EXCELLENCE LOGGING LIMITED
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Cash
£10m
USD 13,847,000
-14.1% vs 2024
Net assets
£55m
USD 74,646,000
+26.5% highest in 3 filed years
Employees
1,671
-1.8% vs 2024
Profit before tax
£10m
USD 13,669,000
+15.8% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £110,495,726 | £151,672,984 | £143,614,270 | -5.3% | |
| Operating profit | £9,947,232 | £17,156,447 | £14,778,893 | -13.9% | |
| Profit before tax | £3,931,624 | £8,772,204 | £10,159,049 | +15.8% | |
| Net profit | £929,023 | £6,549,981 | £6,395,392 | -2.4% | |
| Cash | £7,213,675 | £11,975,474 | £10,291,342 | -14.1% | |
| Total assets less current liabilities | £35,304,348 | £43,856,559 | £55,478,261 | +26.5% | |
| Net assets | £28,576,737 | £43,856,559 | £55,478,261 | +26.5% | |
| Equity | £28,576,737 | £43,856,559 | £55,478,261 | +26.5% | |
| Average employees | — | 1,701 | 1,671 | -1.8% | |
| Wages | £38,498,699 | £51,265,700 | £49,125,232 | -4.2% | |
| Directors' remuneration | £1,084,355 | £1,685,619 | £905,983 | -46.3% |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 9.0% | 11.3% | 10.3% | |
| Net margin | 0.8% | 4.3% | 4.5% | |
| Return on capital employed | 28.2% | 39.1% | 26.6% | |
| Gearing (liabilities / total assets) | 74.7% | 65.4% | 58.9% | |
| Current ratio | 0.70x | 16.06x | 9.53x | |
| Interest cover | 2.66x | 3.81x | 3.81x |
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
- EXCELLENCE LOGGING LIMITED 2018-04-23 → present
- EXCELLENCE LOGGING HOLDCO 4 LIMITED 2015-04-10 → 2018-04-23
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 or 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
- EXCELLENCE LOGGING LIMITED · parent
- Excellence Logging France SAS 100%
- Excellence Logging Services SAS 100%
- Excellence Logging International FZ LLC 100%
- Excellence Logging Services Ltd 100%
- Excellence Logging Middle East Ltd 100%
- Excellence Logging Latin America Ltd 100%
- Excellence Logging (Switzerland) Sarl 100%
- WLG Servicios SA 100%
- Excellence Logging Tunisie Sarl 100%
- Excellence Logging Do Brazil Servicios de Petroleo LTDA 99.92%
- Exlog Gabon SA 100%
- Wilog Angola LDA 48%
- Excellence Logging US Inc 100%
- Excellence Logging DMCC 100%
- PT DHI Excellence Logging 98.75%
- DHI Services (Thailand) Ltd 49%
- Thai Oil Venture Holding Ltd 48.9%
- Excellence Logging Malaysia Sdn Bhd 49%
- Excellence Logging Pte Ltd 100%
- Dajan S.R.L. 100%
- Excellence Logging Ecuador SA 100%
- International Logging Technology Limited 100%
- Excellence Logging Saudi Limited 50%
- Exlog Ltd Middle East and North Africa Regional HQ Company 100%
- Excellence Logging Services LLC (Qatar) 100%
- Excellence Logging LLC (Oman) 70%
- Excellence Logging LLP (Kazakhstan) 100%
- Exlog Bolivia Servicios Petroleros S.A 100%
- Excellence Logging Canada Limited 100%
- Excellence Logging Netherlands BV 100%
- Coil Services BV 100%
- Slickline Services BV 100%
- Slickline Services GmbH 100%
Significant events
- “Recent geopolitical developments, including the ongoing conflict involving Iran, have increased uncertainty in the region and may contribute to volatility in energy markets and potential disruptions to logistics and supply chains.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOUTANT, Pierre-Henri | Director | 2021-03-31 | Nov 1973 | French |
| BURBAN, Bruno Patrick | Director | 2015-07-16 | Sep 1958 | French |
| LECHNER, John Michael | Director | 2019-10-01 | Oct 1962 | American |
| SIKORSKI, Thomas Joseph | Director | 2015-05-18 | Apr 1961 | American |
| WRIGHT, William James | Director | 2016-06-03 | Jun 1957 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEBRAY, Benoit Jacques René | Director | 2015-07-16 | 2020-03-31 |
| DICKINSON, Mark Simon | Director | 2016-09-14 | 2023-05-01 |
| HARRISON, Paul David | Director | 2015-04-10 | 2016-11-17 |
| MURDOCH, Kenneth | Director | 2019-11-25 | 2021-03-31 |
| SIMONETTI, Vincent Antoine Luc | Director | 2015-05-18 | 2022-03-31 |
| WHITTINGHAM, James Ronald | Director | 2015-04-10 | 2016-11-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Excellence Logging Finance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-12-11 | Active |
| Excellence Logging Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-12-11 |
Filing timeline
Last 20 of 107 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-15 | AA | accounts | Accounts with accounts type group | |
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-22 | AA | accounts | Accounts with accounts type group | |
| 2025-08-26 | ANNOTATION | miscellaneous | Legacy | |
| 2025-08-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-10 | CH01 | officers | Change person director company with change date | |
| 2024-12-31 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 17
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.