Senergy Wells Limited
Registered name: SENERGY WELLS LIMITED
Part of Elemental Squared Limited groupSenergy Wells Limited made £11.6m revenue and a £738k loss in the year to 31 Dec 2024.
Senergy Wells Limited’s revenue fell 17% to £11.6m in the year to 31 Dec 2024, with a loss of £738k and 15 employees. The company is classified under “support activities for petroleum and natural gas extraction” and is based in Westhill; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Westhill
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £27.5m | £14.1m | £11.6m |
| Cost of sales | −£18.9m | −£8.6m | −£10.3m |
| Gross profit | £8.6m | £5.5m | £1.3m |
| Operating profit | £10.8m | £2.5m | −£426k |
| Profit before tax | £10.7m | £2.5m | −£428k |
| Profit after tax | £10.5m | £1.8m | −£738k |
| Profit (best available) | £10.5m | £1.8m | −£738k |
| Employees (average) | — | — | 15 |
| Ratios | |||
| Profit margin | 38% | 12.6% | −6.3% |
| Gross margin | 31.1% | 38.8% | 11.2% |
| Revenue per employee | — | — | £777k |
| Profit per employee | — | — | −£49.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▼48.9% | ▼17.1% |
| Profit growth | — | ▼83.1% | ▼141.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Mar 2025 | Accounts · bulk data Mar 2025 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −6.3%
- Profit ÷ revenue.
- Gross margin
- 11.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £777k
- Revenue ÷ average employees.
- Profit per employee
- −£49.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 15
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Elemental Squared Limitedultimate parent75–100%
- Elemental Group Holdings Limited75–100%
- Elemental Energies Group Limited75–100%
- Elemental Energies Holdings Limited75–100%
- Senergy Oil & Gas Limited75–100%
- Senergy Wells 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).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£738k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 25 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.