Company Overview
Fugro Subsea Services Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 15 July 1987, so this is a well established company. Fugro Subsea Services Ltd has been in business for 38 years and 9 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Fugro House, Denmore Road, Bridge Of Don, Aberdeen, AB23 8JW
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Companies House Data
Company NameFUGRO SUBSEA SERVICES LTD
Company NumberSC105684
Registered Office AddressFugro House
 Denmore Road
 AB23 8JW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date15/07/1987
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date28/09/2016
Returns Last Made Up Date31/08/2015
Previous Company NameChanged Date
FUGRO-ROVTECH LIMITED14 Jan 2011
ROVTECH LIMITED12 Sep 2006
Directors & Members
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 3,719,000 3,719,000 7,884,000
Current Assets 25,485,000 25,485,000 46,236,000
Creditors Due Within One Year 19,376,000 19,376,000 26,682,000
Working Cap 6,109,000 6,109,000 19,554,000
Total Assets Less Current Liabilities 9,828,000 9,828,000 27,438,000
Long-term Liabilities 9,981,000 9,981,000 12,816,000
Net Assets -153,000 -153,000 14,622,000
Share Capital & Reserves
Share Cap 9,000 9,000 9,000
Profit & Loss Reserves -1,525,000 -1,525,000 13,250,000
Other Reserves 1,363,000 1,363,000 1,363,000
Shareholders Funds -153,000 -153,000 14,622,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 12.7% 12.7% 14.6%
Stocks Inventory 1.1% 1.1% 2.5%
Debtors 15.4% 15.4% 30.7%
Cash Bank In Hand 12.9% 12.9% 16.3%
Current Assets 87.3% 87.3% 85.4%
Creditors Due Within One Year 66.3% 66.3% 49.3%
Net Current Assets Liabilities 20.9% 20.9% 36.1%
Creditors Due After One Year 34.2% 34.2% 23.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -0.5% -0.5% 27.0%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve -5.2% -5.2% 24.5%
Shareholder Funds -0.5% -0.5% 27.0%
Capital Employed - - -
Total Assets Less Current Liabilities 33.7% 33.7% 50.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 1.3 1.3 1.7
Solvency Ratio 1.0 1.0 1.4
Reserves to Assets -0.1 -0.1 0.2
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Assets 29,204,000 29,204,000 54,120,000
Debt 29,357,000 29,357,000 39,498,000
Net Assets/Debt -153,000 -153,000 14,622,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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H L D INSPECTION LIMITED
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Document Filings
Appointment of Mr Michael Scott Duncan as a director on 24 October 2025
Termination of appointment of Gordon Morrison Kennedy as a director on 30 September 2025
Confirmation statement made on 31 August 2025 with no updates
Confirmation statement made on 31 August 2024 with no updates
Termination of appointment of Gordon John Duncan as a secretary on 1 June 2024
Appointment of Rachel Griffiths as a secretary on 1 June 2024
Appointment of Mrs Nicola Joanne Welsh as a director on 1 June 2024
Confirmation statement made on 31 August 2023 with no updates
Confirmation statement made on 31 August 2022 with no updates
Confirmation statement made on 31 August 2021 with no updates
Confirmation statement made on 31 August 2020 with no updates
Termination of appointment of Gary Alexander Craigen as a director on 12 June 2020
Confirmation statement made on 31 August 2019 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 31 August 2018 with no updates
Termination of appointment of Derek Albert Cruickshank as a director on 24 August 2018
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