unity well integrity europe limited
unity well integrity europe limited Company Information
Company Number
02977551
Next Accounts
Sep 2025
Shareholders
unity well integrity uk limited
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
bessemer way bessemer way, great yarmouth, norfolk, NR31 0LX
Website
http://simmonsedeco.comunity well integrity europe limited Estimated Valuation
Pomanda estimates the enterprise value of UNITY WELL INTEGRITY EUROPE LIMITED at £3.1m based on a Turnover of £5.4m and 0.56x industry multiple (adjusted for size and gross margin).
unity well integrity europe limited Estimated Valuation
Pomanda estimates the enterprise value of UNITY WELL INTEGRITY EUROPE LIMITED at £3.1m based on an EBITDA of £775.2k and a 4.04x industry multiple (adjusted for size and gross margin).
unity well integrity europe limited Estimated Valuation
Pomanda estimates the enterprise value of UNITY WELL INTEGRITY EUROPE LIMITED at £10m based on Net Assets of £4.3m and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Unity Well Integrity Europe Limited Overview
Unity Well Integrity Europe Limited is a live company located in norfolk, NR31 0LX with a Companies House number of 02977551. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in October 1994, it's largest shareholder is unity well integrity uk limited with a 100% stake. Unity Well Integrity Europe Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.4m with declining growth in recent years.
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Unity Well Integrity Europe Limited Health Check
Pomanda's financial health check has awarded Unity Well Integrity Europe Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £5.4m, make it larger than the average company (£2.9m)
£5.4m - Unity Well Integrity Europe Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (7.2%)
-12% - Unity Well Integrity Europe Limited
7.2% - Industry AVG
Production
with a gross margin of 28.9%, this company has a higher cost of product (45%)
28.9% - Unity Well Integrity Europe Limited
45% - Industry AVG
Profitability
an operating margin of 11% make it more profitable than the average company (5.6%)
11% - Unity Well Integrity Europe Limited
5.6% - Industry AVG
Employees
with 33 employees, this is above the industry average (23)
33 - Unity Well Integrity Europe Limited
23 - Industry AVG
Pay Structure
on an average salary of £53.5k, the company has an equivalent pay structure (£53.5k)
- Unity Well Integrity Europe Limited
£53.5k - Industry AVG
Efficiency
resulting in sales per employee of £165.1k, this is more efficient (£126.3k)
£165.1k - Unity Well Integrity Europe Limited
£126.3k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (56 days)
55 days - Unity Well Integrity Europe Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (31 days)
17 days - Unity Well Integrity Europe Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 76 days, this is more than average (30 days)
76 days - Unity Well Integrity Europe Limited
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (25 weeks)
74 weeks - Unity Well Integrity Europe Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.7%, this is a lower level of debt than the average (53.2%)
12.7% - Unity Well Integrity Europe Limited
53.2% - Industry AVG
UNITY WELL INTEGRITY EUROPE LIMITED financials
Unity Well Integrity Europe Limited's latest turnover from December 2023 is £5.4 million and the company has net assets of £4.3 million. According to their latest financial statements, Unity Well Integrity Europe Limited has 33 employees and maintains cash reserves of £907.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,448,721 | 5,833,652 | 5,760,159 | 8,133,112 | 10,394,465 | 8,094,912 | 6,285,425 | 5,295,896 | 6,153,605 | 6,628,286 | 6,271,827 | 8,884,074 | 13,309,168 | 8,618,276 | 8,997,034 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 3,874,416 | 3,869,508 | 3,548,970 | 5,203,368 | 7,403,428 | 5,583,545 | 3,866,671 | 3,074,617 | 3,872,512 | 4,087,266 | 3,743,174 | 7,753,372 | 11,829,620 | 7,772,580 | 7,918,065 |
| Gross Profit | 1,574,305 | 1,964,144 | 2,211,189 | 2,929,744 | 2,991,037 | 2,511,367 | 2,418,754 | 2,221,279 | 2,281,093 | 2,541,020 | 2,528,653 | 1,130,702 | 1,479,548 | 845,696 | 1,078,969 |
| Admin Expenses | 975,132 | 1,196,314 | 1,884,787 | 1,983,833 | 2,234,976 | 2,461,198 | 2,656,286 | 1,953,440 | 2,556,900 | 2,805,659 | 2,616,843 | 1,864,948 | 956,578 | 874,291 | 870,720 |
| Operating Profit | 599,173 | 767,830 | 326,402 | 945,911 | 756,061 | 50,169 | -237,532 | 267,839 | -275,807 | -264,639 | -88,190 | -734,246 | 522,970 | -28,595 | 208,249 |
| Interest Payable | 50 | 578 | 1,921 | 4,930 | 2,626 | 32,205 | 21,614 | 21,638 | 2,202 | 5,388 | 40,420 | 27,395 | 18,153 | 18,694 | 19,771 |
| Interest Receivable | 2,374 | 4 | 4 | 4 | 1 | 757 | 178 | 1,178 | |||||||
| Pre-Tax Profit | 599,123 | 767,252 | 324,481 | 940,981 | 753,435 | 17,964 | -259,146 | 248,575 | -278,005 | -270,023 | -128,606 | -761,640 | 505,574 | -47,111 | 189,656 |
| Tax | -41,538 | 18,483 | 32,959 | -50,718 | -724 | -475 | 121,570 | -119,603 | 23,146 | -36,628 | |||||
| Profit After Tax | 557,585 | 785,735 | 357,440 | 890,263 | 752,711 | 17,964 | -259,621 | 248,575 | -278,005 | -270,023 | -128,606 | -640,070 | 385,971 | -23,965 | 153,028 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 557,585 | 785,735 | 357,440 | 890,263 | 752,711 | 17,964 | -259,621 | 248,575 | -278,005 | -270,023 | -128,606 | -640,070 | 385,971 | -23,965 | 153,028 |
| Employee Costs | 3,724,465 | 3,530,858 | 3,407,462 | 2,923,221 | 3,314,658 | 3,653,688 | 3,931,560 | 4,537,876 | 5,158,340 | 4,146,017 | 4,207,172 | ||||
| Number Of Employees | 33 | 36 | 38 | 48 | 68 | 58 | 67 | 62 | 81 | 82 | 86 | 100 | 111 | 94 | 97 |
| EBITDA* | 775,158 | 947,327 | 534,388 | 1,178,251 | 994,924 | 384,989 | 3,663 | 466,551 | -130,541 | -147,765 | 454,693 | 97,265 | 1,350,758 | 677,206 | 903,168 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 228,653 | 374,036 | 489,048 | 738,436 | 928,714 | 901,724 | 1,953,935 | 1,409,788 | 594,272 | 610,870 | 1,908,375 | 2,206,618 | 2,263,771 | 1,568,498 | 2,215,491 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 228,653 | 374,036 | 489,048 | 738,436 | 928,714 | 901,724 | 1,953,935 | 1,409,788 | 594,272 | 610,870 | 1,908,375 | 2,206,618 | 2,263,771 | 1,568,498 | 2,215,491 |
| Stock & work in progress | 810,155 | 730,414 | 920,789 | 820,289 | 1,028,009 | 1,404,745 | 405,181 | 262,104 | 342,491 | 546,852 | 331,164 | 481,472 | 578,166 | 271,384 | 207,932 |
| Trade Debtors | 833,867 | 700,491 | 564,376 | 1,153,849 | 1,626,573 | 1,058,584 | 1,315,884 | 725,125 | 895,037 | 926,311 | 1,528,501 | 1,292,554 | 2,629,493 | 1,223,636 | 1,474,222 |
| Group Debtors | 1,836,250 | 1,355,538 | 654,057 | 4,026 | 37,202 | ||||||||||
| Misc Debtors | 359,318 | 454,177 | 525,902 | 383,948 | 649,231 | 716,052 | 262,818 | 111,604 | 230,547 | 259,046 | 268,960 | 261,647 | 501,771 | 179,507 | 335,518 |
| Cash | 907,419 | 942,994 | 817,873 | 1,231,765 | 712,941 | 182,653 | 51,754 | 304,270 | 237,072 | 275,977 | 249,062 | 112,913 | 147,476 | 585,871 | 226,244 |
| misc current assets | |||||||||||||||
| total current assets | 4,747,009 | 4,183,614 | 3,482,997 | 3,593,877 | 4,053,956 | 3,362,034 | 2,035,637 | 1,403,103 | 1,705,147 | 2,008,186 | 2,377,687 | 2,148,586 | 3,856,906 | 2,260,398 | 2,243,916 |
| total assets | 4,975,662 | 4,557,650 | 3,972,045 | 4,332,313 | 4,982,670 | 4,263,758 | 3,989,572 | 2,812,891 | 2,299,419 | 2,619,056 | 4,286,062 | 4,355,204 | 6,120,677 | 3,828,896 | 4,459,407 |
| Bank overdraft | 411,494 | 29,351 | 28,697 | 32,953 | |||||||||||
| Bank loan | 28,579 | 53,571 | 32,512 | 31,711 | 30,929 | 30,166 | |||||||||
| Trade Creditors | 185,984 | 241,970 | 297,370 | 118,288 | 572,120 | 887,810 | 882,371 | 247,001 | 364,570 | 353,905 | 648,273 | 826,557 | 988,635 | 558,861 | 696,310 |
| Group/Directors Accounts | 14,363 | 109,635 | 42,260 | 876,072 | 2,223,564 | 1,813,218 | 834,626 | 379,384 | 537,271 | 379,624 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 8,607 | 14,019 | 13,058 | ||||||||||||
| other current liabilities | 430,438 | 356,416 | 581,210 | 488,973 | 380,008 | 485,402 | 172,122 | 187,467 | 251,864 | 430,104 | 614,447 | 778,837 | 1,254,157 | 561,857 | 528,884 |
| total current liabilities | 630,785 | 708,021 | 929,447 | 1,497,352 | 3,188,750 | 3,186,430 | 2,329,192 | 867,423 | 1,186,217 | 1,195,344 | 1,293,649 | 1,635,560 | 2,272,143 | 1,149,415 | 1,258,147 |
| loans | 595,031 | 621,993 | 38,302 | 70,807 | 1,369,485 | 968,110 | 1,456,930 | 673,848 | 1,171,662 | ||||||
| hp & lease commitments | 8,649 | 22,730 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 18,483 | 51,442 | 724 | ||||||||||||
| total long term liabilities | 18,483 | 60,091 | 23,454 | 595,031 | 621,993 | 38,302 | 70,807 | 1,369,485 | 968,110 | 1,456,930 | 673,848 | 1,171,662 | |||
| total liabilities | 630,785 | 708,021 | 947,930 | 1,557,443 | 3,212,204 | 3,186,430 | 2,924,223 | 1,489,416 | 1,224,519 | 1,266,151 | 2,663,134 | 2,603,670 | 3,729,073 | 1,823,263 | 2,429,809 |
| net assets | 4,344,877 | 3,849,629 | 3,024,115 | 2,774,870 | 1,770,466 | 1,077,328 | 1,065,349 | 1,323,475 | 1,074,900 | 1,352,905 | 1,622,928 | 1,751,534 | 2,391,604 | 2,005,633 | 2,029,598 |
| total shareholders funds | 4,344,877 | 3,849,629 | 3,024,115 | 2,774,870 | 1,770,466 | 1,077,328 | 1,065,349 | 1,323,475 | 1,074,900 | 1,352,905 | 1,622,928 | 1,751,534 | 2,391,604 | 2,005,633 | 2,029,598 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 599,173 | 767,830 | 326,402 | 945,911 | 756,061 | 50,169 | -237,532 | 267,839 | -275,807 | -264,639 | -88,190 | -734,246 | 522,970 | -28,595 | 208,249 |
| Depreciation | 175,985 | 179,497 | 207,986 | 232,340 | 238,863 | 334,820 | 241,195 | 198,712 | 145,266 | 116,874 | 542,883 | 831,511 | 827,788 | 705,801 | 694,919 |
| Amortisation | |||||||||||||||
| Tax | -41,538 | 18,483 | 32,959 | -50,718 | -724 | -475 | 121,570 | -119,603 | 23,146 | -36,628 | |||||
| Stock | 79,741 | -190,375 | 100,500 | -207,720 | -376,736 | 999,564 | 143,077 | -80,387 | -204,361 | 215,688 | -150,308 | -96,694 | 306,782 | 63,452 | 207,932 |
| Debtors | 519,229 | 765,871 | 202,512 | -771,183 | 538,370 | 195,934 | 741,973 | -288,855 | -59,773 | -612,104 | 243,260 | -1,577,063 | 1,728,121 | -406,597 | 1,809,740 |
| Creditors | -55,986 | -55,400 | 179,082 | -453,832 | -315,690 | 5,439 | 635,370 | -117,569 | 10,665 | -294,368 | -178,284 | -162,078 | 429,774 | -137,449 | 696,310 |
| Accruals and Deferred Income | 74,022 | -224,794 | 92,237 | 108,965 | -105,394 | 313,280 | -15,345 | -64,397 | -178,240 | -184,343 | -164,390 | -475,320 | 692,300 | 32,973 | 528,884 |
| Deferred Taxes & Provisions | -18,483 | -32,959 | 50,718 | 724 | |||||||||||
| Cash flow from operations | 152,686 | 91,637 | 502,695 | 1,812,287 | 412,206 | -491,790 | -261,837 | 653,827 | -33,982 | -230,060 | 19,067 | 1,255,194 | 318,326 | 939,021 | 74,062 |
| Investing Activities | |||||||||||||||
| capital expenditure | -973,051 | -86,156 | 1,185,787 | -244,640 | -769,979 | -1,519,113 | -55,758 | -77,623 | |||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -973,051 | -86,156 | 1,185,787 | -244,640 | -769,979 | -1,519,113 | -55,758 | -77,623 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | -28,579 | -24,992 | 21,059 | 801 | 782 | 763 | 30,166 | ||||||||
| Group/Directors Accounts | -95,272 | 67,375 | -833,812 | -1,347,492 | 410,346 | 978,592 | 455,242 | -157,887 | 157,647 | 379,624 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -595,031 | -26,962 | 583,691 | -32,505 | -1,298,678 | 401,375 | -488,820 | 783,082 | -497,814 | 1,171,662 | |||||
| Hire Purchase and Lease Commitments | -8,607 | -14,061 | -13,120 | 35,788 | |||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -50 | -578 | -1,921 | -4,930 | -2,626 | -32,205 | -21,614 | -19,264 | -2,198 | -5,384 | -40,416 | -27,394 | -17,396 | -18,516 | -18,593 |
| cash flow from financing | -157,659 | 97,969 | -957,989 | -1,251,401 | 383,935 | 316,792 | 383,169 | 427,599 | 123,745 | -923,656 | 361,722 | -486,048 | 765,686 | -516,330 | 3,029,639 |
| cash and cash equivalents | |||||||||||||||
| cash | -35,575 | 125,121 | -413,892 | 518,824 | 530,288 | 130,899 | -252,516 | 67,198 | -38,905 | 26,915 | 136,149 | -34,563 | -438,395 | 359,627 | 226,244 |
| overdraft | -411,494 | 411,494 | -29,351 | 654 | -4,256 | 32,953 | |||||||||
| change in cash | -35,575 | 125,121 | -413,892 | 518,824 | 530,288 | 542,393 | -664,010 | 67,198 | -38,905 | 26,915 | 136,149 | -5,212 | -439,049 | 363,883 | 193,291 |
unity well integrity europe limited Credit Report and Business Information
Unity Well Integrity Europe Limited Competitor Analysis
Perform a competitor analysis for unity well integrity europe limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in NR31 area or any other competitors across 12 key performance metrics.
unity well integrity europe limited Ownership
UNITY WELL INTEGRITY EUROPE LIMITED group structure
Unity Well Integrity Europe Limited has no subsidiary companies.
Ultimate parent company
2 parents
UNITY WELL INTEGRITY EUROPE LIMITED
02977551
unity well integrity europe limited directors
Unity Well Integrity Europe Limited currently has 2 directors. The longest serving directors include Mr Gary Smart (Nov 2018) and Mr Craig Morrice (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Smart | Scotland | 54 years | Nov 2018 | - | Director |
| Mr Craig Morrice | United Kingdom | 34 years | Feb 2019 | - | Director |
P&L
December 2023turnover
5.4m
-7%
operating profit
599.2k
-22%
gross margin
28.9%
-14.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.3m
+0.13%
total assets
5m
+0.09%
cash
907.4k
-0.04%
net assets
Total assets minus all liabilities
unity well integrity europe limited company details
company number
02977551
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
October 1994
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
simmons edeco europe limited (December 2018)
edeco petroleum services limited (June 2012)
accountant
-
auditor
JOHNSTON CARMICHAEL LLP
address
bessemer way bessemer way, great yarmouth, norfolk, NR31 0LX
Bank
HSBC BANK PLC
Legal Advisor
-
unity well integrity europe limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 13 charges/mortgages relating to unity well integrity europe limited. Currently there are 2 open charges and 11 have been satisfied in the past.
unity well integrity europe limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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unity well integrity europe limited Companies House Filings - See Documents
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