CHAMPIONX EGYPT LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-18 (in 11mo)
Last made up 2026-04-04
Watchouts
Cash
£855K
-78.6% vs 2023
Net assets
£14M
-1.1% vs 2023
Employees
24
0% vs 2023
Profit before tax
£4M
+33.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
10-year trend · vs Basic Materials median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-01 | 2019-11-30 | 2020-11-30 | 2020-12-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £22,677,695 | £21,564,583 | — | £24,470,551 | — | £28,578,633 | — | £29,270,689 | £30,158,227 | |
| Operating profit | — | £3,650,177 | £1,975,255 | — | £1,743,152 | — | £4,174,294 | — | £3,109,665 | £4,107,510 | |
| Profit before tax | — | £3,759,484 | £2,043,622 | — | £1,925,088 | — | £4,440,888 | — | £3,166,968 | £4,227,157 | |
| Net profit | — | £3,759,484 | £2,043,622 | — | £1,925,088 | — | £4,440,888 | — | £3,166,968 | £4,202,997 | |
| Cash | — | £80,418 | £2,496,263 | — | £1,990,646 | — | £3,523,251 | — | £3,987,220 | £854,817 | |
| Total assets less current liabilities | — | £12,529,964 | £14,130,560 | — | — | — | — | — | £14,648,733 | £14,484,489 | |
| Net assets | — | £12,529,964 | £14,130,560 | — | £15,869,870 | — | £12,097,143 | — | £14,648,733 | £14,484,489 | |
| Equity | £25,057,960 | £12,529,964 | £14,130,560 | £14,130,560 | £15,869,870 | £15,869,870 | £12,097,143 | £12,097,143 | £14,648,733 | £14,484,489 | |
| Average employees | — | 26 | 24 | — | 24 | — | 24 | — | 24 | 24 | |
| Wages | — | £844,071 | £1,019,316 | — | £881,820 | — | £884,010 | — | £734,006 | £792,311 | |
| Directors' remuneration | — | — | — | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3%
£29,270,689 £30,158,227
highest in 6 filed years
-
Cash
-78.6%
£3,987,220 £854,817
-
Net assets
-1.1%
£14,648,733 £14,484,489
-
Employees
0%
24 24
-
Operating profit
+32.1%
£3,109,665 £4,107,510
-
Profit before tax
+33.5%
£3,166,968 £4,227,157
-
Wages
+7.9%
£734,006 £792,311
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-01 | 2019-11-30 | 2020-11-30 | 2020-12-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 16.1% | 9.2% | — | 7.1% | — | 14.6% | — | 10.6% | 13.6% | |
| Net margin | — | 16.6% | 9.5% | — | 7.9% | — | 15.5% | — | 10.8% | 13.9% | |
| Return on capital employed | — | 29.1% | 14.0% | — | — | — | — | — | 21.2% | 28.4% | |
| Current ratio | — | — | — | — | — | — | — | — | 2.57x | 2.57x | |
| Interest cover | — | — | — | — | — | — | 5558.31x | — | 446.47x | 1146.07x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 4 times since incorporation
- CHAMPIONX EGYPT LTD. 2019-09-23 → present
- NALCO ENERGY SERVICES MARKETING LIMITED 2003-11-27 → 2019-09-23
- ONDEO NALCO ENERGY SERVICES MARKETING LIMITED 2001-08-06 → 2003-11-27
- NALCO/EXXON ENERGY CHEMICALS MARKETING LIMITED 1994-10-03 → 2001-08-06
- CANARYMATIC LIMITED 1994-04-13 → 1994-10-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Anderson Anderson & Brown Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, having made due and careful enquiry, are of the opinion that the company has adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the company had adequate resources to continue in operational existence for the foreseeable future.”
Significant events
- “On 16 July 2025, subsequent to the reporting date, the ultimate parent company of ChampionX Egypt Limited became part of the Schlumberger Limited(SLB). This resulted from SLB's acquisition of ChampionX Corporation and its subsidiaries (the "ChampionX Group") in an all-stock transaction.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FERGUSON, John | Director | 2020-04-14 | Dec 1981 | British |
| MARSH, Martin Graham | Director | 2025-11-20 | Apr 1977 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLEMAN, Richard Henry | Secretary | 1994-07-18 | 1994-08-30 |
| GOODSWEN, Anne | Secretary | 2000-02-01 | 2001-10-26 |
| JOYCE, Wendy Annette | Secretary | 2006-08-02 | 2020-04-14 |
| LEE, Carl Richmond | Secretary | 2006-06-30 | 2006-08-02 |
| LEE, Carl Richmond | Secretary | 2002-09-30 | 2004-04-30 |
| RISINO, Anthony John, Dr | Secretary | 2004-04-30 | 2006-06-30 |
| THWAITES, Michael William | Secretary | 1994-08-30 | 2000-02-01 |
| TOOLEY, Rebecca Ann | Secretary | 2001-10-26 | 2002-09-30 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 1994-04-13 | 1994-07-18 |
| AFZAL, Muhammad Sanaullah | Director | 2020-04-14 | 2025-11-20 |
| BELL, Bradley | Director | 2003-12-31 | 2009-06-01 |
| BILLETTE DE VILLEMEUR, Eric | Director | 2019-06-28 | 2020-04-14 |
| BLAIR, David John | Director | 2002-02-11 | 2003-12-31 |
| BLEIER, Herbert Adolph, Dr | Director | 1994-08-30 | 1998-03-31 |
| DRYDEN, Philip Westgarth | Director | 1997-01-01 | 1997-10-31 |
| GAMBLE, John Denman | Director | 2014-03-31 | 2019-06-28 |
| HART, Susan Lee | Director | 2020-04-14 | 2025-11-20 |
| HEY, Paul | Director | 2019-06-28 | 2020-04-14 |
| JOHNSON, David | Director | 2009-02-09 | 2013-07-15 |
| JUNG, Frederic Alain Marie | Director | 2004-03-25 | 2008-12-05 |
| LEE, Carl Richmond | Director | 2004-04-30 | 2019-06-28 |
| MALLEY, Paul | Director | 2002-04-05 | 2004-05-07 |
| PIZZONI, Vincenzo Maria Paola (Vince), Professor | Director | 1998-03-31 | 2005-08-23 |
| SMITH, James | Director | 2009-08-08 | 2014-03-31 |
| SMITH, Michael Robert | Director | 1994-07-18 | 2002-03-28 |
| SUTLEY, John Russel | Director | 1994-08-30 | 1999-11-01 |
| TOOLEY, Rebecca Ann | Director | 2002-02-11 | 2002-09-30 |
| VICKERS, Frank Paul | Director | 1998-03-31 | 2003-02-07 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 1994-04-13 | 1994-07-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Schlumberger Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-07-16 | Active |
| Champion Technologies Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-06-04 | Ceased 2025-07-16 |
| Championx Egypt Holdings Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-06-04 |
Filing timeline
Last 20 of 189 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-18 | AA | accounts | Accounts with accounts type full | |
| 2025-12-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-06-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-24 | AA | accounts | Accounts with accounts type full | |
| 2025-04-08 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-04 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-08-29 | AA | accounts | Accounts with accounts type full | |
| 2024-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-25 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-03-24 | AA | accounts | Accounts with accounts type full | |
| 2023-03-07 | GAZ1 | gazette | Gazette notice compulsory | |
| 2022-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.