NORTH SEA ENERGY SERVICES LIMITED Financials
- Company number
- SC569304CopyCopy
- Registered office
- 10 Kirkton Avenue, Dyce, Aberdeen AB21 0BF
- Incorporated
- 21/06/2017
Company snapshot
- Status
- Active
- Employees
- 26 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-6.82%vs 20232023: £582.34K
Total Assets
23.97%vs 20232023: £1.99M
Cash in Bank
No changevs 20222022: £0.00
Total Liabilities
40.92%vs 20232023: £1.24M
Employees
+6vs 20232023: 20
In 2024, NORTH SEA ENERGY SERVICES LIMITED reported net assets of £542.63K. The same filing shows total assets of £2.47M, cash in bank of £0.00 and total liabilities of £1.74M. Reported headcount was 26 in 2024. Total Liabilities rose from £1.24M in 2023 to £1.74M in 2024 (40.92%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-6.82%from £582.34K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NORTH SEA ENERGY SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+40.2%vs 2022+18.4% a year compound (CAGR)
Total Assets
+38.6%vs 2022+17.7% a year compound (CAGR)
Total Liabilities
+36.8%vs 2022+17% a year compound (CAGR)
Employees
+30%vs 2022+6Biggest increase
Net Assets+40.2%
£387.14K in 2022 to £542.63K in 2024
Every indicator Okredo holds for NORTH SEA ENERGY SERVICES LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NORTH SEA ENERGY SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 21.95%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 70.49%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NORTH SEA ENERGY SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -65.22K | 387.14K | 582.34K | 542.63K |
| Total Assets£ | 427.64K | 1.78M | 1.99M | 2.47M |
| Cash in Bank£ | 0.00 | 0.00 | 0.00 | – |
| Total Liabilities£ | 444.59K | 1.27M | 1.24M | 1.74M |
| Employees | 12 | 20 | 20 | 26 |
NORTH SEA ENERGY SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NORTH SEA ENERGY SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
NORTH SEA ENERGY SERVICES LIMITED reported net assets of £542.63K for 2024. That compares with £582.34K in 2023, a change of -6.82%.
NORTH SEA ENERGY SERVICES LIMITED reported total assets of £2.47M for 2024. That compares with £1.99M in 2023, a change of 23.97%.
NORTH SEA ENERGY SERVICES LIMITED reported cash in bank of £0.00 for 2023. That compares with £0.00 in 2022.
NORTH SEA ENERGY SERVICES LIMITED reported 26 employees in 2024, compared with 20 in 2023.
Between 2022 and 2024, NORTH SEA ENERGY SERVICES LIMITED's net assets rose by 40.2%, total assets rose by 38.6%, total liabilities rose by 36.8% and employee numbers rose by 30%. Net assets compounded at 18.4% a year across the two years to 2024, from £387.14K to £542.63K. Reported headcount went from 20 in 2022 to 26 in 2024 (+6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.