Welltec (UK) Ltd.
ActiveSC204742Professional servicesIncorporated 8 Mar 2000 · Aberdeen
The principal activities of the company continued to be the provision of innovative downhole support for the oil and gas industry and the provision of manning services to other group companies.
Revenue
£17.2m
▲ +48.0% vs prior ~12m period
Profit after tax
£40k
Margin 0.2%
Employees
32
▼ -13.5% vs prior ~12m period
Net assets
£2.1m
Total assets £9.4m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
Jan 2022Not available
Jan 2023
£13.9m
Dec 2023
£11.6m▼ -16.2%
Dec 2024
£17.2m▲ +48.0%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £17.2m | ▲ +48.0% | £51k | 32 | £2.1m |
| 31 Dec 2023 | £11.6m | ▼ -16.2% | £1.6m | 37 | £2.0m |
| 1 Jan 2023 | £13.9m | — | £705k | 35 | £602k |
| 1 Jan 2022 | — | — | — | — | £124k |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £17.2m
- Gross profit
- £2.3m
- Operating profit
- £28k
- Profit before tax
- £51k
- Profit after tax
- £40k
Balance sheet
- Total assets
- £9.4m
- Cash
- £215
- Total liabilities
- £7.3m
- Net assets
- £2.1m
- Revenue per employee
- £538k
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