CHAMPION TECHNOLOGIES LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -4.7%

  £129,563,247 → £123,446,752

• Cash

  -35.1%

  £281,562 → £182,766

  lowest in 6 filed years

• Net assets

  -7.1%

  £101,080,592 → £93,951,382

• Employees

  -0.3%

  292 → 291

• Operating profit

  +4.9%

  £6,856,701 → £7,191,303

  first positive since 2020

• Profit before tax

  +116.5%

  £7,143,570 → £15,467,820

  first positive since 2020

• Wages

  +8.2%

  £17,063,488 → £18,460,894

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.

1. CHAMPION TECHNOLOGIES LIMITED 2003-12-03 → present
2. CHAMPION SERVO LIMITED 2002-02-18 → 2003-12-03
3. PEAKDEAN LIMITED 2001-11-02 → 2002-02-18

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Anderson Anderson & Brown Audit LLP

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 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. CHAMPION TECHNOLOGIES LIMITED · parent
   1. ChampionX Norge AS 100% · Norway · Supply of advanced components for well monitoring and directional drilling
   2. ChampionX Egypt Holdings Ltd. 100% · Southampton, Hampshire, United Kingdom · Manufacture of other organic basic chemicals
   3. ChampionX Egypt Limited 100% · Southampton, Hampshire, United Kingdom · Engaged in the manufacture of other inorganic basic chemicals
   4. Houseman Limited 100% · Southampton, Hampshire, United Kingdom · Entity is a holding or dormant entity
   5. RauanNTech Limited 45% · Republic of Kazakhstan · Manufacturer of oil-&-gas chemicals and reagents

Significant events

• “On June 4th 2025, the ChampionX Group performed a series of Restructuring activities. The result of which was the transfer of two indirectly owned Subsidiary Holdings, ChampionX Egypt Ltd and Houseman Ltd, these entities now being Direct Subsidiaries of Champion Technologies Ltd.”
• “On July 16th 2025, the ChampionX Group was acquired by "Schlumberger Limited", a company organised and existing under the laws of Curacao, and publicly traded on the NYSE (SLB).”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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