WELLSITE CHEMISTRY SERVICES LIMITED Financials
- Company number
- SC195565Copy
Copy
- 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
2023: £8.17K
Total Assets
2023: £37.14K
Cash in Bank
2023: £17.31K
Total Liabilities
2023: £28.97K
Employees
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
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
Cash in Bank
-28.7% a year compound (CAGR)
Total Assets
-15.9% a year compound (CAGR)
Total Liabilities
-28.9% a year compound (CAGR)
Employees
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
- Liabilities to total assets
- 90.61%2024
- Cash to liabilities
- 39.72%2024
- Cash to total assets
- 36.00%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.
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 WELLSITE CHEMISTRY SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 12.12K | -5.48K | 8.17K | 1.35K |
| Total Assets£ | 16.55K | 20.37K | 37.14K | 14.40K |
| Cash in Bank£ | 10.86K | 10.19K | 17.31K | 5.18K |
| Total Liabilities£ | 4.43K | 25.85K | 28.97K | 13.05K |
| Employees | 3 | 3 | 3 | 3 |
WELLSITE CHEMISTRY SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has WELLSITE CHEMISTRY SERVICES LIMITED filed financial statements?
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?
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?
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?
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?
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?
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?
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.