NORMAND MAXIMUS LIMITED

• ⚠

  Accounts not prepared on a going-concern basis

  The Company's trade has ceased, and the Directors intend to take appropriate actions to liquidate the Company, so do not consider it appropriate to adopt the going concern basis of accounting. Accordingly, the financial statements have been prepared on a break-up basis.

• ·

  Going-concern uncertainty disclosed

Figures converted to GBP from USD at 0.743 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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Not a going concern (break-up basis)

“The Company's trade has ceased, and the Directors intend to take appropriate actions to liquidate the Company, so do not consider it appropriate to adopt the going concern basis of accounting. Accordingly, the financial statements have been prepared on a break-up basis.”

Group structure

1. NORMAND MAXIMUS LIMITED · parent
   1. Normand Maximus Operations Limited 100% · Scotland · operation of the Normand Maximus

Significant events

• “Subsequent to the year end, as part of the planned liquidation process, the Company entered into an agreement effective from 1 January 2026 with its parent undertaking, Solstad Subsea Holding AS, under which the parent will settle any expenses incurred by the Company. Amounts paid by the parent will not be reimbursed by the Company.”
• “The Company intends to initiate a voluntary liquidation process following the completion and approval of these financial statements. The parent undertaking, Solstad Subsea Holding AS, has committed to settle all expenses incurred by the Company during the liquidation process.”

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

Filings

4

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.