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Company No. SC224908 · Incorporated 2 Nov 2001

Champion Technologies Limited

Registered name: CHAMPION TECHNOLOGIES LIMITED

Part of Schlumberger UK Limited group

Champion Technologies Limited made £123m revenue and £12.9m profit in the year to 31 Dec 2024.

Champion Technologies Limited’s revenue fell 5% to £123m in the year to 31 Dec 2024, with £12.9m profit and 291 employees. The company is classified under “wholesale of chemical products” and is based in Altens; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46750Wholesale of chemical products
Status
Active
Location
Altens, Scotland
Age
24 yrs · since 2001
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: “ChampionX UK Ltd.”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue
£123m
Growth ▼4.7%
Profit
£12.9m
Growth ▲153.3%
Profit margin
10.5%
Gross 38.1%
Employees
291
Change ▼0.3%
Profit / employee
£44.4k
Revenue/employee £424k
Profitable streak
3yrs
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 to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£128m£130m£123m
Cost of sales£88.3m£85.3m£76.5m
Gross profit£39.6m£44.3m£47m
Operating profit£6.5m£6.9m£7.2m
Profit before tax£19.3m£7.1m£15.5m
Profit after tax£18m£5.1m£12.9m
Profit (best available)£18m£5.1m£12.9m
Staff costs£20.4m£20.5m£22.1m
Employees (average)291292291
Ratios
Profit margin14.1%3.9%10.5%
Gross margin30.9%34.2%38.1%
Revenue per employee£439k£444k£424k
Profit per employee£61.9k£17.5k£44.4k
Growth (year on year)
Revenue growth—▲1.4%▼4.7%
Profit growth—▼71.7%▲153.3%
Headcount growth—▲0.3%▼0.3%
Balance sheet — indirect signals, not revenue
Cash at bank£239k£282k£183k
Net assets£110m£101m£94m
Fixed assets£95.6m£93.5m£91.1m
Current assets£44.1m£40.8m£43m
Debtors£12.9m£10.8m£9.1m
Deferred income£4.3m£4.3m£5.9m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
10.5%
Profit ÷ revenue.
Gross margin
38.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£424k
Revenue ÷ average employees.
Profit per employee
£44.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
73.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
4.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.3%
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
▼7%
Now £94m
Cash at bank
▼35%
Now £183k
Headcount
▼0%
Now 291
Deferred income
▲37%
Now £5.9m
Fixed assets
▼3%
Now £91.1m

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

  1. Schlumberger UK Limitedultimate parent75–100%
  2. SLB UK II Limited75–100%
  3. Schlumberger Oilfield UK Limited75–100%
  4. Champion Technologies Limitedthis company

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

Sister companies (8)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £12.9m), from the Companies House accounts bulk data published Oct 2025. 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.