Well-Safe Solutions Limited
Well-Safe Solutions Limited is an active company incorporated on 8 February 2017 with the registered office located in Aberdeen, City of Aberdeen. Well-Safe Solutions Limited was registered 8 years ago.
Status
Active
Active since incorporation
Company No
SC556936
Private limited company
Scottish Company
Age
8 years
Incorporated 8 February 2017
Size
Large
Turnover is over £54M
Balance sheet is over £27M
Over 250 employees
Confirmation
Submitted
Dated 7 February 2025 (7 months ago)
Next confirmation dated 7 February 2026
Due by 21 February 2026 (5 months remaining)
Last change occurred 6 months ago
Accounts
Submitted
For period 1 Apr ⟶ 31 Mar 2024 (1 year)
Accounts type is Group
Next accounts for period 31 March 2025
Due by 31 December 2025 (3 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Philip Stephen Milton and Mr Alasdair James Dougall Locke are mutual people.
Active
Philip Stephen Milton and Mr Alasdair James Dougall Locke are mutual people.
Active
Philip Stephen Milton and Mr Alasdair James Dougall Locke are mutual people.
Active
Philip Stephen Milton is a mutual person.
Active
Mr Alasdair James Dougall Locke is a mutual person.
Active
Mr Alasdair James Dougall Locke is a mutual person.
Active
Brands
Well-Safe Solutions provides a service for the decommissioning of on and offshore wells, utilizing marine and land-based assets.
Financials
Net Assets, Total Assets & Total Liabilities (2018–2024)
Period Ended
31 Mar 2024
For period 31 Mar ⟶ 31 Mar 2024
Traded for 12 months
Cash in Bank
£3.37M
Increased by £2.53M (+301%)
Turnover
£129.12M
Increased by £28.52M (+28%)
Employees
411
Increased by 113 (+38%)
Total Assets
£174.67M
Increased by £32.11M (+23%)
Total Liabilities
-£136.78M
Increased by £36.45M (+36%)
Net Assets
£37.89M
Decreased by £4.34M (-10%)
Debt Ratio (%)
78%
Increased by 7.93% (+11%)
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Repayment History
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