THREE60 SUBSEA LIMITED Financials
- Company number
- SC406138CopyCopy
- Registered office
- Brodies House, 31-33 Union Grove, Aberdeen AB10 6SD
- Incorporated
- 25/08/2011
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-100.00%vs 20232023: £3.39M
Total Assets
21.41%vs 20232023: £3.80M
Cash in Bank
-89.24%vs 20232023: £2.52M
Total Liabilities
1.02K%vs 20232023: £410.65K
Employees
-1vs 20232023: 13
In 2024, THREE60 SUBSEA LIMITED reported net assets of £100.00. The same filing shows total assets of £4.61M, cash in bank of £271.37K and total liabilities of £4.61M. Reported headcount was 12 in 2024. Total Liabilities rose from £410.65K in 2023 to £4.61M in 2024 (1.02K%). 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
-100.00%from £3.39M 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 THREE60 SUBSEA LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-100%vs 2022-99.4% a year compound (CAGR)
Cash in Bank
-85.7%vs 2022-62.2% a year compound (CAGR)
Total Assets
+43.3%vs 2022+19.7% a year compound (CAGR)
Total Liabilities
+893%vs 2022+215% a year compound (CAGR)
Employees
-7.7%vs 2022-1Biggest increase
Total Liabilities+893%
£464.40K in 2022 to £4.61M in 2024
Biggest decrease
Net Assets-100%
£2.75M in 2022 to £100.00 in 2024
THREE60 SUBSEA LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THREE60 SUBSEA LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Liabilities to total assets
- 100.00%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.
- Cash to liabilities
- 5.89%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 5.89%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THREE60 SUBSEA 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£ | 2.08M | 2.75M | 3.39M | 100.00 |
| Total Assets£ | 2.48M | 3.22M | 3.80M | 4.61M |
| Cash in Bank£ | 1.14M | 1.90M | 2.52M | 271.37K |
| Total Liabilities£ | 387.27K | 464.40K | 410.65K | 4.61M |
| Employees | 11 | 13 | 13 | 12 |
THREE60 SUBSEA LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THREE60 SUBSEA LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THREE60 SUBSEA LIMITED reported net assets of £100.00 for 2024. That compares with £3.39M in 2023, a change of -100.00%.
THREE60 SUBSEA LIMITED reported total assets of £4.61M for 2024. That compares with £3.80M in 2023, a change of 21.41%.
THREE60 SUBSEA LIMITED reported cash in bank of £271.37K for 2024. That compares with £2.52M in 2023, a change of -89.24%.
THREE60 SUBSEA LIMITED reported 12 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, THREE60 SUBSEA LIMITED's net assets fell by 100%, cash in bank fell by 85.7%, total assets rose by 43.3% and total liabilities rose by 893%. Net assets contracted at 99.4% a year across the two years to 2024, from £2.75M to £100.00. Reported headcount went from 13 in 2022 to 12 in 2024 (-1).
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.