BORR DRILLING MANAGEMENT (UK) LIMITED
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Cash
£222k
USD 299,000
+2,434.5% highest in 3 filed years
Net assets
£14m
USD 18,574,000
+132% highest in 3 filed years
Employees
16
+14.3% highest in 3 filed years
Profit before tax
£6.3m
USD 8,468,000
+525.6% highest in 3 filed years
Net assets
3-year trend · vs Energy median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £23,811,578 | £20,891,436 | £39,760,297 | +90.3% | |
| Operating profit | £1,133,511 | £994,906 | £1,096,104 | +10.2% | |
| Profit before tax | £1,187,637 | £1,004,457 | £6,284,230 | +525.6% | |
| Net profit | £1,187,637 | £445,718 | £6,299,072 | +1,313.2% | |
| Cash | £214,936 | £8,755 | £221,892 | +2,434.5% | |
| Total assets less current liabilities | £8,291,497 | £5,941,579 | £13,784,045 | +132% | |
| Net assets | £8,291,497 | £5,941,579 | £13,784,045 | +132% | |
| Equity | £8,291,497 | £5,941,579 | £13,784,045 | +132% | |
| Average employees | 15 | 14 | 16 | +14.3% | |
| Wages | £7,694,540 | £4,473,098 | £4,178,108 | -6.6% | |
| Directors' remuneration | £1,575,149 | £853,231 | £753,989 | -11.6% | |
| Directors' pension contributions | £19,611 | £29,449 | £25,974 | -11.8% | |
| Highest paid director | £694,227 | £628,781 | £522,449 | -16.9% |
Figures converted to GBP from USD at 0.742 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.8% | 4.8% | 2.8% | |
| Net margin | 5.0% | 2.1% | 15.8% | |
| Return on capital employed | 13.7% | 16.7% | 8.0% | |
| Gearing (liabilities / total assets) | 76.9% | 64.0% | 22.8% | |
| Current ratio | 1.29x | 1.53x | 3.82x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, based on the current financial projections and the facilities available, in addition to taking into account reasonably possible changes in trading performance and making enquiries, believe that the Company has adequate financial resources to continue in operation”
Group structure
- BORR DRILLING MANAGEMENT (UK) LIMITED · parent
- Borr Drilling Management AS 100%
- Borr Drilling Management DMCC 100%
Significant events
- “Addition for the year ended December 31, 2025 include Borr Drilling Management AS for a consideration of USD $2,821,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRODIES SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2019-12-30 | — | — |
| LESLIE, Donna | Director | 2024-12-18 | Dec 1983 | British |
| TINDALL, Christopher David | Director | 2025-06-20 | May 1993 | British |
| TOBING, Joseph Amudi Lumban | Director | 2019-12-30 | May 1973 | Indonesian |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CABLE, Kathleen Teresa | Director | 2024-05-08 | 2024-12-18 |
| HINGLEY-WILSON, Robert David | Director | 2019-12-30 | 2021-04-30 |
| LIE, Andreas Lavik | Director | 2019-12-30 | 2025-06-20 |
| LUNDETRAE, Rune Magnus | Director | 2017-05-08 | 2019-12-30 |
| MAIER, Svend Anton | Director | 2017-05-08 | 2019-12-30 |
| PINHEIRO EVANGELISTA MOTHE, Karla | Director | 2023-01-04 | 2024-05-08 |
| SOUSA, Georgina Elizabeth | Director | 2021-04-30 | 2023-01-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Borr Drilling Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-08 | Active |
Filing timeline
Last 20 of 46 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-02 | AA | accounts | Accounts with accounts type full | |
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-21 | AA | accounts | Accounts with accounts type full | |
| 2024-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-29 | CH01 | officers | Change person director company with change date | |
| 2023-07-12 | AA | accounts | Accounts with accounts type full | |
| 2023-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-24 | AA | accounts | Accounts with accounts type full | |
| 2022-05-18 | CH01 | officers | Change person director company with change date | |
| 2022-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.