SELECT OFFSHORE LTD

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

• Turnover

  +51.2%

  £21,623,657 → £32,692,867

• Cash

  -53.1%

  £156,035 → £73,217

  lowest in 5 filed years

• Net assets

  +8.7%

  £2,522,550 → £2,741,585

  highest in 5 filed years

• Employees

  +59.3%

  27 → 43

  highest in 5 filed years

• Operating profit

  -0.5%

  £1,602,039 → £1,593,646

• Profit before tax

  -6.8%

  £1,541,334 → £1,436,935

• Wages

  +76.6%

  £1,330,247 → £2,349,391

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

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.

1. SELECT OFFSHORE LTD 2017-06-07 → present
2. SELECT OIL AND GAS LIMITED 2013-10-07 → 2017-06-07
3. SELECT WORLDWIDE COMMODITIES LTD 2013-08-01 → 2013-10-07

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Affinia (Chelmsford)

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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

• “Gross profit has grown by 50% year on year, maintained at a stable percentage at 15.6% of revenue. Growth in both revenue and gross profit has been driven by expanding and developing existing client relationships and attracting new clients to the business that we didn't previously work with.”

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

Filings

5

last 12 months

Capital events

2

last 24 months

Officers appointed

1

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.