Company Overview
Sulmara Subsea International Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 13 July 2018, so this is a well established company. Sulmara Subsea International Limited has been in business for 7 years and 8 months. The accounts status is group and the accounts are next due on Wednesday 31 December 2025.
Registered Address

28 Albyn Place, Aberdeen, AB10 1YL
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Companies House Data
Company NameSULMARA SUBSEA INTERNATIONAL LIMITED
Company NumberSC602514
Registered Office Address28 Albyn Place
 AB10 1YL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/07/2018
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryGROUP
Returns Next Due Date10/08/2019
Previous Company NameChanged Date
SLLP 238 LIMITED30 Aug 2018
Directors & Members
Show Resigned
Davis Larssen - Director
(British, 55 years old, born October 1971)
Appointed 25 November 2024
 Active
Kevin McBarron - Director
(British, 57 years old, born October 1969)
Appointed 12 April 2019
 Active
Richard Pugh - Director
(British, 42 years old, born March 1984)
Appointed 25 November 2024
 Active
Michael Sibson - Director
(British, 54 years old, born April 1972)
Appointed 25 November 2024
 Active
Graeme Speirs - Director
(British, 77 years old, born April 1949)
Appointed 17 June 2020
 Active
Piotr Wisthal - Director
(British, 40 years old, born May 1986)
Appointed 28 May 2021
 Active
Stronachs Secretaries Limited - Secretary
Appointed 13 July 2018
 Active
Secretaries
Stronachs Secretaries Limited - Secretary
Appointed 13 July 2018
 Active
Other Company Directorships
Davis Larssen
CIRCLE OFFSHORE LIMITED
HELLE ENGINEERING LIMITED
HYDRAFIT SUBSEA U.K. LIMITED
INTELLIGENT PLANT LIMITED
KRG INDUSTRIES LIMITED
MCE RECEIVABLES LIMITED
NAUTRONIX (IP) LIMITED
PROSERV (1) LIMITED
PROSERV (2) LIMITED
PROSERV (3) LIMITED
PROSERV CONTROLS LIMITED
PROSERV HOLDINGS LIMITED
PROSERV INVESTMENTS BIDCO LIMITED
PROSERV INVESTMENTS LIMITED
PROSERV OPERATIONS LIMITED
ROVOP HOLDINGS LIMITED
STEPHEN GILLESPIE CONSULTANTS LIMITED
SYNAPTEC LTD
Kevin McBarron
ARATELLUS OFFSHORE LIMITED
ENERGY INTERNATIONAL CONSULTANTS LIMITED
SULMARA GEO LIMITED
SULMARA SUBSEA LIMITED
UTEC SURVEY WEST AFRICA LIMITED
Richard Pugh
KAIROS 2025 HOLDINGS LIMITED
KOCHO GROUP HOLDINGS LIMITED
OPTIMA INNOVATE LTD
STELLAR OMADA LTD
Michael Sibson
DUACK LTD
ENERGY DEVELOPMENT PARTNERS LIMITED
FRONTROW ENERGY TECHNOLOGY GROUP LIMITED
GENERAL SERVICES 2 LIMITED
INOAPPS LIMITED
MAGMA GLOBAL LIMITED
PETROTECHNICS LIMITED
ROVOP GROUP LIMITED
ROVOP HOLDINGS LIMITED
ROVOP LIMITED
ROVOP MIDCO LIMITED
SALAMANDER ENERGY GROUP LIMITED
SALAMANDER ENERGY LIMITED
SPEX GROUP HOLDINGS LIMITED
TASK FRONTERRA GEOSCIENCE LIMITED
Graeme Speirs
ATLANTIC RUBBER LIMITED
MERE ENGINEERING LIMITED
NXG ASSETS LIMITED
NXG GLOBAL GROUP LIMITED
NXG HOLDCO LIMITED
POLYMER N4 LIMITED
QUEST PETROLEUM LIMITED
TUBE-TEC (TUBULAR PROTECTION) LIMITED
VALOR ENERGY GROUP LIMITED
Piotr Wisthal
SULMARA GEO LIMITED
SULMARA SUBSEA LIMITED
SULMARA SUBSEA MOZAMBIQUE LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 46 46 0
Current Assets 3,965 3,965 4,012
Creditors Due Within One Year 61 61 -2,946,575
Working Cap 4,026 4,026 2,950,587
Total Assets Less Current Liabilities 3,950 3,950 2,950,587
Long-term Liabilities 0 0 2,950,573
Net Assets 3,950 3,950 14
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 3,950 3,950 14
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 1.1% 1.1% 0.0%
Stocks Inventory - - -
Debtors 98.9% 98.9% 95.1%
Cash Bank In Hand 0.0% 0.0% 4.9%
Current Assets 98.9% 98.9% 100.0%
Creditors Due Within One Year 1.5% 1.5% -73444.0%
Net Current Assets Liabilities - - 73544.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 98.5% 98.5% 0.3%
Capital Employed - - -
Total Assets Less Current Liabilities 98.5% 98.5% 73544.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Liquidity Ratio 65.0 65.0 0.0
Solvency Ratio 65.8 65.8 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2021 31-Dec-2020
Assets 4,011 4,011 4,012
Debt 61 61 3,998
Net Assets/Debt 3,950 3,950 14

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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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 appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. 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
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Document Filings
Alterations to floating charge SC6025140003
Alterations to floating charge SC6025140007
Alterations to floating charge SC6025140006
Alterations to floating charge SC6025140004
Alterations to floating charge SC6025140005
Memorandum and Articles of Association
Resolutions
Registration of charge SC6025140007, created on 18 December 2025
Registration of charge SC6025140006, created on 18 December 2025
Termination of appointment of Carlo Pinto as a director on 3 September 2025
Confirmation statement made on 12 July 2025 with updates
Alterations to floating charge SC6025140005
Alterations to floating charge SC6025140004
Alterations to floating charge SC6025140003
Registration of charge SC6025140005, created on 3 April 2025
Change of share class name or designation
Second filing of a statement of capital following an allotment of shares on 25 November 2024
Satisfaction of charge SC6025140002 in full
Satisfaction of charge SC6025140001 in full
Particulars of variation of rights attached to shares
Change of share class name or designation
Statement of capital following an allotment of shares on 25 November 2024
Resolutions
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