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Rever Offshore Vessel Management Limited

11440652

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1 PARK ROW, LEEDS, LS1 5AB
Incorporated 29/06/2018

Compliance

Last accounts

28/12/2024

small

Next accounts due

28/09/2026

On track

Confirmation statement

Last: 08/05/2025

Due 22/05/2026

Overdue

Industry

64209
Activities of other holding companies

Officers

Bjorn Ivar Carlsen

director · Since 18/01/2021

COMPANY DIRECTOR

NORWEGIAN · NORWAY · Age 69

Also on 4 other boards

Riulf Karsten Rustad

director · Since 18/01/2021

COMPANY DIRECTOR

NORWEGIAN · NORWAY · Age 64

Also on 4 other boards

Persons with Significant Control

Fara Holdco Limited

Significant control

11-15, Seaton Place, St Helier, JE4 0QH

Reg: 125458 · Jersey Financial Services Commission · Private Limited Company

Notified 31/12/2020

Former PSCs

Mr James Gerard Dinan

Ceased 31/12/2020

Charges1 outstanding

Charge
outstanding

FARA HOLDCO LIMITED

Created 27/02/2019Registered 11/03/2019
Charge
satisfied

FARA HOLDCO LIMITED

Created 27/02/2019Registered 07/03/2019Satisfied 29/04/2021
Charge
satisfied

FARA HOLDCO LIMITED

Created 27/02/2019Registered 07/03/2019Satisfied 29/04/2021
Charge
satisfied

FARA HOLDCO LIMITED

Created 27/02/2019Registered 07/03/2019Satisfied 29/04/2021

CompanyRankvs 22770+ SIC 64209 peers
30

Financial strength95th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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.

Longevity8/15 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 concern are d

Key FinancialsYear ending 28/12/2020

Turnover

£13.4M

Annual revenue

Net Worth

£4.8M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£504k

Bottom line earnings

Net Current Assets

£5.5M

Working capital

Current Assets

£180k

Current Liabilities

Fixed Assets

£11.0M

Debtors

£95k

Cost of Sales

£13.3M

Gross Profit

£112k

Admin Expenses

£100k

Operating Profit

-£2.9M

Profit After Tax

£504k

0avg. employees

Balance Sheet

Assets less current liabilities£5.4M
Prepared with CCH Software