Drilling firm grows after owner invests

The Hull-based company specialises in drilling for all sectors of business and industry, including building, construction and civil engineering, plus specific sectors such as nuclear, oil, gas and defence.

The company, which also has a depot in Leeds, has an annual turnover of £500,000 and employs eight staff, including seven drilling and sawing operatives.

Working on projects UK-wide with a focus on Lincolnshire, Yorkshire, the Midlands and the North, Precision Drilling’s new owner Ian Wilkinson said the firm is keen to expand.

“Following the acquisition earlier this year, we have now made a significant investment in our transport, machinery, employee training and marketing as well as upgrading our business accreditations.”

Capital investments of approximately £100,000 have included a new floor saw for exterior concrete cutting, such as roads and drainage, a Mercedes van, plus other new machinery and an IT system. Mr Wilkinson said this will help develop Precision Drilling’s capabilities in diamond floor sawing, drilling, specialist anchor fixing and selective dust and vibration-free demolition.

“Business is healthy and we are in discussions about projects around the UK including growing sectors such as renewables, onshore and offshore wind, and nuclear, where we have a proven track record on a number of power stations.”

Recent contracts include drilling work on a liquid gas concrete tank for a major oil and gas company, major wall and floor work, such as putting manholes into floor bases, work on the exterior of a hospital, and renovations and improvements at a local leisure centre.