HELIX ROBOTICS SOLUTIONS LIMITED
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Cash
£20m
+78.5% highest in 3 filed years
Net assets
£131m
+48.8% highest in 3 filed years
Employees
49
+11.4% highest in 3 filed years
Profit before tax
£57m
+97.6% highest in 3 filed years
Watch the reel
Our short-form breakdown of HELIX ROBOTICS SOLUTIONS LIMITED's latest filing
Helix Robotics Solutions saw a massive 50% jump in turnover as their subsea trenching vessels stayed busy. But the £46.7m operating profit tells only half the story — the wider group structure absorbed almost all of it below the line. 🌊🤖
Net assets
3-year trend · vs Industrials 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 | £119,487,763 | £146,427,000 | £219,939,000 | +50.2% | |
| Operating profit | £23,976,310 | £37,594,000 | £63,307,000 | +68.4% | |
| Profit before tax | £19,159,868 | £28,919,000 | £57,144,000 | +97.6% | |
| Net profit | £12,900,063 | £22,510,000 | £42,801,000 | +90.1% | |
| Cash | £5,534,201 | £11,077,000 | £19,769,000 | +78.5% | |
| Total assets less current liabilities | £100,896,611 | £155,199,000 | £204,594,000 | +31.8% | |
| Net assets | £51,159,398 | £87,728,000 | £130,529,000 | +48.8% | |
| Equity | £51,159,398 | £87,728,000 | £130,529,000 | +48.8% | |
| Average employees | 37 | 44 | 49 | +11.4% | |
| Wages | £2,658,456 | £4,429,000 | £4,770,000 | +7.7% | |
| Directors' remuneration | £881,707 | £1,150,000 | £1,202,000 | +4.5% | |
| Directors' pension contributions | £29,809 | £29,449 | £29,685 | +0.8% | |
| Highest paid director | £316,912 | £330,309 | £321,336 | -2.7% |
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 | 20.1% | 25.7% | 28.8% | |
| Net margin | 10.8% | 15.4% | 19.5% | |
| Return on capital employed | 23.8% | 24.2% | 30.9% | |
| Gearing (liabilities / total assets) | 62.0% | 45.3% | 34.1% | |
| Current ratio | 1.74x | 2.75x | 3.42x | |
| Interest cover | 4.18x | 4.33x | 8.85x |
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.
Name history
Renamed 2 times since incorporation
- HELIX ROBOTICS SOLUTIONS LIMITED 2019-07-30 → present
- CANYON OFFSHORE LIMITED 2000-09-29 → 2019-07-30
- SEACOTE LIMITED 2000-08-31 → 2000-09-29
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Audit & Accountancy Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons.”
Significant events
- “On 23 April 2026, Helix Energy Solutions Group, Inc and Hornbeck Offshore Services, Inc announced both parties entered into an agreement to establish a premier integrated offshore services company.”
- “Subject to shareholder approval, Hornbeck and Helix shareholders will own 55% and 45% of the company respectively. The transaction is expected to close later in 2026.”
- “The Company also signed a new vessel contract lease in Q1 of 2025 with the vessel delivered for service in early 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2012-08-16 | — | — |
| AYLMER, Gary Michael | Director | 2015-07-10 | Jan 1967 | British |
| DAVIES, John | Director | 2017-09-11 | May 1969 | British |
| ERIKSSON, Kjell Thomas | Director | 2017-08-25 | Mar 1972 | Swedish |
| HORNBECK, Todd Milton | Director | 2026-09-01 | Jun 1968 | American |
| JR, Michael Joseph Nicaud | Director | 2026-09-01 | Dec 1978 | American |
| ROBERTS, Euan James | Director | 2014-09-15 | Apr 1976 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CONNOR III, James Lewis | Secretary | 2005-01-02 | 2006-07-01 |
| MORONEY, Jill Lea | Nominee Secretary | 2000-08-31 | 2000-09-18 |
| O'CARROLL, Martin Christopher | Secretary | 2000-09-18 | 2005-01-02 |
| MD SECRETARIES LIMITED | Corporate Secretary | 2006-07-01 | 2012-08-16 |
| MD SECRETARIES LIMITED | Corporate Secretary | 2006-07-01 | 2006-07-01 |
| BUSTER III, H Clifford | Director | 2007-05-01 | 2008-10-24 |
| CHAMBLEE, Clifford Voss | Director | 2006-06-13 | 2015-05-11 |
| EDMONSTONE, Ian Richard | Director | 2014-09-15 | 2020-01-31 |
| EDWARDS, John Shaw | Director | 2000-09-18 | 2005-01-02 |
| FERRON, Martin Robert | Director | 2005-01-02 | 2008-02-04 |
| HAJDIK, Lloyd | Director | 2008-10-24 | 2013-04-10 |
| HEIJERMANS, Bart Herman | Director | 2007-06-18 | 2011-01-21 |
| JOHNSON, Alisa Berne | Director | 2007-11-08 | 2019-05-01 |
| KRATZ, Owen Eugene | Director | 2008-02-04 | 2026-09-01 |
| KRATZ, Owen Eugene | Director | 2005-01-02 | 2007-11-08 |
| MCNIVEN, Alan Ross | Nominee Director | 2000-08-31 | 2000-09-18 |
| NEIKIRK, Kenneth English | Director | 2019-05-01 | 2026-09-01 |
| O'CARROLL, Martin Christopher | Director | 2000-09-18 | 2006-04-30 |
| SPARKS, Scott Andrew | Director | 2014-09-15 | 2014-09-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Helix Robotics Solutions, Inc. | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 123 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-15 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-09-01 | AA | accounts | Accounts with accounts type full | |
| 2026-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | AA | accounts | Accounts with accounts type full | |
| 2025-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-09 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-07 | AA | accounts | Accounts with accounts type full | |
| 2024-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2023-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-07 | AA | accounts | Accounts with accounts type full | |
| 2022-08-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-10-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-10-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-10-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.