offshore support vessels iv limited
offshore support vessels iv limited Company Information
Company Number
00881850
Next Accounts
91 days late
Industry
Support activities for petroleum and natural gas extraction
Shareholders
vroon offshore uk ltd
Group Structure
View All
Contact
Registered Address
c/o endeavour partnership llp, tobias house, st mark's court, teesside, TS17 6QW
Website
-offshore support vessels iv limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE SUPPORT VESSELS IV LIMITED at £0 based on a Turnover of £0 and 0.75x industry multiple (adjusted for size and gross margin).
offshore support vessels iv limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE SUPPORT VESSELS IV LIMITED at £0 based on an EBITDA of £-12.2k and a 2.44x industry multiple (adjusted for size and gross margin).
offshore support vessels iv limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE SUPPORT VESSELS IV LIMITED at £1.4m based on Net Assets of £936k and 1.47x industry multiple (adjusted for liquidity).
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Offshore Support Vessels Iv Limited Overview
Offshore Support Vessels Iv Limited is a live company located in teesside, TS17 6QW with a Companies House number of 00881850. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in June 1966, it's largest shareholder is vroon offshore uk ltd with a 100% stake. Offshore Support Vessels Iv Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Offshore Support Vessels Iv Limited Health Check
Pomanda's financial health check has awarded Offshore Support Vessels Iv Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 1 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Offshore Support Vessels Iv Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Offshore Support Vessels Iv Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Offshore Support Vessels Iv Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Offshore Support Vessels Iv Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
- Offshore Support Vessels Iv Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Offshore Support Vessels Iv Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Offshore Support Vessels Iv Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Offshore Support Vessels Iv Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Offshore Support Vessels Iv Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Offshore Support Vessels Iv Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (9 weeks)
- - Offshore Support Vessels Iv Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.2%, this is a lower level of debt than the average (58.3%)
- - Offshore Support Vessels Iv Limited
- - Industry AVG
OFFSHORE SUPPORT VESSELS IV LIMITED financials
Offshore Support Vessels Iv Limited's latest turnover from December 2022 is 0 and the company has net assets of £936 thousand. According to their latest financial statements, we estimate that Offshore Support Vessels Iv Limited has 1 employee and maintains cash reserves of £4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 6,584,000 | 15,561,000 | 14,599,000 | 14,964,000 | 14,230,000 | 14,652,000 | 16,586,000 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 0 | 5,688,000 | 13,289,000 | 13,091,000 | 12,553,000 | 13,067,000 | 13,575,000 | 16,591,000 | ||||||
| Gross Profit | 0 | 896,000 | 2,272,000 | 1,508,000 | 2,411,000 | 1,163,000 | 1,077,000 | -5,000 | ||||||
| Admin Expenses | 0 | 48,000 | 619,000 | 585,000 | 697,000 | 655,000 | ||||||||
| Operating Profit | 0 | 1,460,000 | 1,792,000 | 578,000 | 380,000 | -660,000 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 10,000 | 87,000 | 89,000 | 115,000 | 115,000 | |||||
| Interest Receivable | 0 | 0 | 41,000 | 12,000 | 7,000 | 14,000 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | -12,000 | 0 | 2,307,000 | 2,219,000 | 1,457,000 | 1,719,000 | 563,000 | 254,000 | 678,000 | |||||
| Tax | 0 | 0 | 0 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -3,000 | |||||
| Profit After Tax | -12,000 | 0 | 2,307,000 | 2,218,000 | 1,456,000 | 1,718,000 | 562,000 | 253,000 | 675,000 | |||||
| Dividends Paid | 0 | 0 | 2,700,000 | 2,500,000 | 1,713,000 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | -12,000 | 0 | -393,000 | -282,000 | -257,000 | 1,718,000 | 562,000 | 253,000 | 675,000 | |||||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Number Of Employees | ||||||||||||||
| EBITDA* | 0 | 1,852,000 | 2,787,000 | 1,580,000 | 1,034,000 | 262,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 148,000 | 1,240,000 | 1,964,000 | 2,334,000 | 2,726,000 | 3,721,000 | 4,784,000 | 5,342,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 148,000 | 1,240,000 | 1,964,000 | 2,334,000 | 2,726,000 | 3,721,000 | 4,784,000 | 5,342,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 | 193,000 | 148,000 | 407,000 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 233,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 943,000 | 943,000 | 943,000 | 863,000 | 866,000 | 725,000 | 941,000 | 1,952,000 | 1,509,000 | 1,662,000 | 4,879,000 | 3,403,000 | 5,116,000 | 2,923,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 | 0 | 0 | 0 | 230,000 |
| Cash | 4,000 | 5,000 | 5,000 | 85,000 | 97,000 | 226,000 | 3,000 | 90,000 | 258,000 | 11,000 | 121,000 | 6,000 | 1,000 | 35,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 947,000 | 948,000 | 948,000 | 948,000 | 963,000 | 951,000 | 984,000 | 2,235,000 | 2,163,000 | 2,080,000 | 5,000,000 | 3,409,000 | 5,117,000 | 3,188,000 |
| total assets | 947,000 | 948,000 | 948,000 | 948,000 | 963,000 | 951,000 | 1,132,000 | 3,475,000 | 4,127,000 | 4,414,000 | 7,726,000 | 7,130,000 | 9,901,000 | 8,530,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,485,000 | 740,000 | 3,965,000 | 740,000 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 43,000 | 81,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 11,000 | 0 | 0 | 0 | 0 | 0 | 40,000 | 52,000 | 234,000 | 362,000 | 933,000 | 1,317,000 | 3,910,000 | 2,050,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 10,000 | 49,000 | 7,000 | 6,000 | 4,000 | 4,000 | 6,000 |
| total current liabilities | 11,000 | 0 | 0 | 0 | 0 | 0 | 49,000 | 105,000 | 364,000 | 369,000 | 3,424,000 | 2,061,000 | 7,879,000 | 2,796,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,485,000 | 0 | 3,965,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,485,000 | 0 | 3,965,000 |
| total liabilities | 11,000 | 0 | 0 | 0 | 0 | 0 | 49,000 | 105,000 | 364,000 | 369,000 | 3,424,000 | 4,546,000 | 7,879,000 | 6,761,000 |
| net assets | 936,000 | 948,000 | 948,000 | 948,000 | 963,000 | 951,000 | 1,083,000 | 3,370,000 | 3,763,000 | 4,045,000 | 4,302,000 | 2,584,000 | 2,022,000 | 1,769,000 |
| total shareholders funds | 936,000 | 948,000 | 948,000 | 948,000 | 963,000 | 951,000 | 1,083,000 | 3,370,000 | 3,763,000 | 4,045,000 | 4,302,000 | 2,584,000 | 2,022,000 | 1,769,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 0 | 1,460,000 | 1,792,000 | 578,000 | 380,000 | -660,000 | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 126,000 | 41,000 | 370,000 | 392,000 | 995,000 | 1,002,000 | 654,000 | 922,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -3,000 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | -40,000 | -153,000 | 45,000 | -259,000 | 407,000 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 80,000 | -3,000 | 141,000 | -216,000 | -1,011,000 | 195,000 | 95,000 | -3,217,000 | 1,476,000 | -1,713,000 | 1,963,000 | 3,153,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -8,000 | -35,000 | -38,000 | 81,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -1,000 | -9,000 | -39,000 | 42,000 | 1,000 | 2,000 | 0 | -2,000 | 6,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 0 | 4,662,000 | 1,312,000 | 3,292,000 | -932,000 | -2,888,000 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,485,000 | 1,745,000 | -3,225,000 | 3,225,000 | 740,000 |
| Group/Directors Accounts | 11,000 | 0 | 0 | 0 | 0 | -40,000 | -12,000 | -182,000 | -128,000 | -571,000 | -384,000 | -2,593,000 | 1,860,000 | 2,050,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,485,000 | 2,485,000 | -3,965,000 | 3,965,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 41,000 | 12,000 | -3,000 | -73,000 | -89,000 | -115,000 | -115,000 | |||||
| cash flow from financing | 11,000 | 0 | -141,000 | -116,000 | -3,059,000 | -1,197,000 | -3,422,000 | 1,005,000 | 7,734,000 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -1,000 | 0 | -80,000 | -12,000 | -129,000 | 223,000 | -87,000 | -168,000 | 247,000 | -110,000 | 115,000 | 5,000 | -34,000 | 35,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,000 | 0 | -80,000 | -12,000 | -129,000 | 223,000 | -87,000 | -168,000 | 247,000 | -110,000 | 115,000 | 5,000 | -34,000 | 35,000 |
offshore support vessels iv limited Credit Report and Business Information
Offshore Support Vessels Iv Limited Competitor Analysis
Perform a competitor analysis for offshore support vessels iv limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mature companies, companies in TS17 area or any other competitors across 12 key performance metrics.
offshore support vessels iv limited Ownership
OFFSHORE SUPPORT VESSELS IV LIMITED group structure
Offshore Support Vessels Iv Limited has no subsidiary companies.
Ultimate parent company
VROON GROUP BV
#0057312
2 parents
OFFSHORE SUPPORT VESSELS IV LIMITED
00881850
offshore support vessels iv limited directors
Offshore Support Vessels Iv Limited currently has 2 directors. The longest serving directors include Mr Graeme Sheach (Apr 2011) and Mr Stuart Thom (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graeme Sheach | United Kingdom | 58 years | Apr 2011 | - | Director |
| Mr Stuart Thom | Scotland | 62 years | May 2021 | - | Director |
P&L
December 2022turnover
0
0%
operating profit
-12.2k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
936k
-0.01%
total assets
947k
0%
cash
4k
-0.2%
net assets
Total assets minus all liabilities
Similar Companies
offshore support vessels iv limited company details
company number
00881850
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
June 1966
age
58
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
offshore support services iv limited (July 2007)
viking north sea limited (May 2007)
See moreaccountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
c/o endeavour partnership llp, tobias house, st mark's court, teesside, TS17 6QW
Bank
DNB BANK ASA
Legal Advisor
BURNESS PAULL LLP
offshore support vessels iv limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 96 charges/mortgages relating to offshore support vessels iv limited. Currently there are 3 open charges and 93 have been satisfied in the past.
offshore support vessels iv limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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offshore support vessels iv limited Companies House Filings - See Documents
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