stena evolution drilling limited Company Information
Company Number
14550061
Next Accounts
Sep 2025
Shareholders
stena drilling (holdings) limited
Group Structure
View All
Industry
Support activities for petroleum and natural gas extraction
Registered Address
6 arlington street, london, SW1A 1RE
Website
-stena evolution drilling limited Estimated Valuation
Pomanda estimates the enterprise value of STENA EVOLUTION DRILLING LIMITED at £0 based on a Turnover of £0 and 0.71x industry multiple (adjusted for size and gross margin).
stena evolution drilling limited Estimated Valuation
Pomanda estimates the enterprise value of STENA EVOLUTION DRILLING LIMITED at £0 based on an EBITDA of £0 and a 2.34x industry multiple (adjusted for size and gross margin).
stena evolution drilling limited Estimated Valuation
Pomanda estimates the enterprise value of STENA EVOLUTION DRILLING LIMITED at £19.7k based on Net Assets of £14.1k and 1.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Stena Evolution Drilling Limited Overview
Stena Evolution Drilling Limited is a live company located in london, SW1A 1RE with a Companies House number of 14550061. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in December 2022, it's largest shareholder is stena drilling (holdings) limited with a 100% stake. Stena Evolution Drilling Limited is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Stena Evolution Drilling Limited Health Check
Pomanda's financial health check has awarded Stena Evolution Drilling Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs


1 Strong

0 Regular

2 Weak

Size
There is insufficient data available for this Key Performance Indicator!
- - Stena Evolution Drilling Limited
- - Industry AVG

Growth
There is insufficient data available for this Key Performance Indicator!
- Stena Evolution Drilling Limited
- - Industry AVG

Production
There is insufficient data available for this Key Performance Indicator!
- - Stena Evolution Drilling Limited
- - Industry AVG

Profitability
There is insufficient data available for this Key Performance Indicator!
- - Stena Evolution Drilling Limited
- - Industry AVG

Employees
with 1 employees, this is below the industry average (40)
- Stena Evolution Drilling Limited
- - Industry AVG

Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Stena Evolution Drilling Limited
- - Industry AVG

Efficiency
There is insufficient data available for this Key Performance Indicator!
- Stena Evolution Drilling Limited
- - Industry AVG

Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Stena Evolution Drilling Limited
- - Industry AVG

Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Stena Evolution Drilling Limited
- - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Stena Evolution Drilling Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 85 weeks, this is more cash available to meet short term requirements (6 weeks)
- - Stena Evolution Drilling Limited
- - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (55.2%)
- - Stena Evolution Drilling Limited
- - Industry AVG
STENA EVOLUTION DRILLING LIMITED financials

Stena Evolution Drilling Limited's latest turnover from December 2023 is 0 and the company has net assets of £14.1 thousand. According to their latest financial statements, we estimate that Stena Evolution Drilling Limited has 1 employee and maintains cash reserves of £18 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | |
---|---|
Turnover | |
Other Income Or Grants | |
Cost Of Sales | |
Gross Profit | |
Admin Expenses | |
Operating Profit | |
Interest Payable | 5,498 |
Interest Receivable | 24,348 |
Pre-Tax Profit | 18,850 |
Tax | -4,713 |
Profit After Tax | 14,138 |
Dividends Paid | |
Retained Profit | 14,138 |
Employee Costs | |
Number Of Employees | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | |
---|---|
Tangible Assets | |
Intangible Assets | |
Investments & Other | |
Debtors (Due After 1 year) | 65,044,769 |
Total Fixed Assets | 65,044,769 |
Stock & work in progress | |
Trade Debtors | 1,688,658 |
Group Debtors | 51,052 |
Misc Debtors | 12,551,052 |
Cash | 18,006,598 |
misc current assets | |
total current assets | 32,297,361 |
total assets | 97,342,130 |
Bank overdraft | |
Bank loan | |
Trade Creditors | |
Group/Directors Accounts | |
other short term finances | |
hp & lease commitments | |
other current liabilities | 10,949,575 |
total current liabilities | 10,949,576 |
loans | |
hp & lease commitments | |
Accruals and Deferred Income | 86,378,416 |
other liabilities | |
provisions | |
total long term liabilities | 86,378,417 |
total liabilities | 97,327,992 |
net assets | 14,138 |
total shareholders funds | 14,138 |
Dec 2023 | |
---|---|
Operating Activities | |
Operating Profit | |
Depreciation | |
Amortisation | |
Tax | -4,713 |
Stock | |
Debtors | 79,335,532 |
Creditors | |
Accruals and Deferred Income | 97,327,991 |
Deferred Taxes & Provisions | |
Cash flow from operations | 17,987,746 |
Investing Activities | |
capital expenditure | |
Change in Investments | |
cash flow from investments | |
Financing Activities | |
Bank loans | |
Group/Directors Accounts | |
Other Short Term Loans | |
Long term loans | |
Hire Purchase and Lease Commitments | |
other long term liabilities | |
share issue | |
interest | 18,850 |
cash flow from financing | 18,850 |
cash and cash equivalents | |
cash | 18,006,598 |
overdraft | |
change in cash | 18,006,598 |
stena evolution drilling limited Credit Report and Business Information
Stena Evolution Drilling Limited Competitor Analysis

Perform a competitor analysis for stena evolution drilling limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other startup companies, companies in SW1A area or any other competitors across 12 key performance metrics.
stena evolution drilling limited Ownership
STENA EVOLUTION DRILLING LIMITED group structure
Stena Evolution Drilling Limited has no subsidiary companies.
Ultimate parent company
STENA AB
#0005521
2 parents
STENA EVOLUTION DRILLING LIMITED
14550061
stena evolution drilling limited directors
Stena Evolution Drilling Limited currently has 2 directors. The longest serving directors include Mr Erik Ronsberg (Dec 2022) and Mr Stuart Wyness (Dec 2022).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Erik Ronsberg | United Kingdom | 52 years | Dec 2022 | - | Director |
Mr Stuart Wyness | England | 53 years | Dec 2022 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
14.1k
0%
total assets
97.3m
0%
cash
18m
0%
net assets
Total assets minus all liabilities
Similar Companies
stena evolution drilling limited company details
company number
14550061
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
December 2022
age
3
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
6 arlington street, london, SW1A 1RE
Bank
-
Legal Advisor
-
stena evolution drilling 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 2 charges/mortgages relating to stena evolution drilling limited. Currently there are 2 open charges and 0 have been satisfied in the past.
stena evolution drilling 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.
Click to start generating capital raising & share issue transactions for STENA EVOLUTION DRILLING LIMITED. This can take several minutes, an email will notify you when this has completed.
stena evolution drilling limited Companies House Filings - See Documents
date | description | view/download |
---|