Awilco Drilling

Awilco Drilling Limited was incorporated in December 2009 in connection with the acquisition of the two semi submersible drilling rigs, WilPhoenix (previously Arctic II) and WilHunter (previously Arctic IV). The company is registered in England & Wales with its operation based in Aberdeen, Scotland. The Company re-registered to a public company on 14 April 2011, under the name Awilco Drilling PLC.
Company Growth (employees)
Type
Private
HQ
Aberdeenshire, GB
Founded
2010
Size (employees)
197 (est)
Awilco Drilling was founded in 2010 and is headquartered in Aberdeenshire, GB

Awilco Drilling Office Locations

Awilco Drilling has an office in Aberdeenshire

Awilco Drilling Metrics

Summary Metrics

Founding Date

2010

Awilco Drilling Financial Metrics

Awilco Drilling's revenue was reported to be £169.5 m in FY, 2015 which is a 11% decrease from the previous period.

Revenue (FY, 2015)

£169.5 m

Revenue growth (FY, 2014 - FY, 2015), %

(11%)

Gross profit (FY, 2015)

£96.6 m

Gross profit margin (FY, 2015), %

57%

Net income (FY, 2015)

£76.2 m

Cash (31-Dec-2015)

£92.8 m
FY, 2013FY, 2014FY, 2015

Revenue

£155.8 m£189.5 m£169.5 m

Revenue growth, %

22%(11%)

Cost of goods sold

£49.7 m£55.4 m£72.9 m

Gross profit

£106.1 m£134.1 m£96.6 m

Gross profit Margin, %

68%71%57%

Operating expense total

£13.8 m£10.8 m£5.9 m

Pre tax profit

£87.3 m£115.2 m£84.8 m

Net Income

£80.6 m£94.4 m£76.2 m
FY, 2013FY, 2014FY, 2015

Cash

£34.5 m£52.1 m£92.8 m

Accounts Receivable

£23.1 m£24.6 m£5 m

Current Assets

£92.4 m£140.1 m£150.4 m

PP&E

£163.4 m£174.1 m£162.2 m

Total Assets

£255.9 m£314.2 m£312.6 m

Accounts Payable

£16.3 m£12.4 m£15 m

Current Liabilities

£60 m£93.8 m£75.1 m

Retained Earnings

£19.2 m£577.2 k£24.7 m

Total Equity

£136.7 m£143 m£167.6 m

Financial Leverage

1.9 x2.2 x1.9 x
FY, 2013FY, 2014FY, 2015

Cash From Operating Activities

£103.8 m£111.3 m£120.5 m

Cash From Financing Activities

(£72.2 m)(£78.7 m)(£58.4 m)

Income Taxes Paid

(£6.7 m)(£20.8 m)(£8.6 m)
Y, 2015

Financial Leverage

1.9 x

Awilco Drilling Company Life

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