SENERGY WELLS LIMITED

1. SENERGY WELLS LIMITED 2010-03-05 → present
2. XCAVO LIMITED 2002-08-14 → 2010-03-05
3. STALLBRICK LIMITED 2002-05-13 → 2002-08-14

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

Anderson Anderson & Brown Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared budgets and cash flow forecasts, and having made due and careful enquiry, are of the opinion that the company has adequate working capital to execute its operations for a period of at least 12 months following the date of approval of these financial statements. Although the company is showing a net asset position, The group, headed by Elemental Squared Limited, has also agreed to provide support to the company as required. With this support, the directors believe the company is able to meet its liabilities as they fall due, and the directors continue to adopt the going concern basis in preparing the accounts.”

Significant events

• “The Group was consolidated during 2024 through acquisitions including Well Expertise AS, Sentinel Consolidated Pte Ltd (now Elemental Energies Pte Ltd) and Norwell Edge Ltd. These strengthened our Norwegian, UK and Asian capabilities, expanding the Group's technical reach and talent base.”
• “Following the acquisition of the company by Elemental Energies Holdings Limited the business will be focused on the energy sector transition.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -17.1%

  £14,053,695 → £11,648,805

• Cash

  -76.1%

  £252,009 → £60,143

• Net assets

  -17.3%

  £4,085,168 → £3,378,641

• Employees

  0%

  15 → 15

• Operating profit

  -117.4%

  £2,451,972 → -£425,991

• Profit before tax

  -117.5%

  £2,451,972 → -£428,188

• Wages

  +14.8%

  £1,681,857 → £1,930,615

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