AZIMUTH OILFIELD SYSTEMS LTD. Financials
- Company number
- SC353942CopyCopy
- Registered office
- 100 Union Street, Aberdeen, Aberdeenshire AB10 1QR
- Incorporated
- 23/01/2009
Company snapshot
- Status
- Active
- Employees
- 0 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
14.26%vs 20252025: £4.89M
Total Assets
0.30%vs 20252025: £7.20M
Cash in Bank
32.21%vs 20252025: £2.71M
Total Liabilities
-32.61%vs 20252025: £1.95M
Employees
0vs 20252025: 0
In 2026, AZIMUTH OILFIELD SYSTEMS LTD. reported net assets of £5.58M. The same filing shows total assets of £7.22M, cash in bank of £3.59M and total liabilities of £1.31M. Reported headcount was 0 in 2026. Cash in Bank rose from £2.71M in 2025 to £3.59M in 2026 (32.21%). Okredo holds filed figures for 2022–2026; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
14.26%from £4.89M in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures AZIMUTH OILFIELD SYSTEMS LTD. filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
+57.5%vs 2024+25.5% a year compound (CAGR)
Cash in Bank
+26.3%vs 2024+12.4% a year compound (CAGR)
Total Assets
+12.6%vs 2024+6.1% a year compound (CAGR)
Total Liabilities
-47%vs 2024-27.2% a year compound (CAGR)
Employees
-100%vs 2024-16Biggest increase
Net Assets+57.5%
£3.55M in 2024 to £5.58M in 2026
Biggest decrease
Employees-100%
16 in 2024 to 0 in 2026
AZIMUTH OILFIELD SYSTEMS LTD.'s filings pull in both directions between 2024 and 2026. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AZIMUTH OILFIELD SYSTEMS LTD.'s own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 77.30%2026
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 18.18%2026
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 273.11%2026
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 49.66%2026
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for AZIMUTH OILFIELD SYSTEMS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 3.09M | 4.03M | 3.55M | 4.89M | 5.58M |
| Total Assets£ | 4.17M | 5.68M | 6.41M | 7.20M | 7.22M |
| Cash in Bank£ | 1.93M | 3.10M | 2.84M | 2.71M | 3.59M |
| Total Liabilities£ | 769.36K | 1.35M | 2.48M | 1.95M | 1.31M |
| Employees | 10 | 12 | 16 | 0 | 0 |
AZIMUTH OILFIELD SYSTEMS LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AZIMUTH OILFIELD SYSTEMS LTD. covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
AZIMUTH OILFIELD SYSTEMS LTD. reported net assets of £5.58M for 2026. That compares with £4.89M in 2025, a change of 14.26%.
AZIMUTH OILFIELD SYSTEMS LTD. reported total assets of £7.22M for 2026. That compares with £7.20M in 2025, a change of 0.30%.
AZIMUTH OILFIELD SYSTEMS LTD. reported cash in bank of £3.59M for 2026. That compares with £2.71M in 2025, a change of 32.21%.
AZIMUTH OILFIELD SYSTEMS LTD. reported 0 employees in 2026, compared with 0 in 2025.
Between 2024 and 2026, AZIMUTH OILFIELD SYSTEMS LTD.'s net assets rose by 57.5%, cash in bank rose by 26.3%, total assets rose by 12.6% and total liabilities fell by 47%. Net assets compounded at 25.5% a year across the two years to 2026, from £3.55M to £5.58M. Reported headcount went from 16 in 2024 to 0 in 2026 (-16).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.