CENTURION SUBSEA SERVICES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-14 (in 4mo)
Last made up 2025-08-31
Watchouts
None on the register
Cash
£189K
Latest balance sheet
Net assets
£9M
Equity attributable
Employees
33
Average over period
Profit before tax
£2M
Period ending 2024-12-31
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £7,998,000 | £9,124,000 | |
| Operating profit | £1,421,000 | £1,557,000 | |
| Profit before tax | £1,420,000 | £1,552,000 | |
| Net profit | £1,369,000 | £1,551,000 | |
| Cash | £41,000 | £189,000 | |
| Total assets less current liabilities | £7,618,000 | £9,192,000 | |
| Net assets | £7,618,000 | £9,192,000 | |
| Equity | £7,618,000 | £9,192,000 | |
| Average employees | 29 | 33 | |
| Wages | £1,399,000 | £1,845,000 | |
| Directors' remuneration | £1,000,000 | £800,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 17.8% | 17.1% | |
| Net margin | 17.1% | 17.0% | |
| Return on capital employed | 18.7% | 16.9% | |
| Gearing (liabilities / total assets) | 52.2% | 39.7% | |
| Current ratio | 0.70x | 0.63x | |
| Interest cover | — | 389.25x |
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
- CENTURION SUBSEA SERVICES LIMITED 2022-06-13 → present
- SEANIC OCEAN SYSTEMS LIMITED 2017-08-14 → 2022-06-13
- UNDERWATER ENGINEERING SERVICES LIMITED 2004-08-31 → 2017-08-14
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company is in a net current liability position of £2,260k, however, having assessed the Group's financial position, trading prospects and liquidity position including possible downside scenarios as a result of a potential global economic slowdown, through the going concern period, being 12 months subsequent to the approval of these financial statements, the directors have developed a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Additionally, the directors have, at the time of approving the financial statements, developed a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and has obtained confirmation from the parent company (note 20) of continuing financial support in the 12 month period subsequent to the approval of these financial statements. Accordingly, the directors continue to adopt the going concern basis in their preparation of the annual financial statements.”
Significant events
- “Successfully completing the divestment of SITE in May 24”
- “A robust financial performance despite macroeconomic challenges”
- “Implementing the acquisition strategy expanding the Group's position in the renewables sector”
- “Increasing liquidity from the Group's international banking consortium”
- “Expanding operational capabilities in MENA and APAC with new facilities and locations”
- “Third shareholder distribution with limited leverage impact”
- “Significant contract wins in European offshore wind market for accommodation”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLACKWOOD PARTNERS LLP | Corporate Secretary | 2016-07-27 | — | — |
| HART, Adrian Scott | Director | 2025-06-25 | Sep 1977 | British |
| LEASK, Euan Alexander Edmondston | Director | 2012-06-28 | Dec 1972 | British |
| STARK, Jennifer Anne | Director | 2025-02-20 | Sep 1988 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURNESS PAULL LLP | Corporate Secretary | 2013-12-20 | 2016-07-27 |
| OSWALDS OF EDINBURGH LIMITED | Corporate Nominee Secretary | 2004-08-31 | 2004-08-31 |
| PAULL & WILLIAMSONS LLP | Corporate Secretary | 2012-06-28 | 2013-12-20 |
| WILSONE AND DUFFUS | Corporate Secretary | 2004-08-31 | 2012-06-28 |
| BLAIR, Jonathan James | Director | 2019-08-16 | 2020-03-16 |
| MOORHOUSE, Keith | Director | 2022-01-21 | 2025-06-25 |
| MOORHOUSE, Keith | Director | 2012-06-28 | 2019-08-16 |
| RIDDOCH, Jeffrey James | Director | 2006-10-25 | 2014-06-30 |
| RIDDOCH, Julia | Director | 2004-08-31 | 2012-06-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hsbc Corporate Trustee Company (Uk) Limited | Corporate entity | Shares 75–100% | 2022-08-03 | Active |
| Centurion Uk Rentals & Services Holdings Limited | Corporate entity | Voting 75–100%, Appoints directors | 2022-02-01 | Active |
| Atr Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-firm, Significant influence | 2016-04-06 | Ceased 2022-02-01 |
Filing timeline
Last 20 of 107 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-06-13 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-09-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-02 | AA | accounts | Accounts with accounts type full | |
| 2023-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-18 | AA | accounts | Accounts with accounts type full | |
| 2022-08-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-31 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-08-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-08-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-07-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-06-13 | CERTNM | change-of-name | Certificate change of name company | |
| 2022-03-25 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-03-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-11 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.