WELLTHERM DRILLING LTD

Dissolved Newcastle Upon Tyne

Test drilling and boring

16 employees website.com
Test drilling and boring
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WELLTHERM DRILLING LTD

Test drilling and boring

Founded 26 Nov 2012 Dissolved Newcastle Upon Tyne, United Kingdom 16 employees website.com
Test drilling and boring
Accounts Due 31 Oct 2025 7 months overdue
Confirmation
Net assets £296K £191K 2023 year on year
Total assets £1M £159K 2023 year on year
Total Liabilities £755K £350K 2023 year on year
Charges 2
2 outstanding

Contact & Details

Contact

Registered Address

C/O Interpath Ltd 60 Grey Street Newcastle Upon Tyne NE1 6AH

Website

www.example.com

Full company profile for WELLTHERM DRILLING LTD (08307966), a dissolved company based in Newcastle Upon Tyne, United Kingdom. Incorporated 26 Nov 2012. Test drilling and boring. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Balance Sheet & P&L (2014–2023)

Cash in Bank

£19.25k

Decreased by £137.56k (-88%)

Net Assets

£296.03k

Decreased by £191.17k (-39%)

Total Liabilities

£755.13k

Increased by £349.98k (+86%)

Turnover

£1.82M

Employees

16

Increased by 2 (+14%)

Debt Ratio

72%

Increased by 27 (+60%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

1 active 2 resigned
Status
Alex BrownDirectorBritishEngland6414 Jun 2022Active

Shareholders

Shareholders (1)

Cenergist Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Cenergist Limited

United Kingdom

Active
Notified 20 Sept 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Welltherm Holdings Ltd

Ceased 20 Sept 2021

Ceased

Group Structure

Group Structure

CENERGIST LIMITED united kingdom
WELLTHERM DRILLING LTD Current Company

Charges

Charges

2 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
6 Mar 2026InsolvencyLiquidation In Administration Progress Report
25 Feb 2026OfficersTermination of James Lamb as director on 23 Feb 2026
3 Oct 2025InsolvencyLiquidation Administration Notice Deemed Approval Of Proposals
19 Sept 2025InsolvencyLiquidation In Administration Proposals
21 Aug 2025InsolvencyLiquidation In Administration Statement Of Affairs With Form Attached
6 Mar 2026 Insolvency

Liquidation In Administration Progress Report

25 Feb 2026 Officers

Termination of James Lamb as director on 23 Feb 2026

3 Oct 2025 Insolvency

Liquidation Administration Notice Deemed Approval Of Proposals

19 Sept 2025 Insolvency

Liquidation In Administration Proposals

21 Aug 2025 Insolvency

Liquidation In Administration Statement Of Affairs With Form Attached

Recent Activity

Latest Activity

Liquidation In Administration Progress Report

1 months ago on 6 Mar 2026

Termination of James Lamb as director on 23 Feb 2026

2 months ago on 25 Feb 2026

Liquidation Administration Notice Deemed Approval Of Proposals

6 months ago on 3 Oct 2025

Liquidation In Administration Proposals

7 months ago on 19 Sept 2025

Liquidation In Administration Statement Of Affairs With Form Attached

8 months ago on 21 Aug 2025