WELLGEAR LIMITEDActive
Key figures
Ratios
2025Balance sheet structure
Filed accounts2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Turnover | — | 35,436,066 | 14,477,751 |
| Profit for the year | 739,949 | 2,004,956 | -897,873 |
| Cash at bank and in hand | 557,532 | 1,078,076 | 46,819 |
| Total assets | — | — | — |
| Total liabilities | 12,873,324 | — | — |
| Net assets / total equity | 7,593,226 | 9,598,182 | 8,700,309 |
| Average number of employees | 79 | 84 | 82 |
| Average pay (per year) | 57,460 | — | — |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2025The principal activity of the company continued to be that of oil and gas engineering, plug and abandonment of wells, rental and snubbing services.
As described in the company's latest filed accounts.
Summary: WELLGEAR LIMITED
Company
WELLGEAR LIMITED is a private limited company registered with Companies House under company number 09646403. It was incorporated on 18 Jun 2015. Its status is active. The registered office is in London (EC3V). Its nature of business (SIC 2007) is support activities for petroleum and natural gas extraction (09100).
Accounts
The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Turnover was £14,477,751. Loss for the year was £897,873. Net assets were £8,700,309, down 9.4% on the previous year. Cash at bank and in hand was £46,819. The company had an average of 82 employees. Figures are available for 3 financial years (2023–2025).
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 2 Jul 2027.