FLOATEL UK CONTRACTOR LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-30.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +4,422.6%

  £5,472 → £247,476

• Cash

  +12.4%

  £9,392 → £10,559

• Net assets

  —

  Not reported

• Employees

  0%

  2 → 2

• Operating profit

  +129.1%

  -£37,167 → £10,833

• Profit before tax

  +158.7%

  -£45,716 → £26,840

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

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.

1. FLOATEL UK CONTRACTOR LIMITED 2015-06-15 → present
2. FLOATEL TLB UK LIMITED 2015-03-18 → 2015-06-15

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has entered into a cash management agreement with its parent company where Floatel International Ltd undertake to provide necessary liquidity. The board has therefore reasonable expectation for the company to be able to pay its liabilities when due. The company has been awarded two contracts in Q3 of 2023 for execution in 2024.”

Significant events

• “Effective as of 1 December 2023, the company entered into a Technical management agreement with Floatel Triumph Ltd to manage the vessel Triumph during the transit from Australia to Norway and during the periodic survey.”
• “The company has also entered into agreements with customers for operations to be performed during FY2024.”
• “The company has been awarded two contracts in Q3 of 2023 for execution in 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.