peak well systems limited
peak well systems limited Company Information
Company Number
SC337516
Website
www.peakwellsystems.comRegistered Address
1, enterprise drive, westhill indus, aberdeen, aberdeenshire, scotland, AB32 6TQ
Industry
Support activities for petroleum and natural gas extraction
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
schlumberger oilfield uk limited 100%
peak well systems limited Estimated Valuation
Pomanda estimates the enterprise value of PEAK WELL SYSTEMS LIMITED at £4.2m based on a Turnover of £3.9m and 1.1x industry multiple (adjusted for size and gross margin).
peak well systems limited Estimated Valuation
Pomanda estimates the enterprise value of PEAK WELL SYSTEMS LIMITED at £0 based on an EBITDA of £-1.9m and a 5.05x industry multiple (adjusted for size and gross margin).
peak well systems limited Estimated Valuation
Pomanda estimates the enterprise value of PEAK WELL SYSTEMS LIMITED at £0 based on Net Assets of £-7.9m and 1.87x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Peak Well Systems Limited Overview
Peak Well Systems Limited is a live company located in aberdeen, aberdeenshire, AB32 6TQ with a Companies House number of SC337516. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in February 2008, it's largest shareholder is schlumberger oilfield uk limited with a 100% stake. Peak Well Systems Limited is a established, small sized company, Pomanda has estimated its turnover at £3.9m with healthy growth in recent years.
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Peak Well Systems Limited Health Check
Pomanda's financial health check has awarded Peak Well Systems Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 8 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
8 Weak
Size
annual sales of £3.9m, make it smaller than the average company (£14m)
£3.9m - Peak Well Systems Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (-2.3%)
5% - Peak Well Systems Limited
-2.3% - Industry AVG
Production
with a gross margin of 51.2%, this company has a lower cost of product (19.7%)
51.2% - Peak Well Systems Limited
19.7% - Industry AVG
Profitability
an operating margin of -56.5% make it less profitable than the average company (6%)
-56.5% - Peak Well Systems Limited
6% - Industry AVG
Employees
with 21 employees, this is below the industry average (42)
21 - Peak Well Systems Limited
42 - Industry AVG
Pay Structure
on an average salary of £101.3k, the company has a higher pay structure (£73.3k)
£101.3k - Peak Well Systems Limited
£73.3k - Industry AVG
Efficiency
resulting in sales per employee of £184.3k, this is less efficient (£219.5k)
£184.3k - Peak Well Systems Limited
£219.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (51 days)
2 days - Peak Well Systems Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (24 days)
42 days - Peak Well Systems Limited
24 days - Industry AVG
Stock Days
it holds stock equivalent to 111 days, this is more than average (27 days)
111 days - Peak Well Systems Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (7 weeks)
3 weeks - Peak Well Systems Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 140.8%, this is a higher level of debt than the average (58.3%)
140.8% - Peak Well Systems Limited
58.3% - Industry AVG
PEAK WELL SYSTEMS LIMITED financials
Peak Well Systems Limited's latest turnover from December 2022 is £3.9 million and the company has net assets of -£7.9 million. According to their latest financial statements, Peak Well Systems Limited has 21 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,870,785 | 3,831,164 | 2,755,291 | 3,379,874 | 3,402,422 | 3,743,984 | 2,393,000 | 3,190,000 | 3,954,000 | 4,239,000 | 3,120,147 | 1,812,804 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 1,890,515 | 1,981,079 | 1,696,992 | 1,817,304 | 2,328,831 | 2,106,039 | 779,000 | 1,135,000 | 1,617,000 | 2,140,000 | 2,129,097 | 919,342 | ||
| Gross Profit | 1,980,270 | 1,850,085 | 1,058,299 | 1,562,570 | 1,073,591 | 1,637,944 | 1,614,000 | 2,055,000 | 2,337,000 | 2,099,000 | 991,050 | 893,462 | ||
| Admin Expenses | 4,167,543 | 1,791,866 | 1,894,000 | 2,322,000 | ||||||||||
| Operating Profit | -2,187,273 | 58,219 | 161,000 | 15,000 | ||||||||||
| Interest Payable | 381,661 | 64,688 | 106,944 | 367,620 | 335,352 | 149,045 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | -2,568,933 | -6,469 | -859,265 | -163,387 | -1,363,142 | -1,222,636 | -2,576,000 | 161,000 | 15,000 | 928,000 | 601,031 | 344,445 | ||
| Tax | -78,435 | -50,942 | 75,009 | 58,671 | 249,961 | -1,930,601 | -198,000 | 581,000 | 176,000 | -239,000 | -144,034 | -110,296 | ||
| Profit After Tax | -2,647,368 | -57,411 | -784,255 | -104,716 | -1,113,181 | -3,153,237 | -2,774,000 | 742,000 | 191,000 | 689,000 | 456,997 | 234,149 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -2,647,368 | -57,411 | -784,255 | -104,716 | -1,113,181 | -3,153,237 | -2,774,000 | 742,000 | 191,000 | 689,000 | 456,997 | 234,149 | ||
| Employee Costs | 2,127,436 | 1,851,702 | 2,095,804 | 2,046,788 | 2,247,322 | 1,882,472 | 1,719,000 | 1,556,000 | 1,362,000 | 675,000 | 221,682 | 391,275 | ||
| Number Of Employees | 21 | 21 | 21 | 21 | 26 | 19 | 16 | 18 | 18 | 11 | 7 | 10 | ||
| EBITDA* | -1,894,558 | 350,934 | 452,000 | 172,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 385,703 | 472,224 | 13,601,931 | 13,860,379 | 14,522,590 | 14,345,599 | 18,877,000 | 1,077,000 | 870,000 | 470,000 | 83,575 | 40,051 | 86,420 | 78,729 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | 3,177,000 | 1,836,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 14,128,730 | 14,128,730 | 12,976,606 | 12,976,606 | 0 | 13,000,000 | 17,965,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,514,434 | 14,600,954 | 13,601,930 | 13,860,378 | 14,522,590 | 13,749,000 | 18,902,000 | 4,254,000 | 2,706,000 | 470,000 | 83,575 | 40,052 | 86,420 | 78,729 |
| Stock & work in progress | 578,960 | 438,263 | 642,406 | 450,055 | 603,943 | 386,000 | 338,000 | 192,000 | 196,000 | 112,000 | 155,889 | 110,913 | 150,893 | 211,583 |
| Trade Debtors | 26,684 | 18,598 | 8,169 | 112,143 | 273,249 | 241,422 | 730,000 | 1,223,000 | 708,000 | 809,000 | 1,014,759 | 269,271 | 306,913 | 273,249 |
| Group Debtors | 1,758,712 | 1,195,924 | 835,499 | 1,581,136 | 0 | 3,161,000 | 202,000 | 31,000 | 22,000 | 90,000 | 2,370 | 3,697 | 0 | 0 |
| Misc Debtors | 514,271 | 517,506 | 1,022,651 | 348,310 | 0 | 710,000 | 247,000 | 347,000 | 137,000 | 35,000 | 17,189 | 6,161 | 0 | 0 |
| Cash | 2,049,001 | 1,296,191 | 2,635,722 | 1,905,681 | 2,491,849 | 855,000 | 431,000 | 411,000 | 537,000 | 1,115,000 | 237,093 | 128,166 | 200,247 | 18,259 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 689,000 | 264,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,927,630 | 3,466,483 | 5,144,449 | 4,397,326 | 5,114,113 | 5,575,998 | 1,948,000 | 2,893,000 | 1,864,000 | 2,161,000 | 1,427,301 | 518,208 | 658,053 | 503,091 |
| total assets | 19,442,064 | 18,067,438 | 18,746,379 | 18,257,704 | 19,636,702 | 19,324,998 | 20,850,000 | 7,147,000 | 4,570,000 | 2,631,000 | 1,510,877 | 558,260 | 744,473 | 581,820 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 218,323 | 168,998 | 176,012 | 150,761 | 352,430 | 350,101 | 260,000 | 0 | 0 | 61,000 | 646,672 | 57,921 | 603,148 | 561,403 |
| Group/Directors Accounts | 27,131,883 | 23,095,334 | 1 | 1 | 0 | -447,791 | 0 | 0 | 0 | 432,000 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 20,851,576 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 24,258 | 88,137 | 23,497,213 | 22,249,534 | 0 | 22,804,000 | 20,573,000 | 4,210,000 | 2,423,000 | 280,000 | 171,299 | 123,236 | 0 | 0 |
| total current liabilities | 27,374,464 | 23,352,470 | 23,673,227 | 22,400,297 | 23,857,320 | 23,029,033 | 20,833,000 | 4,210,000 | 2,423,000 | 773,000 | 817,972 | 181,157 | 603,148 | 561,403 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 292,000 | 196,000 | 0 | 0 | 4,929 | 5,365 | 3,460 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146,000 | 98,000 | 0 | 0 | 4,929 | 5,365 | 3,460 |
| total liabilities | 27,374,464 | 23,352,470 | 23,673,227 | 22,400,297 | 23,857,320 | 23,029,033 | 20,833,000 | 4,356,000 | 2,521,000 | 773,000 | 817,972 | 186,087 | 608,513 | 564,863 |
| net assets | -7,932,401 | -5,285,033 | -4,926,848 | -4,142,593 | -4,220,618 | -3,704,035 | 17,000 | 2,791,000 | 2,049,000 | 1,858,000 | 692,905 | 372,173 | 135,960 | 16,957 |
| total shareholders funds | -7,932,401 | -5,285,033 | -4,926,847 | -4,142,592 | -4,220,618 | -3,107,437 | 17,000 | 2,791,000 | 2,049,000 | 1,858,000 | 692,905 | 372,173 | 135,960 | 16,957 |
| 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 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -2,187,273 | 58,219 | 161,000 | 15,000 | ||||||||||
| Depreciation | 292,714 | 292,714 | 330,486 | 385,444 | 277,907 | 218,134 | 311,000 | 231,000 | 127,000 | 73,000 | 31,415 | 36,355 | 20,325 | 27,924 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 60,000 | 30,000 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -78,435 | -50,942 | 75,009 | 58,671 | 249,961 | -1,930,601 | -198,000 | 581,000 | 176,000 | -239,000 | -144,034 | -110,296 | ||
| Stock | 140,697 | -204,143 | 192,351 | -153,888 | 217,943 | 48,000 | 146,000 | -4,000 | 84,000 | -43,889 | 44,976 | -39,980 | 150,893 | 211,583 |
| Debtors | 567,640 | -134,292 | -175,269 | 1,768,340 | -3,829,751 | 2,924,000 | -422,000 | 734,000 | -67,000 | -100,319 | 755,190 | -27,784 | 306,913 | 273,249 |
| Creditors | 49,325 | -7,014 | 25,251 | -201,669 | 2,329 | 90,101 | 260,000 | 0 | -61,000 | -585,672 | 588,751 | -545,227 | 603,148 | 561,403 |
| Accruals and Deferred Income | -63,879 | -23,409,076 | 1,247,679 | 22,249,534 | -22,804,000 | 2,231,000 | 16,363,000 | 1,787,000 | 2,143,000 | 108,701 | 48,063 | 123,236 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -292,000 | 96,000 | 196,000 | 0 | -4,929 | -436 | 5,365 | 3,460 |
| Cash flow from operations | -2,695,885 | -22,777,664 | 2,186,000 | 2,609,000 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 1,152,124 | 0 | 12,976,606 | -13,000,000 | -4,965,000 | 17,965,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,036,549 | 23,095,334 | 0 | 1 | 447,792 | -447,791 | 0 | 0 | -432,000 | 432,000 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -20,851,576 | 20,851,576 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -381,661 | -64,688 | -106,944 | -367,620 | -149,045 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 3,654,888 | 22,729,872 | -106,944 | -21,036,453 | -568,036 | 0 | 0 | -432,000 | 908,095 | -136,265 | 2,064 | |||
| cash and cash equivalents | ||||||||||||||
| cash | 752,810 | -1,339,531 | 730,041 | -586,168 | 1,636,849 | 424,000 | 20,000 | -126,000 | -578,000 | 877,907 | 108,928 | -72,081 | 200,247 | 18,259 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 752,810 | -1,339,531 | 730,041 | -586,168 | 1,636,849 | 424,000 | 20,000 | -126,000 | -578,000 | 877,907 | 108,928 | -72,081 | 200,247 | 18,259 |
peak well systems limited Credit Report and Business Information
Peak Well Systems Limited Competitor Analysis
Perform a competitor analysis for peak well systems limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
peak well systems limited Ownership
PEAK WELL SYSTEMS LIMITED group structure
Peak Well Systems Limited has 1 subsidiary company.
Ultimate parent company
SCHLUMBERGER LTD
#0001079
2 parents
PEAK WELL SYSTEMS LIMITED
SC337516
1 subsidiary
peak well systems limited directors
Peak Well Systems Limited currently has 3 directors. The longest serving directors include Mr Colin Beddall (Jul 2022) and Mr Christopher Walker (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Beddall | United Kingdom | 53 years | Jul 2022 | - | Director |
| Mr Christopher Walker | United Kingdom | 39 years | Aug 2022 | - | Director |
| Mr Kenneth Rait | Scotland | 51 years | Apr 2023 | - | Director |
P&L
December 2022turnover
3.9m
+1%
operating profit
-2.2m
-3857%
gross margin
51.2%
+5.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-7.9m
+0.5%
total assets
19.4m
+0.08%
cash
2m
+0.58%
net assets
Total assets minus all liabilities
Similar Companies
peak well systems limited company details
company number
SC337516
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
February 2008
age
16
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
peak well services limited (June 2011)
treetell limited (April 2008)
incorporated
UK
address
1, enterprise drive, westhill indus, aberdeen, aberdeenshire, scotland, AB32 6TQ
last accounts submitted
December 2022
peak well systems 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 did not find charges/mortgages relating to peak well systems limited.
peak well systems limited Companies House Filings - See Documents
| date | description | view/download |
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