AXIS WELL TECHNOLOGY LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-25 (in 11mo)
Last made up 2026-04-11
Watchouts
None on the register
Cash
£491K
lowest in 4 filed years
Net assets
£34M
highest in 4 filed years
Employees
105
Average over period
Profit before tax
£2M
lowest in 4 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-02-01 | 2022-01-31 | 2023-01-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £20,047,948 | £24,474,512 | £26,908,862 | £19,156,821 | |
| Operating profit | — | £3,001,741 | £4,537,720 | £4,974,039 | £2,459,219 | |
| Profit before tax | — | £3,001,741 | £4,542,371 | £5,010,527 | £2,460,246 | |
| Net profit | — | £2,438,099 | £3,810,133 | £3,530,790 | £1,666,208 | |
| Cash | — | £7,004,110 | £10,988,513 | £1,660,606 | £490,575 | |
| Total assets less current liabilities | — | £25,091,711 | £28,909,790 | £32,443,252 | £34,093,511 | |
| Net assets | — | £25,086,380 | £28,896,513 | £32,427,303 | £34,093,511 | |
| Equity | £22,648,281 | £25,086,380 | £28,896,513 | £32,427,303 | £34,093,511 | |
| Average employees | — | 89 | 104 | 118 | 105 | |
| Wages | — | £7,126,492 | £8,504,550 | £12,235,382 | £9,963,072 | |
| Directors' remuneration | — | — | — | £773,212 | £591,529 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-02-01 | 2022-01-31 | 2023-01-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | 15.0% | 18.5% | 18.5% | 12.8% | |
| Net margin | — | 12.2% | 15.6% | 13.1% | 8.7% | |
| Return on capital employed | — | 12.0% | 15.7% | 15.3% | 7.2% | |
| Current ratio | — | — | — | 10.37x | 10.31x | |
| Interest cover | — | — | — | 12311.98x | — |
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 1 time since incorporation
- AXIS WELL TECHNOLOGY LIMITED 2001-06-13 → present
- SIDECOLT LIMITED 2001-03-20 → 2001-06-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company and the Group have adequate resources to continue to operate for the foreseeable future, being a period of at least twelve months after the date on which the report and financial statements are signed. Accordingly, they have continued to adopt a going concern basis in the preparation of the annual report and financial statements.”
Significant events
- “The Axis group joined the RSK Group in June 2023.”
- “The Company continues to invest in technological innovation, including the development of its fully electric EPIC Rig and the integration of digital monitoring and control systems to enhance efficiency, safety, and precision.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Sally | Secretary | 2023-06-02 | — | — |
| DAVIES, Nick | Director | 2023-06-02 | Apr 1973 | British |
| HANDSLEY, Paul | Director | 2013-05-01 | Feb 1978 | British |
| HERLIHY, Francis | Director | 2025-04-01 | Jan 1966 | British |
| RYDER, Alasdair Alan | Director | 2023-06-02 | Sep 1961 | British |
| TAYLOR, David Iain | Director | 2023-06-02 | Apr 1952 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Jennifer | Secretary | 2012-01-13 | 2013-05-01 |
| GOOCH, Alfred Thomas | Secretary | 2001-09-03 | 2002-03-01 |
| LIGERTWOOD, John | Secretary | 2002-03-15 | 2003-11-18 |
| P & W SECRETARIES LIMITED | Corporate Nominee Secretary | 2001-03-20 | 2001-05-15 |
| PAULL & WILLIAMSONS | Corporate Secretary | 2003-11-18 | 2009-04-06 |
| PAULL & WILLIAMSONS | Corporate Secretary | 2001-05-15 | 2001-09-03 |
| PAULL & WILLIAMSONS LLP | Corporate Secretary | 2009-04-06 | 2012-01-13 |
| ANDERSON, James | Director | 2001-05-15 | 2026-03-27 |
| CASSIDY, Michael | Director | 2001-08-20 | 2002-03-01 |
| DODDS, William Alastair | Director | 2013-05-01 | 2024-09-30 |
| DRAPER, Abigail Sarah | Director | 2023-06-02 | 2025-03-31 |
| GOOCH, Alfred Thomas | Director | 2001-08-20 | 2002-03-01 |
| LIGERTWOOD, John | Director | 2001-08-20 | 2003-11-18 |
| P & W DIRECTORS LIMITED | Corporate Nominee Director | 2001-03-20 | 2001-05-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ares Management Limited | Corporate entity | Shares 75–100% | 2023-09-15 | Active |
| Axis Well Technology Management Limited | Corporate entity | Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 144 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-14 | CH01 | officers | Change person director company with change date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-23 | AA | accounts | Accounts with accounts type full | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-08 | AA | accounts | Accounts with accounts type full | |
| 2025-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-04 | CH01 | officers | Change person director company with change date | |
| 2024-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-09 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-04-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-06 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-11-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-19 | AA | accounts | Accounts with accounts type full | |
| 2023-09-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.