Well-sense Technology Uk Limited

Well-Sense Technology Uk Limited, based in Aberdeen, UK, is a large, holding company with an active status. Founded six years ago in March 08, 2019, the company employs ten people and holds £625,889 in assets. Operating from a virtual address, it’s managed by three directors and one owner. The company regularly imports and exports optical and medical tools and devices, with 9 months of import activity and 26 months of export activity recorded.

Well-Sense Technology is focused on providing a cost-effective, reliable, and revolutionary method of well intervention for the global oil and gas industry. Its core technology, FiberLine Intervention (FLI), uses bare fibre optic well surveillance to provide temperature, acoustic, and pressure data, offering significant cost and efficiency benefits. The company’s website highlights FLI's speed, portability, and ability to provide rich data, targeting operators seeking improved well intelligence. The company even has a showroom in Harrods, London.

Financially, Well-Sense Technology Uk Limited’s recent performance shows mixed signals. Current assets have significantly decreased by 65%, dropping to £630,000, while net assets have plummeted 740%, reaching £620,000. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves fell 29% to £330,000. Creditors decreased by 62%, suggesting better debt management. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) helps it stay agile, but the sharp equity drop raises questions. The accounts are unaudited, relying on director-reported data.

The company operates in the other business support service activities n.e.c. industries. The company is audited by Johnston Carmichael LLP.

Registered in Scotland under the registration number SC623755, with a registered address at AB10 1DQ, Scotland, Aberdeen, 2 Marischal Square, Broad Street.

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