KCA DEUTAG CASPIAN LIMITED

Figures converted to GBP from USD at 0.752 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

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. KCA DEUTAG CASPIAN LIMITED 2003-03-05 → present
2. KCA CASPIAN LIMITED 1997-01-30 → 2003-03-05
3. KCA PERSONNEL SERVICES LIMITED 1985-02-20 → 1997-01-30
4. REXRILL LIMITED 1985-01-16 → 1985-02-20

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing whether the financial statements for the Company should be prepared on the going concern basis, the directors have considered current market conditions and the outlook for the Company. The Directors have assessed a period to 30 September 2026. The Company has net assets at the Balance sheet date of £829k (2023: £898k). The Directors have also considered the cash requirements of the business and concluded that the business has sufficient funding to sustain operations throughout the going concern period.”

Significant events

• “On 16 January 2025, HP Global Holdings Limited (H&P) completed the Acquisition of 100% of the share capital of KCA Deutag International Limited and its subsidiaries pursuant to the Purchase Agreement signed in July 2024.”
• “The $1.1 billion repayment or redemption of certain KCA Deutag existing debt consisted of: (a) the redemption in full of all of: (i) KCA Deutag UK Finance PLC's outstanding $500 million aggregate principal amount of 9.875% Senior Secured Notes due 2025; (ii) KCA Deutag UK Finance PLC's outstanding $250 million aggregate principal amount of Senior Secured Floating Rate Notes due 2025 and; (iii) KCA Deutag PIKCO PLC's outstanding $272.2 million aggregate principal amount (which includes approximately $72.2 million of accrued and capitalized interest) of 15.0%/17.5% Payment-In-Kind Notes due 2027, and (b) the repayment of all of the: (i) approximately $50 million of outstanding borrowings under KCA Deutag's Senior Secured Guarantee and Revolving Credit Facilities provided by Barclays Bank plc and; (ii) approximately $50 million of outstanding borrowings under KCA Deutag's Senior Secured Revolving Credit Facilities provided by Deutsche Bank AG.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.