Company Overview
North Sea Lifting Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 18 April 1989, so this is a well established company. North Sea Lifting Limited has been in business for 36 years and 11 months. The accounts status is audit exemption subsidiary and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Asco Group Headquarters Unit A, 11 Harvest Avenue, D2 Business Park, Dyce, Aberdeen, AB21 0BQ
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Companies House Data
Company NameNORTH SEA LIFTING LIMITED
Company NumberSC117356
Registered Office AddressAsco Group Headquarters Unit A, 11 Harvest Avenue
 D2 Business Park, Dyce
 AB21 0BQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date18/04/1989
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date13/12/2016
Returns Last Made Up Date15/11/2015
Directors & Members
Show Resigned
Timothy Pettigrew - Director
(British, 59 years old, born January 1967)
Appointed 29 August 2023
 Active
Allan Scott - Director
(British, 56 years old, born April 1970)
Appointed 23 July 2025
 Active
Antony Wright - Director
(British, 55 years old, born November 1971)
Appointed 03 July 2023
 Active
Secretaries
Show Resigned
Fraser McIntyre - Secretary
(British)
Appointed 28 June 2012
 Active
Other Company Directorships
Timothy Pettigrew
ASCO (DC2) LIMITED
ASCO (DC3) LIMITED
ASCO (DC4) LIMITED
ASCO ACQUISITIONS LIMITED
ASCO DECOMMISSIONING LIMITED
ASCO FREIGHT MANAGEMENT LIMITED
ASCO GROUP LIMITED
ASCO HOLDINGS LIMITED
ASCO JV HOLDINGS LIMITED
ASCO MARINE LIMITED
ASCO NET ZERO LIMITED
ASCO PROPERTIES LIMITED
ASCO UK LIMITED
ASCO VENTURES LIMITED
NORM SOLUTIONS LIMITED
OBM LIMITED
SELETAR SHIPPING LIMITED
ZANDER MIDCO LIMITED
ZANDER TOPCO LIMITED
Allan Scott
ASCO DECOMMISSIONING LIMITED
ASCO FREIGHT MANAGEMENT LIMITED
ASCO GROUP LIMITED
ASCO MARINE LIMITED
ASCO PROPERTIES LIMITED
ASCO UK LIMITED
NORM SOLUTIONS LIMITED
OBM LIMITED
SELETAR SHIPPING LIMITED
Antony Wright
ASCO (DC2) LIMITED
ASCO (DC3) LIMITED
ASCO (DC4) LIMITED
ASCO ACQUISITIONS LIMITED
ASCO DECOMMISSIONING LIMITED
ASCO FREIGHT MANAGEMENT LIMITED
ASCO GROUP LIMITED
ASCO HOLDINGS LIMITED
ASCO JV HOLDINGS LIMITED
ASCO MARINE LIMITED
ASCO PROPERTIES LIMITED
ASCO UK LIMITED
ASCO VENTURES LIMITED
ENVIROCO LIMITED
NORM SOLUTIONS LIMITED
OBM LIMITED
PROJECT ADVANCE BIDCO LIMITED
PROJECT ADVANCE TOPCO LIMITED
SELETAR SHIPPING LIMITED
ZANDER MIDCO LIMITED
ZANDER TOPCO LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 800,000 800,000 1,102,000
Current Assets 2,782,000 2,782,000 5,652,000
Creditors Due Within One Year 868,000 868,000 2,102,000
Working Cap 1,914,000 1,914,000 3,550,000
Total Assets Less Current Liabilities 2,714,000 2,714,000 4,652,000
Long-term Liabilities 7,000 7,000 1,000
Net Assets 2,707,000 2,707,000 4,651,000
Share Capital & Reserves
Share Cap 25,000 25,000 25,000
Profit & Loss Reserves 2,682,000 2,682,000 4,568,000
Other Reserves 0 0 58,000
Shareholders Funds 2,707,000 2,707,000 4,651,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 22.3% 22.3% 16.3%
Stocks Inventory 1.7% 1.7% 1.2%
Debtors 10.6% 10.6% 6.4%
Cash Bank In Hand 55.8% 55.8% 67.5%
Current Assets 77.7% 77.7% 83.7%
Creditors Due Within One Year 24.2% 24.2% 31.1%
Net Current Assets Liabilities 53.4% 53.4% 52.6%
Creditors Due After One Year 0.2% 0.2% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 75.6% 75.6% 68.9%
Called Up Share Capital 0.7% 0.7% 0.4%
Share Capital Allotted Called Up Paid 0.7% 0.7% 0.4%
Profit Loss Account Reserve 74.9% 74.9% 67.6%
Shareholder Funds 75.6% 75.6% 68.9%
Capital Employed - - -
Total Assets Less Current Liabilities 75.8% 75.8% 68.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 3.2 3.2 2.7
Solvency Ratio 4.1 4.1 3.2
Reserves to Assets 0.7 0.7 0.7
Secured Creditors Unlock full report
Mortgages Charges 8
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Assets 3,582,000 3,582,000 6,754,000
Debt 875,000 875,000 2,103,000
Net Assets/Debt 2,707,000 2,707,000 4,651,000

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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
Other Business around AB21 0BQ
ROXAR LIMITED
EMERSON 1 HARVEST AVENUE, D2 BUSINESS PARK, DYCE, ABERDEEN, AB21 0BQ
ASCO DECOMMISSIONING LIMITED
ASCO GROUP HEADQUARTERS UNIT A, 11 HARVEST AVENUE, D2 BUSINESS PARK, DYCE, ABERDEEN, AB21 0BQ
SCRABSTER PORT SERVICES LIMITED
Asco Group Headquarters Unit A, 11 Harvest Avenue, D2 Business Park, Dyce, Aberdeen, AB21 0BQ
ASCO PROPERTIES LIMITED
ASCO GROUP HEADQUARTERS UNIT A, 11 HARVEST AVENUE, D2 BUSINESS PARK, DYCE, ABERDEEN, AB21 0BQ
ASCO HOLDINGS LIMITED
ASCO GROUP HEADQUARTERS UNIT A, 11 HARVEST AVENUE, D2 BUSINESS PARK, DYCE, ABERDEEN, AB21 0BQ
OBM LIMITED
ASCO GROUP HEADQUARTERS UNIT A, 11 HARVEST AVENUE, D2 BUSINESS PARK, DYCE, ABERDEEN, AB21 0BQ
ROXAR FLOW MEASUREMENT LIMITED
Emerson 1 Harvest Avenue, D2 Business Park, Dyce, Aberdeen, AB21 0BQ
SELETAR SHIPPING LIMITED
ASCO GROUP HEADQUARTERS UNIT A, 11 HARVEST AVENUE, D2 BUSINESS PARK, DYCE, ABERDEEN, AB21 0BQ
POLYOIL LIMITED
Emerson 1 Harvest Avenue, D2 Business Park, Dyce, Aberdeen, AB21 0BQ
ASCO UK LIMITED
ASCO GROUP HEADQUARTERS UNIT A, 11 HARVEST AVENUE, D2 BUSINESS PARK, DYCE, ABERDEEN, AB21 0BQ
Document Filings
Confirmation statement made on 27 November 2025 with no updates
Appointment of Mr Allan Douglas Scott as a director on 23 July 2025
Consolidated accounts of parent company for subsidiary company period ending 31/12/24
Notice of agreement to exemption from audit of accounts for period ending 31/12/24
Audit exemption statement of guarantee by parent company for period ending 31/12/24
Confirmation statement made on 28 November 2024 with updates
Consolidated accounts of parent company for subsidiary company period ending 31/12/23
Notice of agreement to exemption from audit of accounts for period ending 31/12/23
Audit exemption statement of guarantee by parent company for period ending 31/12/23
Notice of agreement to exemption from audit of accounts for period ending 31/12/23
Audit exemption statement of guarantee by parent company for period ending 31/12/23
Alterations to floating charge SC1173560007
Alterations to floating charge SC1173560006
Registration of charge SC1173560008, created on 27 June 2024
Registration of charge SC1173560007, created on 27 June 2024
Satisfaction of charge SC1173560005 in full
Change of details for Asco Holdings Limited as a person with significant control on 11 August 2023
Cessation of Hsbc Corporate Trustee Company (Uk) Limited as a person with significant control on 11 August 2023
Confirmation statement made on 28 November 2023 with no updates
Termination of appointment of Peter Ian France as a director on 29 August 2023
Appointment of Timothy Michael Robert Pettigrew as a director on 29 August 2023
Alterations to floating charge SC1173560005
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