CLEAR SOLUTIONS (HOLDINGS) LIMITED

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

• Turnover

  -39.2%

  £13,295,567 → £8,088,905

• Cash

  -6.5%

  £757,493 → £708,531

• Net assets

  -24.1%

  £3,732,280 → £2,831,093

• Employees

  -4.9%

  41 → 39

• Operating profit

  -180.6%

  £955,058 → -£769,763

• Profit before tax

  -224.7%

  £708,011 → -£882,861

• Wages

  -7.6%

  £2,479,518 → £2,289,963

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Prime Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CLEAR SOLUTIONS (HOLDINGS) LIMITED · parent
   1. Clear Solutions International Limited 100% · England and Wales · Drilling fluid technology
   2. Clear Solutions Gmbh 100% · Germany · Drilling fluid technology
   3. Clear Solutions International Inc 100% · USA · Drilling fluid technology
   4. Clear Solutions Fluids Limited 100% · England and Wales · Drilling fluid technology
   5. Purebore Limited 100% · England and Wales · Dormant

Significant events

• “The period to 31 December 2024 was a disappointing period for the Group, impacted primarily by a significant downturn in the USA customers. Turnover was reduced by 39.2% and gross margin decreased slightly from 33.8% to 32.4%, while gross profit was reduced by 42.4%. As a result of the downturn a Group reorganisation took place in December to resize the business.”
• “The election of a new administration in the USA and their commencement of an international tariff war has created uncertainty in the international arena. Our ability to grow back the USA market will be impacted. The wars in Ukraine and Gaza continue to impact the energy markets and global supply chain. The supply base has been to diversified thus reducing reliance on any one region or supplier, and we are diversifying the customer base and entering new markets and regions which takes time.”
• “The key business indicators are turnover, gross margin and net profit. Turnover was down from last year by 43% reflecting a significant reduction in business from USA customers, however gross margins were improved, reflecting the work done on diversifying the supply base. There was a net loss for the period and the company was resized accordingly in December.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.