National Oilwell Varco Uk Limited
00873028
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/08/2025
Due 13/09/2026
Industry
Officers
director · Since 31/12/2020
DIRECTOR
BRITISH · SCOTLAND · Age 52
Also on 13 other boards
director · Since 30/03/2023
DIRECTOR
BRITISH · SCOTLAND · Age 56
Also on 17 other boards
secretary · Since 17/05/2024
Persons with Significant Control
Nov Inc.
10353, Richmond Avenue, Houston
Reg: 76-0475815 · Delaware, United States · Corporate
Notified 20/10/2021
Former PSCs
Nov Uk Holdings Limited
Ceased 20/10/2021
Charges0 outstanding
OVERSEAS TRUST BANK LIMITED
OVERSEAS TRUST BANK LIMITED
OVERSEAS TRUST BANK LIMITED
CLYDESDALE BANK PUBLIC LIMITED COMPPANY
THE GOVENOR AND COMPANY OF THE BANK OF SCOTLAND
CLYDESDALE BANK LIMITED
CLYDESDALE BANK LIMITED
CompanyRankvs 15+ SIC 09100 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
uncertainty exists that may cast significant doubt over the ability of the Company to continue as a going concern. In an unlikely event that the Company requires assistance to meet its financial obligations, the ultimate parent undertaking would be able to provide support to the Company. The Directors have recei
Key FinancialsYear ending 31/12/2024
Turnover
£374.1M
Annual revenue
Net Worth
£318.3M
Balance sheet strength
Cash
£148.4M
Cash in the bank
Profit Before Tax
-£5.7M
Bottom line earnings
Net Current Assets
£333.7M
Working capital
Current Assets
£511.4M
Current Liabilities
£177.6M
Fixed Assets
£503.5M
Debtors
£288.2M
Cost of Sales
£312.2M
Gross Profit
£61.9M
Admin Expenses
£53.2M
Operating Profit
-£1.5M
Profit After Tax
-£1.4M
Tax at Year End(2023)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.88 | -£1.4M |
| 2023 | 3.44 | — |
Derived from filed accounts. Not audited figures.