NEPTUNE SUBSEA ENGINEERING LTD
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Cash
£39K
-42.6% lowest in 3 filed years
Net assets
£1.6M
-1.5% lowest in 3 filed years
Employees
1
0% vs 2024
Profit before tax
-£24K
-242.9% vs 2024
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 | 2023-06-30 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £65,000 | — | — | — | |
| Operating profit | -£165,000 | -£7,000 | -£24,000 | -242.9% | |
| Profit before tax | -£165,000 | -£7,000 | -£24,000 | -242.9% | |
| Net profit | -£127,000 | -£7,000 | -£24,000 | -242.9% | |
| Cash | £97,000 | £68,000 | £39,000 | -42.6% | |
| Total assets less current liabilities | £1,590,000 | £1,583,000 | £1,559,000 | -1.5% | |
| Net assets | £1,590,000 | £1,583,000 | £1,559,000 | -1.5% | |
| Equity | £1,590,000 | £1,583,000 | £1,559,000 | -1.5% | |
| Average employees | 7 | 1 | 1 | 0% | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Net margin | -195.4% | — | — | |
| Return on capital employed | -10.4% | -0.4% | -1.5% | |
| Gearing (liabilities / total assets) | 19.7% | 19.6% | — | |
| Current ratio | 5.09x | 5.10x | 5.05x |
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. 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.
Name history
Renamed 1 time since incorporation
- NEPTUNE SUBSEA ENGINEERING LTD 2009-03-09 → present
- SUBSEA ENGINEERING SERVICES LIMITED 2002-08-07 → 2009-03-09
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Audit & Accountancy Limited
- 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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LC SECRETARIES LIMITED | Corporate Secretary | 2009-01-09 | — | — |
| STEPHEN, Kevin Alexander | Director | 2014-05-06 | Feb 1969 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHIAPPINI, Gabriel Mario | Secretary | 2009-05-19 | 2012-04-19 |
| LOUDEN, John Alexander | Secretary | 2012-04-19 | 2015-03-26 |
| PARKER, Hugh David | Secretary | 2002-08-07 | 2009-01-09 |
| FIRSTSCOTTISH SECRETARIES LIMITED | Corporate Secretary | 2002-08-07 | 2002-08-07 |
| CAVANAGH, David Luke | Director | 2019-11-07 | 2019-11-07 |
| DE LOUB, David Ross | Director | 2010-08-02 | 2011-07-29 |
| EDWARDS, Geoffrey | Director | 2009-01-09 | 2010-08-02 |
| FRASER, Allister William George | Director | 2002-08-07 | 2009-01-09 |
| KING, Robin Nigel | Director | 2011-07-29 | 2018-06-07 |
| LANGE, Christian Mark | Director | 2009-01-30 | 2010-11-24 |
| NAPIER, Colin Grant | Director | 2011-07-29 | 2014-01-06 |
| NEWMAN, Geoff | Director | 2010-11-24 | 2011-07-29 |
| PARKER, Hugh David | Director | 2002-08-07 | 2009-01-09 |
| ROBERTS-HARITONOV, Lev Uryevich, Dr | Director | 2018-06-07 | 2022-07-11 |
| ROSS, David Colin | Director | 2019-11-07 | 2024-11-22 |
| FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED | Corporate Nominee Director | 2002-08-07 | 2002-08-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Blossomvale Scotland Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-11-07 |
Filing timeline
Last 20 of 119 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-10 | AA | accounts | Accounts with accounts type full | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-08 | AA01 | accounts | Change account reference date company current extended | |
| 2024-08-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-07 | AA | accounts | Accounts with accounts type small | |
| 2023-12-14 | CH01 | officers | Change person director company with change date | |
| 2023-08-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-09 | CH01 | officers | Change person director company with change date | |
| 2023-08-07 | CH04 | officers | Change corporate secretary company with change date | |
| 2023-04-04 | AA | accounts | Accounts with accounts type small | |
| 2022-08-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-08 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-13 | CH01 | officers | Change person director company with change date | |
| 2022-03-21 | AA | accounts | Accounts with accounts type full | |
| 2021-08-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-07-01 | AA | accounts | Accounts with accounts type full | |
| 2020-11-23 | AA | accounts | Accounts with accounts type full | |
| 2020-08-11 | CS01 | confirmation-statement | Confirmation statement with updates |
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.