Founded in 2001, Centek has rapidly become the leading innovator in Centralizer design and manufacture. Centeks focus has always been to bring innovation and expertise to Centralizer design. The Industry has seen many companies achieving API recognition; however centralizer design has not changed significantly in the past 40 years. Centek have achieved success by engineering and design innovation with a track record unrivalled in the Industry. Centek Centralizers are revolutionary in design as they are a one piece unit. They are bow spring Centralizers with none of the disadvantages of traditional bow spring Centralizers. Centek Centralizers will provide the stand-off and flexibility required of a bow spring, but due to their unique construction they offers substantial robustness and strength. Centek is rapidly becoming the supplier of choice for far reach, deviated wells.
Newton Abbot, GB
Size (employees)
64 (est)+4%
Centek was founded in 2001 and is headquartered in Newton Abbot, GB
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Centek Office Locations

Centek has an office in Newton Abbot and Oklahoma City
Oklahoma City, US
5500 SW 36th St
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Centek Financials and Metrics

Summary Metrics

Founding Date


Centek Financials

Centek's revenue was reported to be £14.71 m in FY, 2016

Revenue (FY, 2016)

14.7 m

Gross profit (FY, 2016)

2.2 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(2.1 m)

EBITDA (FY, 2016)

3.2 m

EBIT (FY, 2016)

(2 m)

Cash (1-Mar-2018)

3 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


12.6 m21.4 m37.1 m40.6 m27.4 m14.7 m

Revenue growth, %


Cost of goods sold

6.1 m10.7 m17.3 m19.4 m17.2 m12.5 m

Gross profit

6.5 m10.7 m19.8 m21.2 m10.2 m2.2 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


2.3 m2.8 m7.7 m8.5 m1.5 m3 m

Accounts Receivable

2.3 m3.8 m7 m6.3 m4.6 m2.5 m


905.7 k1.6 m1.5 m1.4 m1.4 m1.2 m

Current Assets

5.5 m8.6 m16.7 m17 m8.7 m7.4 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.3 m5.3 m11.6 m11.1 m1.5 m(2.1 m)

Cash From Operating Activities

2.4 m6 m13.1 m19.6 m7.9 m5.2 m

Dividends Paid

500 k2 m6.5 m

Cash From Financing Activities

(190.9 k)(153 k)(322.1 k)(360 k)(9.9 m)(3.6 m)
GBPY, 2016


233.5 k


0.1 x


0.1 x

Financial Leverage

1.9 x
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