Gulfmark North Sea Limited
02625893
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-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: 25/06/2025
Due 09/07/2026
Industry
Officers
secretary · Since 31/12/2007
MANAGER
BRITISH · UNITED KINGDOM · Age 56
Also on 1 other board
director · Since 31/12/2007
MANAGER
BRITISH · SCOTLAND · Age 56
Also on 1 other board
director · Since 22/12/2009
CHIEF FINANCIAL OFFICER
AMERICAN · UNITED STATES · Age 60
Also on 1 other board
director · Since 08/07/2015
DIRECTOR
BRITISH · SCOTLAND · Age 60
Also on 2 other boards
Charges0 outstanding
DNB BANK ASA, NEW YORK BRANCH AS SECURITY TRUSTEE
DNB BANK ASA
THE CHASE MANHATTAN BANK (THE TRUSTEE)
THE CHASE MANHATTAN BANK N.A.
NORSK SKIBS HYPOTHEKBANK AS
CompanyRankvs 36+ SIC 50200 peers77
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
£126.7M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£16k
Bottom line earnings
Net Current Assets
£999k
Working capital
Current Assets
£1.1M
Current Liabilities
£118k
Fixed Assets
£125.7M
Debtors
£1.1M
Admin Expenses
£16k
Operating Profit
-£16k
Profit After Tax
-£16k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 9.47 | -£16k |
| 2023 | 10.95 | — |
Derived from filed accounts. Not audited figures.