BLUEWATER (FLOATING PRODUCTION) LIMITED
Get an alert when BLUEWATER (FLOATING PRODUCTION) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-27 (in 7mo)
Last made up 2025-12-13
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£4M
+4.1% vs 2023
Employees
0
Average over period
Profit before tax
£189K
-19.9% vs 2023
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £25,110,000 | £20,124,000 | |
| Operating profit | £651,000 | £186,000 | |
| Profit before tax | £236,000 | £189,000 | |
| Net profit | £180,000 | £142,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £3,466,000 | £3,608,000 | |
| Net assets | £3,466,000 | £3,608,000 | |
| Equity | £3,466,000 | £3,608,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| 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
-
Turnover
-19.9%
£25,110,000 £20,124,000
-
Cash
—
Not reported
-
Net assets
+4.1%
£3,466,000 £3,608,000
-
Employees
—
Not reported
-
Operating profit
-71.4%
£651,000 £186,000
-
Profit before tax
-19.9%
£236,000 £189,000
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.6% | 0.9% | |
| Net margin | 0.7% | 0.7% | |
| Return on capital employed | 18.8% | 5.2% | |
| Current ratio | 14.08x | 17.78x | |
| Interest cover | 1.57x | — |
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.
Name history
Renamed 1 time since incorporation
- BLUEWATER (FLOATING PRODUCTION) LIMITED 1997-01-17 → present
- RACKGLASS LIMITED 1996-12-13 → 1997-01-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The FPSO Bleo Holm is expected to continue in bareboat charter arrangement for the foreseeable future, under the current contract with Repsol which is due to end on 30 September 2026. The directors are also pursuing contract extensions to ensure the longer term future.”
- “In 2024 the FPSO rental agreement was extended until 30 September 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 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 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWER, Edwin Matthew | Secretary | 2006-04-25 | 2009-06-18 |
| 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 | 1996-12-13 | 1997-01-09 |
| WFW LEGAL SERVICES LIMITED | Corporate Secretary | 1997-01-09 | 2003-09-22 |
| BOWER, Edwin Matthew | Director | 2009-06-18 | 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 | 1997-01-09 | 2012-06-30 |
| VAN DE KORPUT, Adriaan Petrus | Director | 2003-11-01 | 2009-06-18 |
| VAN TIGGELHOVEN, Willem Johannes | Director | 1997-01-09 | 1999-12-30 |
| ZOON, Ruud Boudewijn | Director | 2000-01-01 | 2003-11-01 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1996-12-13 | 1997-01-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bluewater Services (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 143 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 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 | |
| 2025-03-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-11 | AA | accounts | Accounts with accounts type full | |
| 2023-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-24 | AA | accounts | Accounts with accounts type full | |
| 2022-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-06-13 | AA | accounts | Accounts with accounts type full | |
| 2021-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-23 | AA | accounts | Accounts with accounts type full | |
| 2021-02-25 | AA | accounts | Accounts with accounts type full | |
| 2020-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.