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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-08-03 (in 3mo)

Last made up 2025-07-20

Watchouts

None on the register

Cash

£3M

USD 3,407,000

+102.2% vs 2023

Net assets

£15M

USD 20,580,000

-4.3% vs 2023

Employees

0

Average over period

Profit before tax

-£697K

USD -933,000

+66.9% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£412,649-£683,262
Profit before tax -£2,105,853-£697,466
Net profit -£2,105,853-£697,466
Cash £1,259,625£2,546,909
Total assets less current liabilities £16,775,809£19,940,943
Net assets £16,082,081£15,384,615
Equity £16,082,081£15,384,615
Average employees 00
Wages £0£0
Directors' remuneration

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Return on capital employed -2.5%-3.4%
Current ratio 6.09x5.17x
Interest cover -551.67x

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
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have assessed, based on the anticipated activities of the Company, that there are adequate resources in place to meet the ongoing costs of the business for the period to 31 December 2026, which is a minimum of 12 months from the date of signing the financial statements. ... Based on this assessment, and in accordance with the requirements of FRS 102, the Directors have concluded that no material uncertainties have been identified that may cast significant doubt on the Company's ability to continue as a going concern.”

Significant events

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

People

3 active · 28 resigned

Name Role Appointed Born Nationality
VISTRA COMPANY SECRETARIES LIMITED Corporate Secretary 2007-03-22
CANNON, David, Mr. Director 2021-06-17 Mar 1963 British
DUTHIE, William James Director 2020-05-06 Apr 1988 British
Show 28 resigned officers
Name Role Appointed Resigned
NEVILE, Hugh Simon Secretary 2002-08-15 2005-11-02
WAGNER, Simon David, Mr. Secretary 2005-11-02 2007-03-22
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1996-08-09 1996-08-09
WFW LEGAL SERVICES LIMITED Corporate Secretary 1996-08-09 2002-08-15
ALSAKER, Edgar Director 2003-08-07 2004-05-04
ALSAKER, Edgar Director 1998-10-01 2003-02-14
ALSAKER, Edgar Director 1996-08-09 1996-10-15
ARNESEN, Torger Director 2007-12-01 2013-10-30
BEKVIK, Einar Kristian Director 1996-09-23 1998-10-01
BRAATALIEN, Asle Berg Director 2005-11-15 2007-12-01
BRETT, Christopher Director 2015-11-12 2020-05-06
BYE-ANDERSEN, Tor Olav Director 2007-12-01 2020-05-06
DELDAY, William James Director 2020-05-06 2023-03-17
GRONNEGAARD, Flemming Director 2013-10-30 2014-01-02
HELLAND, Stig Morten Director 2016-03-07 2021-06-17
KJORSVIK, Harry Director 2003-08-07 2005-12-15
KJORSVIK, Harry Director 1998-10-01 2003-02-14
LAW, Dennis Director 2014-07-16 2016-03-07
LAW, Dennis Director 2003-08-07 2007-12-01
LAW, Dennis Director 1996-09-30 2003-02-14
LYTZEN, Peter Director 2007-12-01 2015-11-12
OVERSJOEN, Knut Director 2003-02-14 2003-10-14
RENNEMO, Svein Director 2003-02-14 2003-10-14
RUUD, Terje Director 2005-04-19 2007-12-01
STEEN NILSEN, Christin Director 2003-02-14 2003-10-14
STOKKE, Reidar Director 2004-05-04 2005-04-19
SUND, Endre Ording Director 1996-08-09 1998-10-01
INSTANT COMPANIES LIMITED Corporate Nominee Director 1996-08-09 1996-08-09

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Altera Infrastructure Fpso Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-01-06 Active
Brookfield Asset Management Inc Corporate entity Shares 25–50%, Voting 25–50%, Appoints directors 2018-07-03 Ceased 2023-01-06
Teekay Corporation Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2018-07-03

Filing timeline

Last 20 of 202 total filings

Date Type Category Description
2026-04-21 CH04 officers Change corporate secretary company with change date PDF
2026-03-09 AD01 address Change registered office address company with date old address new address PDF
2025-12-04 AA accounts Accounts with accounts type full
2025-11-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-29 CH01 officers Change person director company with change date PDF
2025-07-29 CH01 officers Change person director company with change date PDF
2025-07-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-11 AA accounts Accounts with accounts type full
2024-07-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-12 AA accounts Accounts with accounts type full
2023-07-20 CS01 confirmation-statement Confirmation statement with updates PDF
2023-07-20 AD04 address Move registers to registered office company with new address PDF
2023-07-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-07-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-03-21 TM01 officers Termination director company with name termination date PDF
2023-01-30 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-01-30 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-01-16 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-01-13 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-01-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page