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Offshore Wind Consultants Limited

07861245

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1ST FLOOR, THE NORTHERN & SHELL BUILDING, LONDON, EC3R 6EN
Incorporated 25/11/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
71122
Engineering related scientific and technical consulting activities

Officers

Mr William Edward Cleverly

director · Since 02/08/2017

BUSINESS EXECUTIVE

BRITISH · UNITED KINGDOM · Age 40

Mrs Katherine Emma Phillips

director · Since 27/03/2019

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Dr Rajapillai Veluppillai Ahilan

director · Since 05/12/2022

CHARTERED ENGINEER

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Persons with Significant Control

Abl Group Asa

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

4, Karenslyst Alle, Oslo

Reg: 913 757 424 · Norwegian Register Of Business Enterprise · A Norwegian Public Limited Liability Company

Notified 19/03/2020

Former PSCs

Mr Ian Dennis Bonnon

Ceased 01/07/2019

Mr Michiel Olaf Hotze

Ceased 01/12/2017

Mr William Edward Cleverly

Ceased 26/11/2020

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC AS SECURITY AGENT

Created 09/01/2024Registered 15/01/2024
Charge
satisfied

NORDEA BANK ABP, FILIAL I NORGE

Created 21/12/2020Registered 05/01/2021Satisfied 11/01/2024
Charge
satisfied

NORDEA BANK ABP, FILIAL I NORGE

Created 21/12/2020Registered 05/01/2021Satisfied 11/01/2024

CompanyRankvs 6199+ SIC 70229 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.07× · 12/20
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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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.

Liquidity12/20 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

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

Turnover

£13.5M

Annual revenue

Net Worth

£708k

Balance sheet strength

Cash

£866k

Cash in the bank

Profit Before Tax

-£683k

Bottom line earnings

Net Current Assets

£664k

Working capital

Current Assets

£9.8M

Current Liabilities

£9.1M

Debtors

£8.9M

Cost of Sales

£11.3M

Gross Profit

£2.1M

Admin Expenses

£3.1M

Operating Profit

-£689k

Profit After Tax

-£775k

79avg. employees

People Costs

Wages & salaries£6.5M
NI contributions£712k

Balance Sheet

Assets less current liabilities£708k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20241.07

Derived from filed accounts. Not audited figures.