CAN (OFFSHORE) LIMITED
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
—
Period ending 2025-12-31
Net assets
3-year trend · vs Energy 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 | £52,981,064 | £56,607,177 | £58,088,799 | +2.6% | |
| Operating profit | £9,977,582 | £10,050,619 | — | — | |
| Profit before tax | £11,147,334 | £11,948,525 | — | — | |
| Net profit | £8,706,049 | £9,405,178 | — | — | |
| Cash | £7,549,292 | £139,225 | — | — | |
| Total assets less current liabilities | £37,339,552 | £34,703,886 | — | — | |
| Net assets | £37,129,433 | £34,534,611 | — | — | |
| Equity | £37,129,433 | £34,534,611 | — | — | |
| Average employees | 521 | 531 | — | — | |
| Wages | £32,247,663 | £34,276,494 | — | — | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — 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 | 18.8% | 17.8% | — | |
| Net margin | 16.4% | 16.6% | — | |
| Return on capital employed | 26.7% | 29.0% | — | |
| Gearing (liabilities / total assets) | 28.8% | 26.3% | — | |
| Current ratio | 3.03x | 3.28x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Audit & Accountancy Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, having made due and careful enquiry, are of the opinion that the company has adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- CAN (OFFSHORE) LIMITED · parent
- CAN West Africa, LDA 49%
- CAN (Global) Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALKER, George Innes Mitchell | Secretary | — | — | British |
| BYRNE, Adam Patrick | Director | 2006-03-01 | Nov 1964 | British |
| WALKER, George Innes Mitchell | Director | 1996-03-01 | Jul 1967 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Bernard James | Director | 1996-03-01 | 2004-02-13 |
| FREEMAN, Michael John | Director | — | 2016-10-11 |
| GOODWIN, Adrian Jonathan | Director | 1993-01-01 | 1996-02-29 |
| JEFFREY, John Alexander | Director | — | 1996-11-30 |
| MACLEOD, Malcolm Allan | Director | 1996-03-01 | 2001-01-22 |
| THOMSON, Rognvald William Swanson | Director | 2001-02-01 | 2006-01-31 |
| WALLACE, Grant | Director | 2006-03-01 | 2006-10-03 |
| WALLACE, Stewart John | Director | — | 1994-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Can Holdings Ltd | Corporate entity | Shares 75–100% | 2016-06-01 | Active |
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-11-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-25 | AA | accounts | Accounts with accounts type full | |
| 2022-11-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-10 | AA | accounts | Accounts with accounts type full | |
| 2021-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-01-04 | AA | accounts | Accounts with accounts type full | |
| 2020-11-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2019-11-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-03 | AA | accounts | Accounts with accounts type full | |
| 2018-11-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-24 | AA | accounts | Accounts with accounts type full | |
| 2018-06-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2018-06-05 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.