P W Well Test Limited

Pw Well Test Ltd, based in Newark, UK, is a small holding company with an active status, having been founded ten years ago in 2014. The company employs just one person and holds £344,250 in assets. It’s managed by two directors and owned by three individuals, though the list of owners changed two years ago. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of imports recorded as far back as August 2019.

Pw Well Test Ltd operates in the support activities for petroleum and natural gas extraction industries. Its website highlights its expertise in well testing, flowback, and production services, offering equipment provision, production support, and petroleum engineering services. It also provides services like well integrity, completions, and workover. The company positions itself as an international service provider, serving clients across the UK, Europe, and international sectors. The website also has a news section with a brochure and information about a clean-up operation and a well test award.

Financially, Pw Well Test Ltd has experienced some significant shifts. Cash bank on hand has decreased by 73% to £130,000, while current assets have fallen by 55% to £340,000. Net assets have also declined by 57% to £260,000. Creditors have decreased by 32%, suggesting better debt management, but trade debtors have plummeted by 86% to £11,000. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s net deferred tax liability asset has increased dramatically by 1400% to £190,000. As a small company, it is exempt from an audit, so the financial information is unaudited. The company's financial statements were authorised for issue on April 25, 2025.

Registered in England/Wales under the registration number 09145204, with a registered address at NG24 3TL, England, Newark, 77 Fosse Road, Farndon.

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