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WELLSITE CHEMISTRY SERVICES LIMITED Financials

Company number
SC195565Copy
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Registered office
Auchindryne Lodge, Braemar, Ballater, Aberdeenshire AB35 5WS
Incorporated
22/04/1999

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.35K2024
-83.46%vs 2023

2023: £8.17K

Total Assets

£14.40K2024
-61.23%vs 2023

2023: £37.14K

Cash in Bank

£5.18K2024
-70.05%vs 2023

2023: £17.31K

Total Liabilities

£13.05K2024
-54.95%vs 2023

2023: £28.97K

Employees

32024
0vs 2023

2023: 3

In 2024, WELLSITE CHEMISTRY SERVICES LIMITED reported net assets of £1.35K. The same filing shows total assets of £14.40K, cash in bank of £5.18K and total liabilities of £13.05K. Reported headcount was 3 in 2024. Total Assets fell from £37.14K in 2023 to £14.40K in 2024 (-61.23%). Okredo holds filed figures for 2021–2024; 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

£1.35K2024
-83.46%from £8.17K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures WELLSITE CHEMISTRY SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-5.48K2022£1.35K2024
Increasedvs 2022

Cash in Bank

£10.19K2022£5.18K2024
-49.1%vs 2022

-28.7% a year compound (CAGR)

Total Assets

£20.37K2022£14.40K2024
-29.3%vs 2022

-15.9% a year compound (CAGR)

Total Liabilities

£25.85K2022£13.05K2024
-49.5%vs 2022

-28.9% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest decrease

Total Liabilities-49.5%

£25.85K in 2022 to £13.05K in 2024

WELLSITE CHEMISTRY SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with cash in bank and total assets falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WELLSITE CHEMISTRY 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
9.39%2024

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
90.61%2024

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
39.72%2024

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
36.00%2024

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 WELLSITE CHEMISTRY SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£12.12K-5.48K8.17K1.35K
Total Assets£16.55K20.37K37.14K14.40K
Cash in Bank£10.86K10.19K17.31K5.18K
Total Liabilities£4.43K25.85K28.97K13.05K
Employees3333

WELLSITE CHEMISTRY SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has WELLSITE CHEMISTRY SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for WELLSITE CHEMISTRY SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did WELLSITE CHEMISTRY SERVICES LIMITED report in 2024?

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WELLSITE CHEMISTRY SERVICES LIMITED reported net assets of £1.35K for 2024. That compares with £8.17K in 2023, a change of -83.46%.

What total assets did WELLSITE CHEMISTRY SERVICES LIMITED report in 2024?

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WELLSITE CHEMISTRY SERVICES LIMITED reported total assets of £14.40K for 2024. That compares with £37.14K in 2023, a change of -61.23%.

What cash in bank did WELLSITE CHEMISTRY SERVICES LIMITED report in 2024?

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WELLSITE CHEMISTRY SERVICES LIMITED reported cash in bank of £5.18K for 2024. That compares with £17.31K in 2023, a change of -70.05%.

How many people does WELLSITE CHEMISTRY SERVICES LIMITED employ?

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WELLSITE CHEMISTRY SERVICES LIMITED reported 3 employees in 2024, compared with 3 in 2023.

How have WELLSITE CHEMISTRY SERVICES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, WELLSITE CHEMISTRY SERVICES LIMITED's cash in bank fell by 49.1%, total assets fell by 29.3%, total liabilities fell by 49.5% and employee numbers was unchanged. Cash in bank contracted at 28.7% a year across the two years to 2024, from £10.19K to £5.18K. Reported headcount went from 3 in 2022 to 3 in 2024.

Which years of WELLSITE CHEMISTRY SERVICES LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.