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National Oilwell Varco Uk Limited

00873028

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

Stonedale Road, Unit 10 Oldends Lane Industrial Estate, Stonehouse, GL10 3RQ
Incorporated 04/03/1966

Previously known as

Varco Limited · until 28/07/2006
Tuboscope (Uk) Limited · until 02/01/2002
Drexel Equipment(U.K.)Limited · until 07/01/1998

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/08/2026

Due 13/09/2027

On track

Industry

09100
Support activities for petroleum and natural gas extraction

Officers

Christopher Paul O'Neil

director · Since 31/12/2020

DIRECTOR

BRITISH · SCOTLAND · Age 52

Also on 13 other boards

Mr Ian Broughton

director · Since 30/03/2023

DIRECTOR

BRITISH · SCOTLAND · Age 56

Also on 17 other boards

Martin John Quilter

secretary · Since 17/05/2024

Christopher Paul O'Neil

director · Since 31/12/2020

British · Scotland · Age 52

Ian Broughton

director · Since 30/03/2023

British · Scotland · Age 56

Martin John Quilter

secretary · Since 17/05/2024

Former

Lim Young Loh

director · Resigned 29/05/1996

Duncan Stordy Lumsden

secretary · Resigned 18/10/1996

Duncan Stordy Lumsden

director · Resigned 18/10/1996

Dean Barett

director · Resigned 07/07/1997

Christopher Donald Harriman

director · Resigned 07/07/1997

Joe Edwn Mc Anally

director · Resigned 07/07/1997

Francis Bruce Mccafferty

director · Resigned 07/07/1997

Hector Murdo Murray

director · Resigned 07/07/1997

Ronald James Millett

secretary · Resigned 16/10/2003

Ronald James Millett

director · Resigned 15/02/2006

Peter John Stuart

director · Resigned 28/02/2007

Thomas Douglas Boyle

secretary · Resigned 28/02/2007

Paull & Williamsons

corporate secretary · Resigned 06/04/2009

Katherine Jennifer Leighton

secretary · Resigned 21/10/2010

Thomas Douglas Boyle

director · Resigned 04/07/2011

David James Keener

director · Resigned 03/08/2011

Paull & Williamsons Llp

corporate secretary · Resigned 30/09/2011

Christopher Paul O'Neil

secretary · Resigned 30/09/2011

Alastair James Fleming

secretary · Resigned 06/08/2013

Steven Grenville Valentine

director · Resigned 23/08/2013

Christopher Paul O'Neil

director · Resigned 30/09/2015

Alastair James Fleming

director · Resigned 31/08/2018

Simon Scott Reid

director · Resigned 31/12/2020

Robbert Oudendijk

director · Resigned 30/03/2023

Alison May Sloan

secretary · Resigned 17/05/2024

Persons with Significant Control

Nov Inc.

75–100% shares
75–100% votes
Appoint directors

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

charge
satisfied

THE GOVENOR AND COMPANY OF THE BANK OF SCOTLAND

Created 04/02/1983Registered 21/02/1983

Change History

status → active
2026-08-15

Active

type → ltd
2026-08-15

Private Limited Company

address line1 → Stonedale Road
2026-08-15

STONEDALE ROAD

post town → Stonehouse
2026-08-15

STONEHOUSE

officer appointed → QUILTER, Martin John
2026-08-15
officer appointed → BROUGHTON, Ian
2026-08-15
officer appointed → O'NEIL, Christopher Paul
2026-08-15

CompanyRankvs 15+ SIC 09100 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.88× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

1980avg. employees+142

Tax at Year End(2023)

Dividends paid-£509k

People Costs

Wages & salaries£76.7M
NI contributions£8.2M

Balance Sheet

Intangible assets£25k
Assets less current liabilities£837.2M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20242.88-£1.4M
20233.44—

Derived from filed accounts. Not audited figures.