Position: Director
Appointed: 21 November 2019
The register of persons with significant control that own or control the company consists of 5 names. As BizStats researched, there is Coretrax Technology Holding Company Limited from London, England. The abovementioned PSC is classified as "a private limited company", has 75,01-100% voting rights and has 75,01-100% shares. The abovementioned PSC has 75,01-100% voting rights and has 75,01-100% shares. Another one in the persons with significant control register is Hsbc Corporate Trustee Company (Uk) Limited that put London, England as the official address. This PSC has a legal form of "a private limited company", owns 75,01-100% shares. This PSC owns 75,01-100% shares. Moving on, there is Churchill Drilling Tools (Holdings) Limited, who also fulfils the Companies House conditions to be categorised as a PSC. This PSC has a legal form of "a private limited company", owns 75,01-100% shares, has 75,01-100% voting rights. This PSC , owns 75,01-100% shares and has 75,01-100% voting rights.
Coretrax Technology Holding Company Limited
International House Holborn Viaduct, London, EC1A 2BN, England
| Legal authority | Companies Act 2006 |
| Legal form | Private Limited Company |
| Country registered | England |
| Place registered | Uk Companies House |
| Registration number | 12262309 |
| Notified on | 1 August 2021 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights |
Hsbc Corporate Trustee Company (Uk) Limited
8 Canada Square, London, E14 5HQ, England
| Legal authority | English Law |
| Legal form | Private Limited Company |
| Country registered | England |
| Place registered | Uk Companies House |
| Registration number | 06447555 |
| Notified on | 21 November 2019 |
| Nature of control: |
75,01-100% shares |
Churchill Drilling Tools (Holdings) Limited
76 Brook Street, London, W1K 5EE, England
| Legal authority | Companies Act 2006 |
| Legal form | Private Limited Company |
| Country registered | England |
| Place registered | Uk Companies House |
| Registration number | 09891772 |
| Notified on | 6 April 2016 |
| Ceased on | 1 August 2021 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights |
Ctl Uk Bidco Ltd
76 Brook Street, London, W1K 5EE, England
| Legal authority | Companies Act 2006 |
| Legal form | Private Limited Company |
| Country registered | England |
| Place registered | Uk Companies House |
| Registration number | 12262309 |
| Notified on | 21 November 2019 |
| Ceased on | 21 November 2019 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights |
Michael C.
| Notified on | 6 April 2016 |
| Ceased on | 21 November 2019 |
| Nature of control: |
significiant influence or control |
| Churchill Drilling Tools (rentals) | March 25, 2021 |
| Profit & Loss | ||||
|---|---|---|---|---|
| Accounts Information Date | 2020-03-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
| Balance Sheet | ||||
| Cash Bank On Hand | 1 749 588 | 822 556 | 1 459 574 | 627 405 |
| Current Assets | 13 187 572 | 9 500 089 | ||
| Debtors | 10 768 572 | 7 888 666 | 13 004 598 | 7 793 743 |
| Net Assets Liabilities | 9 226 030 | 9 625 322 | ||
| Other Debtors | 389 385 | 96 281 | 186 549 | 429 118 |
| Property Plant Equipment | 5 709 718 | 5 323 981 | 8 795 475 | 9 919 867 |
| Total Inventories | 669 412 | 788 867 | 3 019 189 | 7 665 547 |
| Other | ||||
| Audit Fees Expenses | 58 460 | 50 000 | ||
| Accrued Liabilities Deferred Income | 498 236 | 1 064 089 | 1 289 578 | 3 007 937 |
| Accumulated Amortisation Impairment Intangible Assets | 239 882 | 328 118 | ||
| Accumulated Depreciation Impairment Property Plant Equipment | 5 007 360 | 5 034 356 | 9 586 263 | 11 894 192 |
| Additions Other Than Through Business Combinations Intangible Assets | 117 323 | |||
| Additions Other Than Through Business Combinations Property Plant Equipment | 487 825 | 3 686 144 | ||
| Administrative Expenses | 5 636 940 | 4 263 505 | 8 900 724 | 12 959 852 |
| Amortisation Expense Intangible Assets | 16 301 | 88 236 | ||
| Amounts Owed By Group Undertakings | 7 254 501 | 5 153 269 | 8 029 922 | 862 505 |
| Amounts Owed To Group Undertakings | 8 445 696 | 3 686 381 | 2 211 365 | 237 067 |
| Average Number Employees During Period | 54 | 54 | 68 | 96 |
| Corporation Tax Payable | 118 418 | 861 929 | ||
| Corporation Tax Recoverable | 34 101 | |||
| Cost Sales | 3 552 975 | 2 942 694 | 3 081 120 | 7 420 326 |
| Creditors | 9 567 872 | 5 064 720 | 5 190 721 | 7 557 521 |
| Current Tax For Period | 274 514 | 222 337 | 861 930 | |
| Decrease From Reversal Impairment Loss Recognised In Profit Or Loss Property Plant Equipment | 122 796 | |||
| Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws | 17 352 | |||
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | 152 509 | 30 640 | 290 895 | -251 055 |
| Depreciation Expense Property Plant Equipment | 1 019 657 | 872 189 | 1 445 346 | 2 115 926 |
| Double Taxation Relief | 57 106 | |||
| Fixed Assets | 5 923 682 | 5 537 945 | 9 934 453 | 11 222 025 |
| Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment | 3 919 | |||
| Further Item Deferred Expense Credit Component Total Deferred Tax Expense | -45 752 | -71 743 | ||
| Further Item Tax Increase Decrease Component Adjusting Items | 7 993 | -52 987 | ||
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 525 871 | 284 444 | 1 350 000 | 1 050 000 |
| Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss | 243 157 | -336 760 | 212 388 | 827 029 |
| Gain Loss On Disposals Property Plant Equipment | 375 688 | 6 551 | 8 469 | 25 984 |
| Gross Profit Loss | 8 041 642 | 5 067 667 | 12 206 052 | 21 023 916 |
| Impairment Loss Property Plant Equipment | 166 240 | 227 734 | ||
| Impairment Reversal Property Plant Equipment | 122 796 | |||
| Increase Decrease From Foreign Exchange Differences Property Plant Equipment | 5 761 | |||
| Increase Decrease In Current Tax From Adjustment For Prior Periods | 160 678 | 144 308 | 26 802 | 38 182 |
| Increase From Amortisation Charge For Year Intangible Assets | 88 236 | |||
| Increase From Depreciation Charge For Year Property Plant Equipment | 872 189 | 2 115 926 | ||
| Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment | 227 734 | |||
| Intangible Assets | 1 107 097 | 1 270 277 | ||
| Intangible Assets Gross Cost | 1 346 979 | 1 598 395 | ||
| Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings | 4 205 | 5 372 | ||
| Interest Income From Group Undertakings Participating Interests | 8 491 | 1 733 | ||
| Interest Income On Bank Deposits | 52 248 | 170 | 28 | 810 |
| Interest Payable Similar Charges Finance Costs | 4 205 | 5 372 | ||
| Investments Fixed Assets | 213 964 | 213 964 | 31 881 | 31 881 |
| Investments In Subsidiaries | 213 964 | 213 964 | 31 881 | 31 881 |
| Net Current Assets Liabilities | 3 619 700 | 4 435 369 | ||
| Net Finance Income Costs | 8 519 | 2 543 | ||
| Operating Profit Loss | 2 404 702 | 804 162 | 3 305 328 | 8 064 064 |
| Other Creditors | 48 160 | 51 622 | 30 826 | 145 193 |
| Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 722 397 | 39 650 | ||
| Other Disposals Property Plant Equipment | 846 566 | 259 584 | ||
| Other Interest Receivable Similar Income Finance Income | 52 248 | 170 | 8 519 | 2 543 |
| Other Taxation Social Security Payable | 59 235 | 85 643 | 124 031 | 168 564 |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 119 810 | 62 960 | 140 626 | 256 756 |
| Percentage Class Share Held In Subsidiary | 49 | 49 | ||
| Prepayments Accrued Income | 376 362 | 1 745 846 | 1 614 163 | 3 581 233 |
| Profit Loss | 1 851 194 | 399 292 | 2 773 813 | 7 048 247 |
| Profit Loss On Ordinary Activities Before Tax | 2 452 745 | 804 332 | 3 313 847 | 8 061 235 |
| Property Plant Equipment Gross Cost | 10 717 078 | 10 358 337 | 18 381 738 | 21 814 059 |
| Raw Materials Consumables | 669 412 | 788 867 | 3 019 189 | 7 665 547 |
| Research Development Expense Recognised In Profit Or Loss | 20 836 | 18 717 | 17 549 | 70 652 |
| Social Security Costs | 200 357 | 129 336 | 279 315 | 537 913 |
| Staff Costs Employee Benefits Expense | 3 382 364 | 2 036 061 | 4 701 238 | 7 876 510 |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 317 352 | 347 992 | 806 959 | 484 161 |
| Tax Expense Credit Applicable Tax Rate | 466 022 | 152 823 | 629 631 | 1 531 635 |
| Tax Increase Decrease Arising From Group Relief Tax Reconciliation | 160 678 | 122 354 | -310 184 | -507 724 |
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 31 957 | -14 445 | 7 283 | 1 152 |
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 601 551 | 405 040 | 540 034 | 1 012 988 |
| Total Assets Less Current Liabilities | 9 543 382 | 9 973 314 | ||
| Total Current Tax Expense Credit | 431 690 | 374 400 | 294 891 | 1 335 786 |
| Total Deferred Tax Expense Credit | 169 861 | 30 640 | 245 143 | -322 798 |
| Total Operating Lease Payments | 127 954 | 316 445 | 186 780 | 506 156 |
| Trade Creditors Trade Payables | 398 127 | 176 985 | 1 534 921 | 3 136 831 |
| Trade Debtors Trade Receivables | 2 748 324 | 893 270 | 3 139 863 | 2 920 887 |
| Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment | -1 124 501 | |||
| Turnover Revenue | 11 594 617 | 8 010 361 | 15 287 172 | 28 444 242 |
| Wages Salaries | 3 062 197 | 1 843 765 | 4 281 297 | 7 081 841 |
| Company Contributions To Defined Benefit Plans Directors | 20 000 | |||
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| AA |
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