ORCA BIDCO LIMITED

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  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the letter of support received the directors are satisfied that, taking account of reasonably foreseeable changes in trading performance this Company is expected to have a sufficient level of financial resources available through trading and operations and with support provided by CA-MC Acquisitions Limited to continue in operational existence and meet its liabilities as they fall due for at least the next 12 months from the date of approval of the financial statements and for this reason they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. ORCA BIDCO LIMITED · parent
   1. OpSec Security Group Ltd 100% · Great Britain · Holding Company
   2. OpSec Security Group Holdings (Europe) Ltd 100% · Great Britain · Holding Company
   3. OpSec Security Ltd 100% · Great Britain · Manufacturer of optical security products
   4. OpSec Security GmbH 100% · Germany · Provider of internet monitoring services
   5. OpSec Delta (HK) Ltd 100% · Hong Kong · Distribution of brand protection products
   6. OpSec Security Malta Ltd 100% · Malta · Distribution of high security products
   7. OpSec Online Ltd 100% · Great Britain · Internet monitoring services
   8. OpSec Online Aps 100% · Denmark · Internet monitoring services
   9. UAB OpSec Online 100% · Lithuania · Internet monitoring services
   10. OpSec Security Vietnam Company Limited 100% · Vietnam · Distribution of brand protection products
   11. OpSec Online India Private Limited 100% · India · Internet monitoring services and software development
   12. Shanghai OpSec Security Information Technology Co Limited 100% · China · Distribution of brand protection products and internet monitoring services
   13. OpSec Security Mozambique Limitada 0.35% · Mozambique · Distribution of government solutions products

Significant events

• “On 17 June 2024, the Company changed the financial year end date of the Company from 31 March to 31 December commencing from the period from 1 April 2024 to 31 December 2024 to align the financial year end date of the Company with that of the Group.”
• “On 3 May 2024 the Company and its subsidiaries was sold to CA-MC Acquisition UK Limited, a subsidiary of Crane NXT, a company incorporated in the United States of America, for a cash consideration of $270m.”
• “In May 2024 subsidiary entities within OpSec Security Group Limited ("OSGL") (a wholly owned subsidiary of Orca Bidco Limited) were sold to Crane NXT for consideration of $190m.”
• “As part of the structure of this sale, Orca received a dividend from OSGL of $114,418,000 to settle the intercompany loan made to Orca from CA-MC Acquisition UK Limited and paid a divided to CA-MC Acquisition UK Limited of $26,772,000. In addition a further dividend was declared by OSGL to Orca of $17,575,000 but not paid and set-off against an existing payable from Orca to OSGL.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.