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KNUTSEN OAS (UK) LIMITED

#03765737 · Active · Incorporated 1999-05-07 (27y 2m) · Last filing 2026-04-24 (3mo ago)
Industrials · SIC 50200 · H Transportation & Storage · Full accounts
Accounts due 2026-09-30 (in 3 months) · Confirmation due 2027-05-04 (in 10 months) · No watchouts on the register

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Cash

£231K

USD 309,000

-14.4% vs 2023

Net assets

£799K

USD 1,067,000

+0.9% vs 2023

Employees

6

+20% vs 2023

Profit before tax

£15K

USD 20,000

-81.3% vs 2023

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £574,936£619,853 +7.8%
Operating profit £64,381£1,497 -97.7%
Profit before tax £80,102£14,972 -81.3%
Net profit £56,146£6,738 -88%
Cash £270,250£231,322 -14.4%
Total assets less current liabilities £792,035£809,253 +2.2%
Net assets £792,035£798,772 +0.9%
Equity £792,035£798,772 +0.9%
Average employees 56 +20%
Wages £298,697£323,402 +8.3%
Directors' remuneration —— —

Figures converted to GBP from USD at 0.749 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

Ratios

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

Ratio Trend 2023-12-312024-12-31
Operating margin 11.2%0.2%
Net margin 9.8%1.1%
Return on capital employed 8.1%0.2%
Current ratio 3.07x3.51x
Interest cover 85.96x—

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

  1. KNUTSEN OAS (UK) LIMITED 1999-06-24 → present
  2. BETISSUE LIMITED 1999-05-07 → 1999-06-24

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Management have prepared cashflows projections to 31 December 2026 and have a reasonable expectation that the Company will be able to continue providing its management services at a mark-up driven profit. Further, as per the parental support letter, TS Shipping Invest AS will provide financial support, if required, covering the period to 31 December 2026. Having reviewed the financial position and made suitable enquires, the directors are satisfied that the financial statements should be prepared on a going concern basis. The financial statements have therefore been prepared under the going concern basis.”

Significant events

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

People

3 active · 7 resigned

Name Role Appointed Born Nationality
URHEIM, Harald Berge Secretary 2016-02-01 — —
SEGLEM, Synnove Director 2000-12-20 May 1980 Norwegian
SEGLEM, Trygve Director 1999-06-04 Mar 1951 Norwegian
Show 7 resigned officers
Name Role Appointed Resigned
WHITE, Sharon Secretary 1999-06-04 2001-03-26
WILMAN, Roger Secretary 2000-12-20 2016-01-25
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1999-05-07 1999-06-04
BEVERIDGE, Andrew Director 1999-06-04 2013-03-31
PACKER, Jonathan John Lewis Director 1999-06-04 2016-02-01
WILMAN, Roger Director 2000-12-20 2016-01-25
INSTANT COMPANIES LIMITED Corporate Nominee Director 1999-05-07 1999-06-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Trygve Seglem Individual Shares 50–75%, Voting 50–75% 2016-04-06 Active

Filing timeline

Last 20 of 160 total filings

Date Type Category Description
2026-04-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-09 AA accounts Accounts with accounts type full
2025-05-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-23 AD01 address Change registered office address company with date old address new address PDF
2024-10-08 AA accounts Accounts with accounts type full
2024-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-05 AA accounts Accounts with accounts type full
2023-04-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-13 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-02-13 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-08-15 AA accounts Accounts with accounts type full
2022-06-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-07-29 AA accounts Accounts with accounts type full
2021-07-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-03-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2021-02-10 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2020-09-23 AA accounts Accounts with accounts type full
2020-07-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-07-16 AA accounts Accounts with accounts type full
2019-05-22 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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