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Prosafe Offshore Limited

03320915

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

GROUND FLOOR TEMPLEBACK, BRISTOL, BS1 6FL
Incorporated 19/02/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

09100
Support activities for petroleum and natural gas extraction

Officers

Lc Secretaries Limited

secretary · Since 15/03/2010

BRITISH

Also on 468 other boards

Mr Ryan Stewart

director · Since 01/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Reese Worth Mcneel

director · Since 16/08/2022

CHIEF FINANCIAL OFFICER

AMERICAN · NORWAY · Age 49

Persons with Significant Control

Prosafe Se

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

PO BOX 978, Sentrum, N0104 Oslo

Reg: N/A · Norway · European Public Limited Liability Company

Notified 05/05/2022

Former PSCs

Prosafe (Uk) Holdings Limited

Ceased 05/05/2022

Charges3 outstanding

Charge
outstanding

CSC (NORWAY) AS AS SECURITY AGENT

Created 21/07/2025Registered 22/07/2025
Charge
outstanding

NORDEA BANK ABP, FILIAL I NORGE AS JOINT SECURITY AGENT

Created 10/12/2021Registered 13/12/2021
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 03/12/2010Registered 15/12/2010

CompanyRankvs 9860+ SIC 09100 peers
28

Financial strength13th percentile among SIC peers · 3/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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986Prosafe Offshore Limited
48
How is this score calculated?
Financial strength3/25 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.

Liquidity0/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and assess the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and use the going concern basis of accounting unless they either intend to liquidate the company or cease operations, or hav

Key FinancialsYear ending 31/12/2024

Net Worth

£0

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Admin Expenses

£5.3M

Profit After Tax

£1.4M

24avg. employees-3

People Costs

Wages & salaries£2.7M
Prepared with CCH Software