WELLDYNAMICS INTERNATIONAL LIMITED

1. WELLDYNAMICS INTERNATIONAL LIMITED 2001-03-21 → present
2. PES (INTERNATIONAL) LIMITED 1994-03-04 → 2001-03-21
3. MOUNTWEST 12 LIMITED 1993-06-25 → 1994-03-04

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

James Cowper Kreston Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The company is an intermediary investment holding company. The company has no financial obligations which are external to the Halliburton Company group. No significant cash flows are forecast. The directors' assessment of going concern, for at least twelve month from the date of approval of these financial statements, reflects how the company has no significant financial commitments other than amounts owed to Halliburton group companies. For any incidental overhead or similar costs which may be incurred during this forecast period, the company has net current assets upon which to draw. The company will continue to settle any receipts and payments through treasury facilities provided by fellow Halliburton subsidiaries in the UK. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. WELLDYNAMICS INTERNATIONAL LIMITED · parent
   1. WellDynamics Inc. 100% · USA · Oil services
   2. WellDynamics Nigeria Limited 100% · Nigeria · Oil services
   3. Halliburton Affiliates Holding C.V. 0% · Netherlands · Oil services

Significant events

• “The loss for the year, after taxation, amounted to £128,496 (2023: Loss £86,909)”
• “Halliburton Affiliates Holding C.V was sold during the year and resulting loss recognised in profit and loss.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

3

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -1.9%

  £36,723,829 → £36,044,218

• Employees

  —

  Not reported

• Profit before tax

  -274.6%

  -£38,867 → -£145,610

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers