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P W Well Services Limited

04967550

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

77 FOSSE ROAD, NEWARK, NG24 3TL
Incorporated 18/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

06100
Extraction of crude petroleum

Officers

Mrs John Nicholas Palmer

director · Since 18/11/2003

DRILLING SUPERVISOR

BRITISH · ENGLAND · Age 65

Also on 14 other boards

Mrs Charlotte Louise Branch

director · Since 04/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 4 other boards

Mrs Ellen Francis Palmer

director · Since 04/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Persons with Significant Control

Servatec Holdings Limited

75–100% shares

77, Fosse Road, Newark, NG24 3TL

Reg: 12440044 · England And Wales · Limited Company

Notified 28/03/2023

Former PSCs

P W Well (Holdings) Limited

Ceased 28/03/2023

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/01/2012Registered 24/01/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/06/2006Registered 16/06/2006

CompanyRankvs 16+ SIC 06100 peers
72

Financial strength95th percentile among SIC peers · 24/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£242k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.0M

Current Liabilities

£466k

Fixed Assets

£2k

Debtors

£1.6M

1avg. employees

Balance Sheet

Assets less current liabilities£1.5M

EstimatesDerived

YearCurrent RatioImplied Profit
20254.20-£1.7M
20243.09+£1.2M
20231.65+£1.3M
20221.34+£218k
20211.27+£215k
20201.08-£1.1M
20191.71

Derived from filed accounts. Not audited figures.