How much does Downhole Tools International Limited make?

Downhole Tools International Limited reported revenue of £5m and a loss of £154k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Downhole Tools International Limited have?

Downhole Tools International Limited reported an average of 33 employees in the year to 31 Dec 2024.

Is Downhole Tools International Limited profitable?

No — Downhole Tools International Limited reported a loss of £154k in the year to 31 Dec 2024.

Company No. 07056359 · Incorporated 24 Oct 2009

Downhole Tools International Limited

Registered name: DOWNHOLE TOOLS INTERNATIONAL LIMITED

Part of Frontrow Energy Technology Group Limited group

Downhole Tools International Limited made £5m revenue and a £154k loss in the year to 31 Dec 2024. read from filing text

Downhole Tools International Limited’s revenue grew 3% to £5m in the year to 31 Dec 2024, with a loss of £154k and 33 employees. The company is classified under “support activities for petroleum and natural gas extraction” and is based in Poole; we hold 3 years of its filed accounts.

Full P&L filedSection B · Mining and quarryingSIC 09100Support activities for petroleum and natural gas extraction

Status: Active
Location: Poole, South West
Age: 16 yrs · since 2009
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company is Pragma Well Technology Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightDoing more with less

Revenue

£5m

Growth ▲3.3%

Profit

−£154k

Growth —

Profit margin

−3.1%

Gross 33.5%

Employees

Change ▼5.7%

Profit / employee

−£4.7k

Revenue/employee £151k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£5.5m	£4.8m	£5m
Cost of sales	£2.6m	£3.3m	£3.3m
Gross profit	£2.9m	£1.5m	£1.7m
Operating profit	£1.1m	−£64.5k	−£147k
Profit before tax	£1.1m	−£121k	−£203k
Profit after tax	£1.1m	−£91.8k	−£154k
Profit (best available)	£1.1m	−£91.8k	−£154k
Employees (average)	35	35	33
Ratios
Profit margin	19.7%	−1.9%	−3.1%
Gross margin	53%	31.5%	33.5%
Revenue per employee	£156k	£138k	£151k
Profit per employee	£30.9k	−£2.6k	−£4.7k
Growth (year on year)
Revenue growth	—	▼11.7%	▲3.3%
Profit growth	—	▼108.5%	—
Headcount growth	—	0%	▼5.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£341k	£110k	£70.6k
Net assets	£2.7m	£2.6m	£2.5m
Fixed assets	£421k	£404k	£407k
Current assets	£3.5m	£3.5m	£3.1m
Debtors	£1.7m	£1m	£871k
Deferred income	£473k	£248k	£421k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −3.1%; Profit ÷ revenue.
Gross margin: 33.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £151k; Revenue ÷ average employees.
Profit per employee: −£4.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼6%; Now £2.5m
Cash at bank: ▼36%; Now £70.6k
Headcount: ▼6%; Now 33
Deferred income: ▲69%; Now £421k
Fixed assets: ▲1%; Now £407k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Frontrow Energy Technology Group Limitedultimate parent75–100%
Pragma Well Technology Limited75–100%
Downhole Tools International Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£154k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.