Oeg Offshore Group Limited

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oeg offshore group limited Company Information

Company Number

06498626

Next Accounts

Sep 2025

Directors

John Heiton

Thomas Murray

Shareholders

oeg global limited

Group Structure

View All

Industry

Support activities for petroleum and natural gas extraction

Registered Address

yarmouth business park, thamesfield way, great yarmouth, norfolk, NR31 0ER

Website

oegoffshore.com

oeg offshore group limited Estimated Valuation

£6.3m

Pomanda estimates the enterprise value of OEG OFFSHORE GROUP LIMITED at £6.3m based on an EBITDA of £2.7m and a 2.34x industry multiple (adjusted for size and gross margin).

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Oeg Offshore Group Limited is a live company located in great yarmouth, NR31 0ER with a Companies House number of 06498626. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in February 2008, it's largest shareholder is oeg global limited with a 100% stake. Oeg Offshore Group Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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There is insufficient data available to calculate a health check for Oeg Offshore Group Limited. Company Health Check FAQs

Health Rating0out of 5

0 Strong

0 Regular

3 Weak

Size

There is insufficient data available for this Key Performance Indicator!

Growth

There is insufficient data available for this Key Performance Indicator!

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Oeg Offshore Group Limited's latest turnover from December 2023 is 0 and the company has net assets of -£12.3 million. According to their latest financial statements, we estimate that Oeg Offshore Group Limited has 1 employee and maintains cash reserves of £3.1 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Jul 2011	Jul 2010	Jul 2009
Turnover													13,516,264	15,477,453	9,340,220
Other Income Or Grants
Cost Of Sales													7,802,583	9,528,878	5,318,310
Gross Profit													5,713,681	5,948,575	4,021,910
Admin Expenses	-214,054	2,018,376	1,247,466	2,464,380	6,886,630	-198,786	1,567,730	-4,690,142	569,671	582,535	3,453,198	2,681,503	3,820,131	4,341,912	1,748,725
Operating Profit	214,054	-2,018,376	-1,247,466	-2,464,380	-6,886,630	198,786	-1,567,730	4,690,142	-569,671	-582,535	-3,453,198	-2,681,503	1,893,550	1,606,663	2,273,185
Interest Payable	15,008,413	16,018,514	9,719,066	10,136,649	3,637,087	4,173,081	4,690,870	5,808,209	5,465,796	52,326	3,007	1,595,015	1,398,725	1,230,765	1,290,167
Interest Receivable	2,506,267	8,168,452	3,458,373	3,794,189	1,658,287	2,145,039	2,381,473	4,243,890	3,795,071	913,015		4,080		3,901	14,836
Pre-Tax Profit	-12,288,092	-9,868,437	85,188,924	-6,776,161	-8,865,430	-1,829,255	-3,877,127	7,009,184	-2,240,396	278,154	6,043,795	-4,272,438	494,825	379,799	997,854
Tax	-299,429	-490,318	398,431	-32,554	-39,094	-49,939	-62,118	-35,466					-837,010	33,255	-867,119
Profit After Tax	-12,587,521	-10,358,755	85,587,355	-6,808,716	-8,904,525	-1,879,194	-3,939,245	6,973,718	-2,240,396	278,154	6,043,795	-4,272,438	-342,185	413,054	130,735
Dividends Paid			66,097,050								9,000,000
Retained Profit	-12,587,521	-10,358,755	19,490,305	-6,808,716	-8,904,525	-1,879,194	-3,939,245	6,973,718	-2,240,396	278,154	-2,956,205	-4,272,438	-342,185	413,054	130,735
Employee Costs													3,327,683	3,818,077	1,556,128
Number Of Employees	1	1	1	1	1	1	1	1	1	1	1	1	72	77	75
EBITDA*	2,708,111	-515,740	-1,247,466	-2,464,380	-6,886,630	198,786	-1,567,730	4,690,142	-569,671	-582,535	-3,453,198	-2,681,503	3,036,749	3,599,066	4,206,534

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Jul 2011	Jul 2010	Jul 2009
Tangible Assets	83,678	42,367	1,575,792	2,830,152									8,981,725	8,692,862	6,313,075
Intangible Assets	4,923,510	7,385,265											7,539,464	8,603,005	9,562,466
Investments & Other	294,470,649	249,324,289	641,002,326	98,749,700	40,114,785	36,069,504	35,885,731	28,611,881	26,147,881	26,095,180	16,096,285	13,096,285	1,916
Debtors (Due After 1 year)	87,385,241	200,913,897		72,110,458	31,295,237	44,105,986	47,842,642	63,996,144	60,696,024	55,530,826			95,385	174,797
Total Fixed Assets	386,863,078	457,665,819	642,578,119	173,690,311	71,410,022	80,175,490	83,728,373	92,608,025	86,843,905	81,626,006	16,096,285	13,096,285	16,618,490	17,470,664	15,875,541
Stock & work in progress													1,693,495	874,884	803,510
Trade Debtors									1,489,049	1,900,000			3,853,513	3,686,679	2,999,914
Group Debtors	40,317,749	17,425,839	216,323,469			2,111,291	1,851,219	3,143,637			39,523,397	21,366,975
Misc Debtors	5,727,025	2,268,744	716,281	5,131,735	2,350,718	24,515	33,117	67,589					557,928	453,135	1,585,016
Cash	3,086,051	1,741,565	292,097	276,942	97,692	114,931	146,156	529,662	667,227			1,251	1,680,848	413,039	1,126,151
misc current assets
total current assets	49,130,826	21,436,149	217,331,847	5,408,678	2,448,410	2,250,737	2,030,492	3,740,888	2,156,276	1,900,000	39,523,397	21,368,226	7,785,784	5,427,737	6,514,591
total assets	435,993,904	479,101,968	859,909,966	179,098,989	73,858,433	82,426,227	85,758,865	96,348,913	89,000,181	83,526,006	55,619,682	34,464,511	24,404,274	22,898,401	22,390,132
Bank overdraft													1,508,508	344,310	713,736
Bank loan													2,702,070	2,122,668	1,625,332
Trade Creditors			261,804			395,740	411,207	376,995					3,518,017	2,565,204	2,465,109
Group/Directors Accounts			422,153,523			239,836	1,011,522	874,502	88,975,406	79,396,058	53,650,568	42,711,780	71,288	67,850
other short term finances			9,179,127
hp & lease commitments	3,343,736	2,702,454	2,713,631	1,554,539									50,297	33,221	3,883
other current liabilities	28,581,750	16,430,607	354,403	2,527,441	946,039	34,583	34,583	54,158	39,600	1,904,377	21,697	49,109	2,261,837	1,464,270	1,864,054
total current liabilities	31,925,487	19,133,062	434,662,489	4,081,980	946,039	670,159	1,457,312	1,305,655	89,015,006	81,300,435	53,672,265	42,760,889	10,112,017	6,597,523	6,672,114
loans				181,368,489	75,032,296	44,105,986	47,842,642						10,812,352	13,767,692	14,015,154
hp & lease commitments	2,865,256	5,437,734	228,553	2,577,137									61,101	63,320	4,729
Accruals and Deferred Income													2,011,203	1,250,337	594,624
other liabilities	413,481,767	455,801,624	415,471,296			36,281,112	33,210,747	87,855,849
provisions	5,829												981,760	432,280	728,026
total long term liabilities	416,352,854	461,239,359	415,699,850	183,945,627	75,032,297	80,387,098	81,053,389	87,855,849					13,866,416	15,513,629	15,342,533
total liabilities	448,278,340	480,372,421	850,362,339	188,027,608	75,978,336	81,057,257	82,510,701	89,161,504	89,015,006	81,300,435	53,672,265	42,760,889	23,978,433	22,111,152	22,014,647
net assets	-12,284,436	-1,270,453	9,547,627	-8,928,619	-2,119,903	1,368,970	3,248,164	7,187,409	-14,825	2,225,571	1,947,417	-8,296,378	425,841	787,249	375,485
total shareholders funds	-12,284,436	-1,270,453	9,547,627	-8,928,619	-2,119,903	1,368,970	3,248,164	7,187,409	-14,825	2,225,571	1,947,417	-8,296,378	425,841	787,249	375,485

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Jul 2011	Jul 2010	Jul 2009
Operating Activities
Operating Profit	214,054	-2,018,376	-1,247,466	-2,464,380	-6,886,630	198,786	-1,567,730	4,690,142	-569,671	-582,535	-3,453,198	-2,681,503	1,893,550	1,606,663	2,273,185
Depreciation	2,494,057	1,502,636											79,658	928,862	983,120
Amortisation													1,063,541	1,063,541	950,229
Tax	-299,429	-490,318	398,431	-32,554	-39,094	-49,939	-62,118	-35,466					-837,010	33,255	-867,119
Stock												-1,693,495	818,611	71,374	803,510
Debtors	-87,178,465	3,568,730	139,797,557	43,596,238	-12,595,837	-3,485,186	-17,480,392	5,022,297	4,754,247	17,907,429	18,156,422	16,860,149	192,215	-270,319	4,584,930
Creditors		-261,804	261,804		-395,740	-15,467	34,212	376,995				-3,518,017	952,813	100,095	2,465,109
Accruals and Deferred Income	12,151,143	16,076,204	-2,173,038	1,581,402	911,456		-19,575	14,558	-1,864,777	1,882,680	-27,412	-4,223,931	1,558,433	255,929	2,458,678
Deferred Taxes & Provisions	5,829											-981,760	549,480	-295,746	728,026
Cash flow from operations	101,744,119	11,239,612	-142,557,826	-44,511,770	6,185,829	3,618,566	15,865,181	23,932	-7,188,695	-16,607,284	-21,637,032	-26,571,865	4,249,639	3,891,544	3,602,788
Investing Activities
capital expenditure	-73,614	-7,354,476	1,254,360	-2,830,152								16,521,189	-626,923	-2,823,070	-1,308,083
Change in Investments	45,146,360	-391,678,037	542,252,627	58,634,914	4,045,281	183,773	7,273,850	2,464,000	52,701	9,998,895	3,000,000	13,094,369	1,916
cash flow from investments	-45,219,974	384,323,561	-540,998,267	-61,465,066	-4,045,281	-183,773	-7,273,850	-2,464,000	-52,701	-9,998,895	-3,000,000	3,426,820	-628,839	-2,823,070	-1,308,083
Financing Activities
Bank loans												-2,702,070	579,402	497,336	1,625,332
Group/Directors Accounts		-422,153,523	422,153,523		-239,836	-771,686	137,020	-88,100,904	9,579,348	25,745,490	10,938,788	42,640,492	3,438	67,850
Other Short Term Loans		-9,179,127	9,179,127
Long term loans			-181,368,489	106,336,193	30,926,310	-3,736,656	47,842,642					-10,812,352	-2,955,340	-247,462	14,015,154
Hire Purchase and Lease Commitments	-1,931,196	5,198,004	-1,189,492	4,131,676								-111,398	14,857	87,929	8,612
other long term liabilities	-42,319,857	40,330,328	415,471,296		-36,281,112	3,070,365	-54,645,102	87,855,849
share issue	1,573,537	-459,325	-1,014,059		5,415,652			228,516			13,200,000	-4,449,781	-19,223	-1,290	244,750
interest	-12,502,146	-7,850,062	-6,260,693	-6,342,460	-1,978,800	-2,028,042	-2,309,397	-1,564,319	-1,670,725	860,689	-3,007	-1,590,935	-1,398,725	-1,226,864	-1,275,331
cash flow from financing	-55,179,662	-394,113,705	656,971,213	104,125,409	-2,157,786	-3,466,019	-8,974,837	-1,580,858	7,908,623	26,606,179	24,135,781	22,973,956	-3,775,591	-822,501	14,618,517
cash and cash equivalents
cash	1,344,486	1,449,469	15,154	179,251	-17,239	-31,225	-383,506	-137,565	667,227		-1,251	-1,679,597	1,267,809	-713,112	1,126,151
overdraft												-1,508,508	1,164,198	-369,426	713,736
change in cash	1,344,486	1,449,469	15,154	179,251	-17,239	-31,225	-383,506	-137,565	667,227		-1,251	-171,089	103,611	-343,686	412,415

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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OEG OFFSHORE GROUP LIMITED group structure

Oeg Offshore Group Limited has 6 subsidiary companies.

Ultimate parent company

OCM LUXEMBOURG POW VI SARL

#0016100

OEG GLOBAL LIMITED

08132445

2 parents

OEG OFFSHORE GROUP LIMITED

06498626

6 subsidiaries

CONTAINENTAL OFFSHORE LIMITED

SC135411

ARDEN HOLDINGS LIMITED

SC099436

HARRAN LIMITED

SC161151

OEG OFFSHORE LIMITED

SC092719

OFFSHORE CONTAINERS LIMITED

06027298

BLUE MANTA INTERNATIONAL LIMITED

SC229088

OEG OFFSHORE GROUP LIMITED Shareholders

oeg global limited

100%

Oeg Offshore Group Limited currently has 2 directors. The longest serving directors include Mr John Heiton (Oct 2008) and Mr Thomas Murray (Oct 2024).

officer	country	age	start	end	role
Mr John Heiton	United Kingdom	48 years	Oct 2008	-	Director
Mr Thomas Murray	United Kingdom	57 years	Oct 2024	-	Director

P&L

December 2023

turnover

operating profit

214.1k

-111%

gross margin

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-12.3m

+8.67%

total assets

436m

-0.09%

cash

3.1m

+0.77%

net assets

Total assets minus all liabilities

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company number

06498626

Type

Private limited with Share Capital

industry

09100 - Support activities for petroleum and natural gas extraction

incorporation date

February 2008

ultimate parent company

OCM LUXEMBOURG POW VI SARL

previous names

offshore containers holdings limited (January 2020)

dunwilco (1533) limited (March 2008)

address

yarmouth business park, thamesfield way, great yarmouth, norfolk, NR31 0ER

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 34 charges/mortgages relating to oeg offshore group limited. Currently there are 6 open charges and 28 have been satisfied in the past.

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oeg offshore group limited Company Information

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OEG OFFSHORE GROUP LIMITED financials

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oeg offshore group limited Companies House Filings - See Documents