Axis Well Technology Limited
ActiveSC217030Professional servicesIncorporated 20 Mar 2001 · Glasgow
Provision of subsurface, petroleum and well engineering and operational support consultancy services to the international energy industry.
Revenue
£24.5m
▲ +22.1% vs prior ~12m period
Profit after tax
£3.8m
Margin 18.5%
Employees
104
▲ +16.9% vs prior ~12m period
Net assets
£28.9m
Total assets £31.7m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
Feb 2021Not available
Jan 2022
£20.0m
Jan 2023
£24.5m▲ +22.1%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Jan 2023 | £24.5m | ▲ +22.1% | £4.5m | 104 | £28.9m |
| 31 Jan 2022 | £20.0m | — | £3.0m | 89 | £25.1m |
| 1 Feb 2021 | — | — | — | — | £22.6m |
Latest available figures
Period ending 31 Jan 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £24.5m
- Gross profit
- £7.6m
- Operating profit
- £4.5m
- Profit before tax
- £4.5m
- Profit after tax
- £3.8m
Balance sheet
- Total assets
- £31.7m
- Cash
- £11.0m
- Total liabilities
- £2.9m
- Net assets
- £28.9m
- Revenue per employee
- £235k
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