Inrock Limited
Private Limited Company · Halesowen
ActiveUnited KingdomIncorporated 1997Private Limited Company
Financial position
Accounts to 2025-12-31 · Company accounts
Net assets
£8,644,000
Cash
£7,022,000
Turnover
£11,639,000
Profit / loss
—
Current assets
£12,321,000
Creditors < 1 year
—
Equity
£8,644,000
Average employees
9
Balance-sheet trend
Currency not tagged · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | 8,644,000 | — |
| Equity | 8,644,000 | 6,883,000 |
| Share capital | 211,000 | 211,000 |
| Retained earnings | 5,263,000 | 3,502,000 |
| Assets | ||
| Fixed assets | 1,836,000 | 1,548,000 |
| Intangible assets | 75,000 | 96,000 |
| Property, plant & equipment | 1,761,000 | 1,452,000 |
| Current assets | 12,321,000 | 8,559,000 |
| Cash at bank | 7,022,000 | 3,829,000 |
| Debtors | 3,666,000 | 2,714,000 |
| Stock | 1,633,000 | 2,016,000 |
| Liabilities | ||
| Creditors | 5,513,000 | 3,226,000 |
| Bank loans & overdrafts | 1,123,000 | — |
| Profit & loss | ||
| Turnover | 11,639,000 | 9,147,000 |
| Operating costs | ||
| Audit fees | 33,000 | 31,000 |
| People & pay | ||
| Average employees | 9 | 10 |
| Staff costs | 1,034,000 | 933,000 |
| Wages & salaries | 959,000 | 871,000 |
| Highest paid director | 283,000,000 | 264,000,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activities of the Company continue to be the sale and rental of drilling equipment and the provision of drilling services in the commercial, infrastructure construction markets in particular markets focused on power, telecommunications, oil & gas, renewable energy, and water/wastewater.
- What it does
- sale of drilling equipment · rental of drilling equipment · drilling services · commercial markets · infrastructure construction · power · telecommunications · oil & gas · renewable energy · water/wastewater (AI keywords)
- The year
- The overall market in 2025 saw an increase in activity levels as compared to the previous year. This was mainly due to improved activity in overseas market outside of the European Area. Inrock Limited's key markets within Europe also showed signs of improvement.
- Outlook
- Despite the near-term economic conditions, Inrock limited is expected to gain market share through its new product development efforts and geographic expansion plans.
- Auditor
- Grant Thornton UK LLP · senior statutory auditor Sreekanth Gaddamanugu
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Sandvik Holdings Limited · England and Wales
- Ultimate parent
- Sandvik AB · Sweden
- Accounts
- Small company · FRS 101
- Approved
- 2026-07-13, signed by C Rowney
Turnover by segment (6)
- UK: 1,679 (000s) (2025-12-31)
- UK: 1,449 (000s) (2024-12-31)
- Rest of Europe: 7,612 (000s) (2025-12-31)
- Rest of Europe: 4,404 (000s) (2024-12-31)
- Rest of World: 2,348 (000s) (2025-12-31)
- Rest of World: 3,294 (000s) (2024-12-31)
Borrowings (1)
- UK group cash pooling arrangement
Directors' report (5)
- AM Ronnie
- C Rowney
- J Fabra · resigned 2025-08-19
- SC Mitchell · appointed 2025-05-12
- X Chen · appointed 2025-08-19
Share classes (1)
- 1,074 Ordinary of £0.10
Principal risks (2)
- sales marketing strategies from key competitors
- liquidity of customers
Events after the year end (1)
- After the year end, a dividend of $1,993,000 was declared by the directors.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFixed · created 2011-04-05
All monies
Outstanding