TECHNIPFMC ISLAND OFFSHORE SUBSEA UK LIMITED

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

• Turnover

  +34.9%

  £7,338,755 → £9,901,964

  highest in 3 filed years

• Cash

  +24.4%

  £6,857,394 → £8,530,817

  highest in 3 filed years

• Net assets

  -8.2%

  £6,534,432 → £6,000,468

• Employees

  -12.5%

  8 → 7

• Operating profit

  -148.3%

  £2,336,700 → -£1,129,576

  lowest in 3 filed years

• Profit before tax

  -130.2%

  £2,574,448 → -£777,592

  lowest in 3 filed years

• Wages

  +6.7%

  £384,013 → £409,907

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. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the member's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. The directors, having made due and careful enquiry, are of the opinion that the company has adequate working capital to execute its operations for at least a period of 12 months following the date of approval of these financial statements. Post year end the company continues to trade profitably. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result, the directors have continued to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “Activity levels in 2024 have been strong, following the successful execution of the first RLCT operation in UK waters.”

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.