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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

WELL ENGINEERING LTD.

🇬🇧United Kingdom•Private Limited Company (Ltd.)•Active

Summary

Country🇬🇧United Kingdom
StatusActive
Registration NumberSC275025
Founded21/10/2004
PurposeTechnical testing and analysis
Address'sonas' Letter Road, Lyne Of Skene, Skene, Aberdeenshire, AB32 7EP
Confirmation StatementNext due: 04/11/2026; Last made up: —

Legal & Status

Legal FormPrivate Limited Company (Ltd.)
StatusActive
Registration Date21/10/2004
Registry AuthorityCompanies House
Registered Capital—

Source: UK Companies House · Last updated: 02/12/2025

Timeline (9 events)

25/03/2026

Annual accounts filed

Micro-entity accounts

View file in Documents

31/12/2024

Annual accounts filed

Annual Accounts · Accounting year ending 31/12/2024

View file in Documents

21/10/2004

Company incorporated

Incorporation date: 2004-10-21

Network

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Network depth

Ownership & Management

Persons with significant control

Dorothy Holmes

25–50% shares

Appointed: 06/04/2016

37.5%
Alan Holmes

50–75% shares

Appointed: 06/04/2016

62.5%
Alan Holmes

50–75% shares · 50–75% voting rights

Appointed: 06/04/2016

62.5%
Dorothy Holmes

25–50% shares · 25–50% voting rights

Appointed: 06/04/2016

37.5%

Ownership Timeline (2 changes)

06/04/2016

Appointed Dorothy Holmes (person)

Person with significant control

06/04/2016

Appointed Alan Holmes (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

'sonas' Letter Road

Lyne Of Skene

Skene

Aberdeenshire

AB32 7EP

Financials

Key figures from annual accounts filings.

Convert to

2016

Total assets: £548.0K

Key figures

Total assets

2016£547,953
2017£491,923
2018£442,039
2019£383,117
2020£320,799
2021£259,645
2022£197,632
2023£197,632
2024£141,192

Net Assets Liabilities

2016—
2017£491,923
2018£442,039
2019£383,117
2020£320,799
2021£259,645
2022£197,632
2023—
2024—

Equity

2016—
2017£491,923
2018£442,039
2019£383,117
2020£320,799
2021£259,645
2022£197,632
2023£197,632
2024£141,192

Current Assets

2016£559,793
2017£519,758
2018£460,113
2019£397,566
2020£336,651
2021£272,819
2022£212,144
2023£212,144
2024£153,546

Net Current Assets Liabilities

2016£542,253
2017£488,262
2018£440,220
2019£381,786
2020£318,856
2021£258,188
2022£196,539
2023£196,539
2024£140,372

Total Assets Less Current Liabilities

2016£547,953
2017£491,923
2018£442,039
2019£383,117
2020£320,799
2021£259,645
2022£197,632
2023£197,632
2024£141,192

Creditors

2016—
2017£31,496
2018£19,893
2019£15,780
2020£17,795
2021£14,631
2022£15,605
2023£15,605
2024£13,174

Average Number Employees During Period

2016—
2017—
20182
20192
20202
20212
20222
20232
20242

Creditors Due Within One Year

2016£17,540
2017£31,496
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Fixed Assets

2016£5,700
2017£3,661
2018£1,819
2019£1,331
2020£1,943
2021£1,457
2022£1,093
2023£1,093
2024£820

Net Assets Liabilities Including Pension Asset Liability

2016£547,953
2017£491,923
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Shareholder Funds

2016£547,953
2017£491,923
2018—
2019—
2020—
2021—
2022—
2023—
2024—
Metric201620172018201920202021202220232024
Total assets£547,953£491,923£442,039£383,117£320,799£259,645£197,632£197,632£141,192
Net Assets Liabilities—£491,923£442,039£383,117£320,799£259,645£197,632——
Equity—£491,923£442,039£383,117£320,799£259,645£197,632£197,632£141,192
Current Assets£559,793£519,758£460,113£397,566£336,651£272,819£212,144£212,144£153,546
Net Current Assets Liabilities£542,253£488,262£440,220£381,786£318,856£258,188£196,539£196,539£140,372
Total Assets Less Current Liabilities£547,953£491,923£442,039£383,117£320,799£259,645£197,632£197,632£141,192
Creditors—£31,496£19,893£15,780£17,795£14,631£15,605£15,605£13,174
Average Number Employees During Period——2222222
Creditors Due Within One Year£17,540£31,496———————
Fixed Assets£5,700£3,661£1,819£1,331£1,943£1,457£1,093£1,093£820
Net Assets Liabilities Including Pension Asset Liability£547,953£491,923———————
Shareholder Funds£547,953£491,923———————

Documents

Micro-entity accounts

25/03/2026

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2024

Filed: 31/12/2024

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2023

Filed: 31/12/2023

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2022

Filed: 31/12/2022

View

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Annual Accounts

Accounts for the accounting period ending on: 31/12/2021

Filed: 31/12/2021

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2019

Filed: 31/12/2019

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2018

Filed: 31/12/2018

View

Annual Accounts

Accounts for the accounting period ending on: 31/12/2017

Filed: 31/12/2017

View

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Current ratio (2017)Current ratio
16.5×
Equity ratio (2024)Equity ratio
100%
YoY total assets (2023 vs 2024)YoY total assets
-28.6%
CAGR total assets (2016–2024)CAGR total assets
-15.6%
YoY net current assets (2023 vs 2024)YoY net current assets
-28.6%

Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Growth

YoY total assets (2016 vs 2017)
-10.2%
YoY net current assets (2016 vs 2017)
-10%
YoY total assets (2017 vs 2018)
-10.1%
YoY net current assets (2017 vs 2018)
-9.8%
YoY total assets (2018 vs 2019)
-13.3%
  1. –
  2. –
  3. –WELL ENGINEERING LTD.
YoY net current assets (2018 vs 2019)
-13.3%
YoY total assets (2019 vs 2020)
-16.3%
YoY net current assets (2019 vs 2020)
-16.5%
YoY total assets (2020 vs 2021)
-19.1%
YoY net current assets (2020 vs 2021)
-19%
YoY total assets (2021 vs 2022)
-23.9%
YoY net current assets (2021 vs 2022)
-23.9%
YoY total assets (2023 vs 2024)
-28.6%
YoY net current assets (2023 vs 2024)
-28.6%
CAGR total assets (2016–2024)
-15.6%

Working capital & liquidity

Current ratio (2016)
31.92×
Net current assets (2016)
£542,253
Current ratio (2017)
16.5×
Net current assets (2017)
£488,262
Net current assets (2018)
£440,220
Net current assets (2019)
£381,786
Net current assets (2020)
£318,856
Net current assets (2021)
£258,188
Net current assets (2022)
£196,539
Net current assets (2023)
£196,539
Net current assets (2024)
£140,372

Capital structure

Equity ratio (2017)
100%
Equity ratio (2018)
100%
Equity ratio (2019)
100%
Equity ratio (2020)
100%
Equity ratio (2021)
100%
Equity ratio (2022)
100%
Equity ratio (2023)
100%
Equity ratio (2024)
100%
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