ARCHER (UK) 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

  +37.2%

  £114,783,289 → £157,440,600

• Cash

  -45.1%

  £5,720,788 → £3,138,415

• Net assets

  +58.5%

  £22,965,031 → £36,390,790

• Employees

  +2.8%

  461 → 474

• Operating profit

  +238.3%

  £4,704,831 → £15,914,114

• Profit before tax

  +278%

  £4,951,139 → £18,713,990

• Wages

  +11.1%

  £31,851,869 → £35,393,433

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. ARCHER (UK) LIMITED 2011-04-01 → present
2. SEAWELL LIMITED 2007-10-16 → 2011-04-01
3. SEADRILL LIMITED 2006-06-01 → 2007-10-16
4. SMEDVIG DRILLING LIMITED 2002-04-18 → 2006-06-01
5. BALERISE LIMITED 2002-03-18 → 2002-04-18

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company meets its day to day working capital requirements through cash flows from its operations. The Company's forecasts and projections, taking account of reasonably possibly changes in trading performance, show that the Company should be able to operate within the level of its current facilities. The directors of the Group successfully renegotiated the refinancing for the Group effective 6th February 2025, and consequently the directors of the Company have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. ARCHER (UK) LIMITED · parent
   1. Archer Elemental UK Ltd 60% · UK · Support services to the oil and gas industry

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

Filings

2

last 12 months

Capital events

0

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.