baltic sea offshore holdco limited
baltic sea offshore holdco limited Company Information
Company Number
09342577
Next Accounts
Sep 2025
Industry
Activities of financial services holding companies
Shareholders
baltic sea offshore investment limited
Group Structure
View All
Contact
Registered Address
bridge wind management services, suite 2a, century mews, tiptree, essex, CO5 0AB
Website
-baltic sea offshore holdco limited Estimated Valuation
Pomanda estimates the enterprise value of BALTIC SEA OFFSHORE HOLDCO LIMITED at £0 based on a Turnover of £0 and 1.16x industry multiple (adjusted for size and gross margin).
baltic sea offshore holdco limited Estimated Valuation
Pomanda estimates the enterprise value of BALTIC SEA OFFSHORE HOLDCO LIMITED at £0 based on an EBITDA of £-719k and a 4.21x industry multiple (adjusted for size and gross margin).
baltic sea offshore holdco limited Estimated Valuation
Pomanda estimates the enterprise value of BALTIC SEA OFFSHORE HOLDCO LIMITED at £0 based on Net Assets of £-9.1m and 1.8x industry multiple (adjusted for liquidity).
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Baltic Sea Offshore Holdco Limited Overview
Baltic Sea Offshore Holdco Limited is a live company located in tiptree, CO5 0AB with a Companies House number of 09342577. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in December 2014, it's largest shareholder is baltic sea offshore investment limited with a 100% stake. Baltic Sea Offshore Holdco Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Baltic Sea Offshore Holdco Limited Health Check
There is insufficient data available to calculate a health check for Baltic Sea Offshore Holdco Limited. Company Health Check FAQs
0 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Baltic Sea Offshore Holdco Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Baltic Sea Offshore Holdco Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Baltic Sea Offshore Holdco Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Baltic Sea Offshore Holdco Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (65)
- Baltic Sea Offshore Holdco Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Baltic Sea Offshore Holdco Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Baltic Sea Offshore Holdco Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Baltic Sea Offshore Holdco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Baltic Sea Offshore Holdco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Baltic Sea Offshore Holdco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)
- - Baltic Sea Offshore Holdco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103%, this is a higher level of debt than the average (54.2%)
- - Baltic Sea Offshore Holdco Limited
- - Industry AVG
BALTIC SEA OFFSHORE HOLDCO LIMITED financials
Baltic Sea Offshore Holdco Limited's latest turnover from December 2023 is 0 and the company has net assets of -£9.1 million. According to their latest financial statements, we estimate that Baltic Sea Offshore Holdco Limited has 1 employee and maintains cash reserves of £163.8 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | -719,038 | -685,773 | -548,404 | -1,559,813 | -1,035,783 | 9,586,434 | |||
| Interest Payable | 21,285,397 | 20,221,767 | 21,468,417 | 23,919,115 | 28,265,463 | 28,107,406 | 29,636,206 | 0 | 7,364,596 |
| Interest Receivable | 2,589,559 | 0 | 0 | 4,142,188 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -10,290,003 | 40,763,391 | -75,181,943 | -12,474,244 | 5,558,465 | 1,174,534 | 18,372,456 | -3,283,634 | 11,082,367 |
| Tax | -2,637,325 | -4,495,053 | -453,999 | 741,592 | -5,490,745 | 1,869,207 | -1,302,728 | -3,901,947 | 1,247,621 |
| Profit After Tax | -12,927,329 | 36,268,338 | -75,635,942 | -11,732,652 | 67,720 | 3,043,742 | 17,069,727 | -7,185,581 | 12,329,988 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 10,419,229 | 0 | 0 | 0 |
| Retained Profit | -12,927,329 | 36,268,338 | -75,635,942 | -11,732,652 | 67,720 | -7,375,487 | 17,069,727 | -7,185,581 | 12,329,988 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | |||||||||
| EBITDA* | -719,038 | -685,773 | -548,404 | -1,559,813 | -1,035,783 | 9,586,434 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 279,628,966 | 348,233,538 | 340,809,303 | 475,206,471 | 573,563,883 | 586,996,102 | 635,833,694 | 675,268,374 | 653,003,115 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 279,628,966 | 348,233,538 | 340,809,303 | 475,206,470 | 573,563,882 | 586,996,102 | 635,833,694 | 675,268,373 | 651,755,494 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 279,628,966 | 348,233,538 | 340,809,303 | 475,206,470 | 573,563,882 | 586,996,102 | 635,833,694 | 675,268,373 | 653,003,114 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,871,431 |
| Group Debtors | 0 | 0 | 12,614,143 | 0 | 0 | 0 | 0 | 9,251,008 | 0 |
| Misc Debtors | 18,254,008 | 18,225,861 | 5,659,972 | 18,144,742 | 13,240,632 | 12,684,278 | 10,441,749 | 0 | 0 |
| Cash | 163,766 | 19,739,849 | 2,348,952 | 29,682,418 | 36,420,767 | 25,236,899 | 40,181,030 | 33,395,018 | 35,150,545 |
| misc current assets | 1,722,961 | 4,199,932 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,140,737 | 42,165,643 | 20,623,069 | 47,827,160 | 49,661,400 | 37,921,178 | 50,622,780 | 42,646,027 | 42,021,976 |
| total assets | 299,769,703 | 390,399,181 | 361,432,372 | 523,033,630 | 623,225,282 | 624,917,280 | 686,456,474 | 717,914,400 | 695,025,090 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163,523 |
| Group/Directors Accounts | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| other short term finances | 38,039,065 | 43,637,836 | 51,664,950 | 58,739,889 | 58,885,778 | 44,556,951 | 43,099,177 | 42,010,173 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 62,712,383 | 90,938,245 | 61,825,436 | 81,829,713 | 78,277,199 | 74,484,191 | 86,554,350 | 81,991,754 | 19,991,347 |
| total current liabilities | 100,751,450 | 134,576,083 | 113,490,388 | 140,569,604 | 137,162,980 | 119,041,143 | 129,653,530 | 124,001,929 | 20,154,871 |
| loans | 416,248,720 | 504,003,752 | 596,075,351 | 710,420,603 | 888,515,574 | 940,478,128 | 1,027,580,770 | 1,123,043,324 | 1,277,499,567 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 208,124,360 | 252,001,876 | 300,030,037 | 359,102,596 | 448,845,146 | 470,239,064 | 513,790,385 | 567,644,272 | 641,867,970 |
| total liabilities | 308,875,810 | 386,577,959 | 413,520,425 | 499,672,200 | 586,008,126 | 589,280,207 | 643,443,915 | 691,646,201 | 662,022,841 |
| net assets | -9,106,107 | 3,821,222 | -52,088,053 | 23,361,430 | 37,217,156 | 35,637,073 | 43,012,560 | 26,268,199 | 33,002,249 |
| total shareholders funds | -9,106,107 | 3,821,221 | -52,088,054 | 23,361,430 | 37,217,156 | 35,637,072 | 43,012,560 | 26,268,199 | 33,002,250 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -719,038 | -685,773 | -548,404 | -1,559,813 | -1,035,783 | 9,586,434 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,637,325 | -4,495,053 | -453,999 | 741,592 | -5,490,745 | 1,869,207 | -1,302,728 | -3,901,947 | 1,247,621 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 28,147 | -48,255 | 129,374 | 4,904,110 | 556,354 | 2,242,529 | 1,190,741 | 2,379,577 | 6,871,431 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -163,523 | 163,523 |
| Accruals and Deferred Income | -28,225,862 | 29,112,809 | -20,004,277 | 3,552,514 | 3,793,008 | -12,070,159 | 4,562,596 | 62,000,407 | 19,991,347 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -31,610,372 | 23,980,238 | -21,136,054 | -2,169,817 | 54,519,577 | 24,117,494 | |||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -68,604,572 | 7,424,235 | -134,397,167 | -98,357,412 | -13,432,220 | -48,837,592 | -39,434,679 | 23,512,879 | 651,755,494 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Other Short Term Loans | -5,598,771 | -8,027,114 | -7,074,939 | -145,889 | 14,328,827 | 1,457,774 | 1,089,004 | 42,010,173 | 0 |
| Long term loans | -87,755,032 | -92,071,599 | -114,345,252 | -178,094,971 | -51,962,554 | -87,102,642 | -95,462,554 | -154,456,243 | 1,277,499,567 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -18,695,838 | -20,221,767 | -21,468,417 | -19,776,927 | -28,265,463 | -28,107,406 | -29,636,206 | 0 | -7,364,596 |
| cash flow from financing | -112,049,641 | -100,679,543 | -142,702,150 | -200,140,860 | -64,386,827 | -113,752,274 | -124,335,122 | -111,994,540 | 1,290,807,234 |
| cash and cash equivalents | |||||||||
| cash | -19,576,083 | 17,390,897 | -27,333,466 | -6,738,349 | 11,183,868 | -14,944,131 | 6,786,012 | -1,755,527 | 35,150,545 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -19,576,083 | 17,390,897 | -27,333,466 | -6,738,349 | 11,183,868 | -14,944,131 | 6,786,012 | -1,755,527 | 35,150,545 |
baltic sea offshore holdco limited Credit Report and Business Information
Baltic Sea Offshore Holdco Limited Competitor Analysis
Perform a competitor analysis for baltic sea offshore holdco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in CO5 area or any other competitors across 12 key performance metrics.
baltic sea offshore holdco limited Ownership
BALTIC SEA OFFSHORE HOLDCO LIMITED group structure
Baltic Sea Offshore Holdco Limited has no subsidiary companies.
Ultimate parent company
1 parent
BALTIC SEA OFFSHORE HOLDCO LIMITED
09342577
baltic sea offshore holdco limited directors
Baltic Sea Offshore Holdco Limited currently has 6 directors. The longest serving directors include Mr Lutz Horstick (Nov 2015) and Mr Timotheus Van Den Brule (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lutz Horstick | United Kingdom | 50 years | Nov 2015 | - | Director |
| Mr Timotheus Van Den Brule | United Kingdom | 36 years | Jul 2020 | - | Director |
| Ms Manuela Mette | United Kingdom | 55 years | Jan 2021 | - | Director |
| Mr Stephen Bull | Norway | 52 years | Dec 2024 | - | Director |
| Mr Stefano Sartirana | United Kingdom | 46 years | Dec 2024 | - | Director |
| Andrea Quarta | Norway | 59 years | Dec 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-719k
+5%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-9.1m
-3.38%
total assets
299.8m
-0.23%
cash
163.8k
-0.99%
net assets
Total assets minus all liabilities
baltic sea offshore holdco limited company details
company number
09342577
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
bridge wind management services, suite 2a, century mews, tiptree, essex, CO5 0AB
Bank
-
Legal Advisor
-
baltic sea offshore holdco 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 11 charges/mortgages relating to baltic sea offshore holdco limited. Currently there are 11 open charges and 0 have been satisfied in the past.
baltic sea offshore holdco 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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baltic sea offshore holdco limited Companies House Filings - See Documents
| date | description | view/download |
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