OILFIELD TESTING SERVICES LIMITED Financials
- Company number
- 04210596Copy
Copy - Registered office
- Qualtest House, Viking Road Gapton Hall, Industrial Estate Great Yarmouth, Norfolk NR31 0NU
- Incorporated
- 03/05/2001
Company snapshot
- Status
- Active
- Employees
- 15 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-5.09%vs 20242024: £2.34M
Total Assets
-6.72%vs 20242024: £2.51M
Cash in Bank
-17.78%vs 20242024: £1.58M
Total Liabilities
-29.12%vs 20242024: £170.08K
Employees
+1vs 20242024: 14
In 2025, OILFIELD TESTING SERVICES LIMITED reported net assets of £2.22M. The same filing shows total assets of £2.34M, cash in bank of £1.30M and total liabilities of £120.55K. Reported headcount was 15 in 2025. Cash in Bank fell from £1.58M in 2024 to £1.30M in 2025 (-17.78%). Okredo holds filed figures for 2021–2025; 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
-5.09%from £2.34M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures OILFIELD TESTING SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-8.3%vs 2023-4.2% a year compound (CAGR)
Cash in Bank
-<0.1%vs 2023-<0.1% a year compound (CAGR)
Total Assets
-8.5%vs 2023-4.4% a year compound (CAGR)
Total Liabilities
-12.4%vs 2023-6.4% a year compound (CAGR)
Employees
-16.7%vs 2023-3Biggest decrease
Employees-16.7%
18 in 2023 to 15 in 2025
Every indicator Okredo holds for OILFIELD TESTING SERVICES LIMITED fell between 2023 and 2025. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from OILFIELD TESTING SERVICES LIMITED'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
- 94.85%2025
- Liabilities to total assets
- 5.15%2025
- Cash to liabilities
- 1,076.35%2025
- Cash to total assets
- 55.48%2025
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 OILFIELD TESTING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 2.66M | 2.47M | 2.42M | 2.34M | 2.22M |
| Total Assets£ | 3.64M | 3.43M | 2.56M | 2.51M | 2.34M |
| Cash in Bank£ | 1.27M | 1.01M | 1.30M | 1.58M | 1.30M |
| Total Liabilities£ | 268.36K | 296.70K | 137.67K | 170.08K | 120.55K |
| Employees | 16 | 24 | 18 | 14 | 15 |
OILFIELD TESTING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has OILFIELD TESTING SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for OILFIELD TESTING SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did OILFIELD TESTING SERVICES LIMITED report in 2025?
OILFIELD TESTING SERVICES LIMITED reported net assets of £2.22M for 2025. That compares with £2.34M in 2024, a change of -5.09%.
What total assets did OILFIELD TESTING SERVICES LIMITED report in 2025?
OILFIELD TESTING SERVICES LIMITED reported total assets of £2.34M for 2025. That compares with £2.51M in 2024, a change of -6.72%.
What cash in bank did OILFIELD TESTING SERVICES LIMITED report in 2025?
OILFIELD TESTING SERVICES LIMITED reported cash in bank of £1.30M for 2025. That compares with £1.58M in 2024, a change of -17.78%.
How many people does OILFIELD TESTING SERVICES LIMITED employ?
OILFIELD TESTING SERVICES LIMITED reported 15 employees in 2025, compared with 14 in 2024.
How have OILFIELD TESTING SERVICES LIMITED financials changed over the last 3 years?
Between 2023 and 2025, OILFIELD TESTING SERVICES LIMITED's net assets fell by 8.3%, cash in bank fell by <0.1%, total assets fell by 8.5% and total liabilities fell by 12.4%. Net assets contracted at 4.2% a year across the two years to 2025, from £2.42M to £2.22M. Reported headcount went from 18 in 2023 to 15 in 2025 (-3).
Which years of OILFIELD TESTING SERVICES LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.