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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-29 (in 4mo)

Last made up 2025-09-15

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

£12M

+5.6% vs 2023

Employees

47

+2.2% vs 2023

Profit before tax

£839K

-82.6% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £7,341,000£7,742,000
Operating profit £818,000£780,000
Profit before tax £4,815,000£839,000
Net profit £4,869,000£658,000
Cash
Total assets less current liabilities £11,770,000£12,428,000
Net assets
Equity £11,770,000£12,428,000
Average employees 4647
Wages £3,409,000£3,613,000
Directors' remuneration £0£0

Values shown as filed in the company's annual accounts. 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
Operating margin 11.1%10.1%
Net margin 66.3%8.5%
Return on capital employed 6.9%6.3%
Current ratio 9.01x13.85x
Interest cover 272.67x

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
Johnston Carmichael LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having considered the financial position and the expected trading outlook, the directors have developed a reasonable expectation that the company will continue as a going concern for the foreseeable future. Accordingly, the financial statements are prepared under the going concern basis.”

Group structure

  1. BLUEWATER SERVICES (UK) LIMITED · parent
    1. Bluewater (Floating Production) Limited 100% · UK · operation of Floating Production Storage and Offloading ('FPSO') facilities.
    2. Pierce Production Company Limited 100% · UK · operation of Floating Production Storage and Offloading ('FPSO') facilities.
    3. Bluewater Lancaster Production (UK) Limited 100% · UK · operation of Floating Production Storage and Offloading ('FPSO') facilities.

Significant events

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

People

2 active · 15 resigned

Name Role Appointed Born Nationality
VAN DE KORPUT, Adriaan Petrus Director 2017-11-02 Mar 1958 Dutch
VAN DER LAAN, Arie Adrianus Director 2018-01-12 Aug 1966 Dutch
Show 15 resigned officers
Name Role Appointed Resigned
BOWER, Edwin Matthew Secretary 2006-04-25 2009-03-13
PRITCHARD, Trevor Secretary 2003-09-22 2005-05-25
WILLIAMS, Peter John Secretary 2005-05-25 2006-04-25
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1996-09-17 1996-09-17
WFW LEGAL SERVICES LIMITED Corporate Secretary 1996-09-17 2003-09-22
BOWER, Edwin Matthew Director 2009-03-01 2009-10-08
DATEMA, Geert Director 2015-07-06 2017-11-02
DE KLERK, Maarten Arnout Director 2009-06-18 2015-07-06
DEVILEE, Robertus Leonardus Director 2014-01-13 2015-09-11
FROWEIN, Werner Karel Director 2015-09-11 2018-01-12
HARDEBOL, Jeroen Director 2009-10-08 2014-01-13
ROSS, Ian Wray Munro Director 1996-10-29 2012-06-30
VAN DE KORPUT, Adriaan Petrus Director 2003-11-01 2009-06-18
VAN TIGGELHOVEN, Willem Johannes Director 1996-09-17 1999-12-30
ZOON, Ruud Boudewijn Director 2000-01-01 2003-11-01

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 179 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-10-11 RESOLUTIONS Resolution
Date Type Category Description
2025-11-11 AD01 address Change registered office address company with date old address new address PDF
2025-09-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-15 AA accounts Accounts with accounts type full
2025-03-10 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-09-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-11 AA accounts Accounts with accounts type full
2023-10-13 SH19 capital Capital statement capital company with date currency figure
2023-10-11 SH20 capital Legacy
2023-10-11 CAP-SS insolvency Legacy
2023-10-11 RESOLUTIONS resolution Resolution
2023-09-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-24 AA accounts Accounts with accounts type full
2022-11-18 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-11-17 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-09-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-13 AA accounts Accounts with accounts type full
2021-09-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-08-23 AA accounts Accounts with accounts type full
2021-02-25 AA accounts Accounts with accounts type full
2020-09-15 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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