ARCHER WELL COMPANY INTERNATIONAL LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  -0.3%

  £683,200 → £681,406

• Net assets

  -1.6%

  £255,506 → £251,458

• Employees

  —

  Not reported

• Operating profit

  -15.9%

  -£30,553 → -£35,396

• Profit before tax

  -20%

  -£36,925 → -£44,325

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

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is reliant upon support from the ultimate parent company Archer Limited (Bermuda) ("the Group") in order to fund its activities. The Group has undertaken to ensure adequate funds will be made available to the Company to enable it to meet its liabilities as they fall due and to carry on its business without curtailment of any operations for a period of at least 12 months after the date of approval of these financial statements.”

Group structure

1. ARCHER WELL COMPANY INTERNATIONAL LIMITED · parent
   1. Archer Well Services (Saudi Arabia) Ltd 100% · UK · Support services to the oil and gas industry
   2. Archer Well Oil and Gas Services LLC 70% · Emirate of Abu Dhabi · Support services to the oil and gas industry

Significant events

• “During 2023 the company entered into a 70% shareholding of Archer Well Oil and Gas Services LLC based in Abu Dhabi.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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