CRYSTAL RIG III LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-07 (in 9mo)
Last made up 2026-01-24
Watchouts
None on the register
Cash
£424K
+42.3% vs 2023
Net assets
£1M
-36% vs 2023
Employees
—
Average over period
Profit before tax
£2M
-7.6% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £6,130,000 | £5,801,000 | |
| Operating profit | £3,655,000 | £3,338,000 | |
| Profit before tax | £2,575,000 | £2,379,000 | |
| Net profit | £1,911,000 | £1,743,000 | |
| Cash | £298,000 | £424,000 | |
| Total assets less current liabilities | £15,661,000 | £11,491,000 | |
| Net assets | £2,239,000 | £1,432,000 | |
| Equity | £2,239,000 | £1,432,000 | |
| Average employees | — | — | |
| 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-5.4%
£6,130,000 £5,801,000
-
Cash
+42.3%
£298,000 £424,000
-
Net assets
-36%
£2,239,000 £1,432,000
-
Employees
—
Not reported
-
Operating profit
-8.7%
£3,655,000 £3,338,000
-
Profit before tax
-7.6%
£2,575,000 £2,379,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 59.6% | 57.5% | |
| Net margin | 31.2% | 30.0% | |
| Return on capital employed | 23.3% | 29.0% | |
| Current ratio | 2.69x | 0.71x | |
| Interest cover | 3.26x | 3.26x |
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 1 time since incorporation
- CRYSTAL RIG III LIMITED 2012-11-28 → present
- FRED. OLSEN WIND 3 LIMITED 2009-01-23 → 2012-11-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- 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. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements, which indicate that, taking account of severe but plausible downsides, which include a reduction in electricity prices, the Company will have sufficient funds to meet its liabilities as they fall due for that period. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SIDHU, Simran Kaur | Secretary | 2018-08-09 | — | — |
| BOMSTAD, Fredrik | Director | 2022-08-24 | Feb 1985 | Norwegian |
| FIELD, Andrew James Darragh | Director | 2025-02-05 | Jul 1980 | British |
| HUNTER, Andrew John | Director | 2024-10-29 | Oct 1958 | British |
| SLAMINKA, Kim Pierre | Director | 2024-10-29 | May 1977 | Australian |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ACQUOKOH, Hannah Louisa | Secretary | 2018-04-30 | 2018-08-09 |
| BRUNT, David Charles | Secretary | 2013-05-30 | 2018-04-30 |
| EMERY, Nicholas Andrew | Secretary | 2009-01-23 | 2013-05-30 |
| ACQUOKOH, Hannah Louisa | Director | 2016-02-24 | 2018-04-30 |
| BERRY, Ian Graham | Director | 2018-04-30 | 2019-12-30 |
| BRANDVOLD, Ivar | Director | 2019-09-27 | 2025-02-05 |
| BRUNT, David Charles | Director | 2013-05-30 | 2019-09-27 |
| COUGHLAN, Kieran Joseph | Director | 2024-10-29 | 2026-05-07 |
| DOWLER, Jeremy | Director | 2009-01-23 | 2013-05-30 |
| EMERY, Nicholas Andrew | Director | 2009-01-23 | 2013-05-30 |
| FALKFJELL, Anders Knut | Director | 2016-02-24 | 2018-04-30 |
| MCLACHLAN, Sean Kent | Director | 2018-04-30 | 2023-03-06 |
| MINDELL, Belinda Rosemary | Director | 2013-05-30 | 2016-02-24 |
| MURRAY, Frederick Henry | Director | 2019-12-30 | 2020-09-08 |
| RUTH, Christian | Director | 2018-04-30 | 2022-08-31 |
| SHERVELL, Ian, Mr. | Director | 2020-09-08 | 2024-10-29 |
| SWALES, Gareth Mark | Director | 2016-02-24 | 2018-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fred. Olsen Cbh Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-11-13 | Active |
| Fred. Olsen Renewables Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-11-13 |
Filing timeline
Last 20 of 89 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-30 | AA | accounts | Accounts with accounts type full | |
| 2025-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-03 | AA | accounts | Accounts with accounts type full | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-07 | CH01 | officers | Change person director company with change date | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-03-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-18 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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.