LOC GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-19 (in 7mo)
Last made up 2025-12-05
Watchouts
Cash
£64K
+250.2% vs 2023
Net assets
£8M
+56.8% vs 2023
Employees
0
Average over period
Profit before tax
£104K
+120.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £0 | £0 | |
| Operating profit | — | -£500,127 | £103,642 | |
| Profit before tax | — | -£500,127 | £103,642 | |
| Net profit | — | -£500,127 | £103,642 | |
| Cash | — | £18,415 | £64,492 | |
| Total assets less current liabilities | — | £5,241,729 | £8,221,495 | |
| Net assets | — | £5,241,729 | £8,221,495 | |
| Equity | £5,741,856 | £5,241,729 | £8,221,495 | |
| 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
—
Not reported
-
Cash
+250.2%
£18,415 £64,492
-
Net assets
+56.8%
£5,241,729 £8,221,495
-
Employees
—
Not reported
-
Operating profit
+120.7%
-£500,127 £103,642
-
Profit before tax
+120.7%
-£500,127 £103,642
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 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Return on capital employed | — | -9.5% | 1.3% | |
| Current ratio | — | 0.97x | 1.05x |
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
- LOC GROUP LIMITED 2004-09-21 → present
- LAWGRA (NO.1084) LIMITED 2003-12-05 → 2004-09-21
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Wellden Turnbull Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company was profit making in the period and is in a net current asset and net asset position at the year end date. The financial statements have been prepared on a going concern basis. In assessing the appropriateness of the going concern basis of preparation the Directors have taken into account the key risks of the business as well as the availability of cash resources. The ultimate parent company is ABL Group ASA ("ABL"), a public company listed on the Oslo stock exchange. ABL has provided a letter of support confirming its intention to provide sufficient financial support to the Company to enable it to meet its liabilities as they fall due for at least 12 months from the date of signing the financial statements.”
Group structure
- LOC GROUP LIMITED · parent
- London Offshore Consultants (Holdings) Ltd 100%
- Longitude Consultancy Holdings Ltd 100%
- London Offshore Consultants (Nigeria) Ltd. 99%
- London Offshore Consultants Brasil Ltda. 88%
- ABL Aberdeen Limited 100%
- London Offshore Consultants (Hong Kong) Ltd. 100%
- London Offshore Consultants (India) Pvt. Ltd. 99.995%
- ABL (Australasia) Pty Ltd. 100%
- LOC (Kazakhstan) LLP 100%
- London Offshore Consultants (Korea) Ltd. 100%
- London Offshore Consultants (Malaysia) SDN BHD 49%
- LOC (Germany) GmbH 100%
- London Offshore Consultants (Mexico) SA de CV. 99.9%
- LOC (Egypt) For Consultancy Service SAE. 60%
- LOC (Netherlands) BV. 100%
- LOC (Laem Chabang) Co. Ltd. (Thailand) 99.993%
- London Offshore Consultants (Guernsey) Ltd. 99%
- London Offshore Consultants WLL (Abu Dhabi, UAE) 49%
- ABL Norway AS 100%
- London Offshore Consultants Pte Ltd. (Singapore) 100%
- LOC (Tianjin) Co Ltd 100%
- LOC (Tianjin) Risk Technology Service Co Ltd 100%
- ABL USA Inc. 100%
- LOC JLA Inc 100%
- John Le Bourhis & Associates Inc 100%
- Innosea SAS 100%
- Innosea Limited 100%
- London Offshore Consultants Ltd. (UK) 100%
- London Offshore Consultants (France) SARL 100%
- LOC (Senegal) 100%
- Longitude Engineering de Mexico SA de CV (Mexico) 99%
- Longitude Consulting Engineers Ltd. (UK) 100%
- Longitude Engineering PTE Ltd. (Singapore) 100%
- Longitude Consultants Inc. (USA) 100%
- Hidromod- Modelacao em Engenharia, Lda (Portugal) 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AHILAN, Rajapillai Veluppillai, Dr | Director | 2020-03-30 | May 1960 | British |
| CUMMINS, Ian | Director | 2022-12-05 | May 1969 | British |
| KNOTTENBELT, David Prakash | Director | 2024-01-18 | Jul 1976 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUTT, Nadim | Secretary | 2004-12-10 | 2020-05-31 |
| LAWGRAM SECRETARIES LIMITED | Corporate Nominee Secretary | 2003-12-05 | 2004-12-09 |
| ANDERSON, Jake Spencer | Director | 2014-02-24 | 2016-12-01 |
| BAGGALEY, Peter Duncan | Director | 2014-02-24 | 2016-12-01 |
| BALLANDS, David | Director | 2004-10-11 | 2016-12-01 |
| BUTT, Nadim | Director | 2004-12-10 | 2020-05-31 |
| GUEST, Edward Melville Horatio | Director | 2015-04-07 | 2019-04-01 |
| HARRISON, Alexander Raymond | Director | 2011-09-01 | 2016-12-01 |
| HASLAM, Nick | Director | 2014-02-24 | 2016-12-01 |
| HOLLOWAY, Peter Stuart | Director | 2004-10-11 | 2014-12-31 |
| MILES, Paul Nigel | Director | 2011-09-01 | 2016-12-01 |
| OUIN, Charles Nigel | Director | 2009-07-01 | 2016-12-01 |
| POCKETT, David Ashley | Director | 2004-10-11 | 2007-03-30 |
| POINTING, Andrew | Director | 2014-02-24 | 2016-12-01 |
| SEGAL, Reuben | Director | 2020-12-21 | 2024-06-11 |
| SQUIRE, Andrew John | Director | 2004-10-11 | 2020-12-21 |
| WALKER, Jonathan Mark | Director | 2004-10-11 | 2016-12-01 |
| WELLS, David | Director | 2020-12-21 | 2023-02-15 |
| ZUZIC, Dean | Director | 2020-12-21 | 2022-08-12 |
| WHALE ROCK DIRECTORS LIMITED | Corporate Nominee Director | 2003-12-05 | 2004-10-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Abl Group Asa | Corporate entity | Significant influence | 2020-12-21 | Ceased 2026-04-09 |
| Neptune Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 137 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-11 | AA | accounts | Accounts with accounts type full | |
| 2025-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-05-21 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2025-02-03 | AA | accounts | Accounts with accounts type full | |
| 2024-12-06 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-03 | SH01 | capital | Capital allotment shares | |
| 2024-07-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-02 | AA | accounts | Accounts with accounts type full | |
| 2023-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-05-01 | CH01 | officers | Change person director company with change date | |
| 2023-02-22 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- 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.