DOF SHIPOWNING UK LIMITED

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

• Turnover

  -26.1%

  £27,076,325 → £20,018,689

• Cash

  +61.9%

  £4,357,479 → £7,053,151

• Net assets

  -33.8%

  £86,523,884 → £57,257,980

• Employees

  -52.7%

  148 → 70

• Operating profit

  +1,103.1%

  -£3,426,777 → £34,374,673

• Profit before tax

  +1,332.6%

  -£2,777,155 → £34,230,395

• Wages

  -53.6%

  £10,405,173 → £4,823,204

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. DOF SHIPOWNING UK LIMITED 2024-11-01 → present
2. MAERSK SUPPLY SERVICE SUBSEA UK LIMITED 2015-10-27 → 2024-11-01

Accounting basis

FRS 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have obtained confirmation from the parent company, DOF Offshore UK Limited, that it will provide the necessary support to enable the Company to meet its obligations as they fall due. The confirmation is valid fora minimum of 12 months from the date of approval of the financial statements. Fellow Group Companies will not demand repayment of intercompany balances that would result in DOF Shipowning UK Limited being unable to meet its obligations as they fall due. After makingenquiries and reviewing budgets and cashflow forecasts, the directors have reasonable expectation that the Company has therefore a dequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “In July 2024, the previous Ultimate Parent Company announced that it has entered into a definitive agreement with DOF ASA, a Norwegian company listed on Nasdaq Oslo, with DOF ASA acquiring DOF Denmark A/S (formerly: Maersk Supply Service A/S - parent company for DOF Offshore UK Limited (formerly: Maersk Supply Service UK Limited), and by that indirectly DOF Shipowning UK Limited (formerly: Maersk Supply Service Subsea UK Ltd.). The transaction was closed on November 1, 2024.”
• “The Company paid out interim dividend of USD 85,000k to the parent company, DOF Offshore UK Limited.”
• “In June 2024, the company made a capital reduction of USD 95,000k (increasing reserves, in order to have sufficient reserves for dividend payment, according to Companies Act, 2006, Chapter 10, sections 641-644).”
• “One vessel was sold in March 2024 for an amount of USD 85.0 million, with a gain of USD 25.6 million.”
• “On March 27, 2025, DOF Group ASA successfully refinanced a significant portion of its debt. The new facility provides greater financial flexibility and supports the Group's long term capital structure.”

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

Filings

4

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.