CONNECTOR SUBSEA SOLUTIONS (UK) LTD
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Cash
£1.9m
highest in 6 filed years
Net assets
£5.7m
highest in 6 filed years
Employees
33
Average over period
Profit before tax
£3.3m
Period ending 2025-12-31
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £13,015,908 | £10,895,214 | — | |
| Operating profit | — | — | — | — | £2,806,512 | £3,282,835 | — | |
| Profit before tax | — | — | — | — | £2,806,512 | £3,298,308 | — | |
| Net profit | — | — | — | — | £2,223,934 | £2,222,468 | — | |
| Cash | £252,641 | £168,325 | £19,760 | £785,255 | £1,316,403 | £1,852,114 | — | |
| Total assets less current liabilities | £73,992 | £15,543 | -£31,602 | £1,325,231 | £3,537,165 | £5,755,633 | — | |
| Net assets | £33,219 | -£24,371 | -£62,602 | £1,284,231 | £3,508,165 | £5,730,633 | — | |
| Equity | £33,219 | -£24,371 | -£62,602 | £1,284,231 | £3,508,165 | £5,730,633 | — | |
| Average employees | 23 | 22 | 24 | 29 | 33 | 33 | — | |
| Wages | — | — | — | — | £2,064,408 | £1,987,009 | — | |
| Directors' remuneration | — | — | — | — | £132,208 | £138,208 | — | |
| Directors' pension contributions | £NaN | £NaN | £NaN | £NaN | £40,581 | £49,191 | — |
Values shown as filed in the company's annual accounts. — 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 —. Year-on-year comparison hidden: this filing covers about 24 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 21.6% | 30.1% | |
| Net margin | — | — | — | — | 17.1% | 20.4% | |
| Return on capital employed | — | — | — | — | 79.3% | 57.0% | |
| Gearing (liabilities / total assets) | 97.8% | 101.3% | 102.7% | 63.2% | 55.4% | 40.6% | |
| Current ratio | — | — | — | — | 1.50x | 2.17x |
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
- Edwards
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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
- “The company has committed resource to further develop new and enhance existing products to reinforce the competitive edge of the company's product range. Research and development expenditure will remain at similar levels to 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HANSON, Ivar Kjaervik | Director | 2017-09-20 | Dec 1964 | Norwegian |
| PATEL, Nitin | Director | 2017-09-20 | Mar 1971 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KEEBLE, Stuart Thomas | Director | 2017-09-20 | 2023-02-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Pal Magne Hisdal | Individual | Shares 25–50%, Voting 25–50% | 2023-10-17 | Active |
| Mrs Trude Hisdal | Individual | Shares 25–50%, Voting 25–50% | 2023-10-17 | Active |
| Mrs Trine Hisdal | Individual | Shares 25–50%, Voting 25–50% | 2023-10-17 | Active |
Filing timeline
Last 20 of 38 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-25 RESOLUTIONS Resolution
- 2025-06-25 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2025-10-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-27 | CH01 | officers | Change person director company with change date | |
| 2025-06-25 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-25 | MA | incorporation | Memorandum articles | |
| 2025-05-23 | AA | accounts | Accounts with accounts type small | |
| 2025-04-07 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-07 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-07 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-03 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-25 | CH01 | officers | Change person director company with change date | |
| 2024-10-25 | CH01 | officers | Change person director company with change date | |
| 2024-07-09 | AA | accounts | Accounts with accounts type small | |
| 2023-11-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-23 | CH01 | officers | Change person director company with change date | |
| 2023-11-23 | CH01 | officers | Change person director company with change date | |
| 2023-09-26 | AA | accounts | Accounts with accounts type small | |
| 2023-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-20 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.