Clearwell Energy Limited

Clearwell Energy Limited, based in Chandler’s Ford, Hants, UK, is a sizable company with an active status, having been incorporated fourteen years ago in November 05, 2010. The company holds £4,398,047 in assets and operates as a holding company, overseen by five directors and one owner. It's a regular importer and exporter, specializing in electrical machinery and equipment—importing for three months and exporting for eleven months, with the last activity recorded in August 01, 2024.

The company's website reveals a focus on flow assurance solutions for the energy industry, particularly through its patented electromagnetic scale control technology. ClearWELL targets oil, gas, geothermal, and renewable energy sectors, offering a chemical-free, non-intrusive method to prevent scale buildup in pipelines and equipment. The site details how the technology protects various components, reduces maintenance operations, and lowers environmental impact—a clear emphasis on value and sustainability.

Financially, Clearwell Energy Limited’s recent performance shows some interesting trends. While current assets increased by 33%, reaching £4,400,000, net assets surged by a remarkable 19%, hitting £4,800,000. Bank borrowings also rose significantly by 47%, reaching £4,200,000, and retained earnings decreased by 46%, dropping to £270,000. Creditors decreased by 18%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) and the lack of employee data (zero reported) suggest a streamlined operation. The accounts are unaudited, and Johnston Carmichael LLP is the auditor.

The company’s increased bank borrowings, while concerning, could indicate investments in expansion or new technologies—a common strategy for companies in the energy sector. The decrease in retained earnings, however, suggests tighter profit margins or increased operational costs. Overall, Clearwell Energy Limited appears to be a financially stable company, though it’s important to monitor its borrowing levels and profitability in the coming years.

Registered in England/Wales under the registration number 07430686, with a registered address at SO53 4BZ, England, Hants, Msl Oilfield Services Ltd, B8 Millbrook Close, Chandler's Ford.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.