STIMWELL SERVICES LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-04-11.

1. STIMWELL SERVICES LIMITED 2008-03-22 → present
2. PACIFIC SHELF 1487 LIMITED 2008-01-03 → 2008-03-22

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

IFRS

Reporting scope

Consolidated group

Auditor

Anderson Anderson & Brown Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis. The Directors believe the assumption remains appropriate on the basis that the company is cash generative and at the statement of financial position date has cash balances in excess of $41.8 million. The Directors' opinion is supported by projections, demonstrating profitability and cash generation under a number of different scenarios.”

Significant events

• “2024 was a strong year for SSLTD led by a strong work programme for SSLTD's main client Aker BP and increasingly a number of other clients in the North Sea.”
• “In May 2024 StimWell passed the DNV Management Recertification Audit and made significant progression towards ISO 27001 accreditation with certification audit planned to be complete in 2025.”
• “The organisations Achilles audit returned a score of 100%, the first time in the organisations history and maintained the companies rating with Achilles as 'Gold'.”

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

Filings

1

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

  +62.9%

  £31,350,959 → £51,056,608

• Cash

  -19.6%

  £38,585,091 → £31,040,362

• Net assets

  -3.6%

  £48,157,072 → £46,419,819

• Employees

  +8.6%

  58 → 63

• Operating profit

  +176.1%

  £3,525,650 → £9,734,789

• Profit before tax

  +125.4%

  £5,093,729 → £11,479,574

• Wages

  +10.5%

  £3,366,437 → £3,719,499

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