SPARROWS OFFSHORE SERVICES LIMITED

1. SPARROWS OFFSHORE SERVICES LIMITED 1978-12-31 → present
2. CRANE HIRE (BRISTOL) LIMITED 1965-04-14 → 1978-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the forecasts and projections, which cover the 12-month period from the date of signing the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The company has received confirmation from the ultimate parent company of continued support for at least 12 months from the date of approval of these financial statements. Accordingly, the going concern basis continues to be applied in the preparation of these financial statements.”

Group structure

1. SPARROWS OFFSHORE SERVICES LIMITED · parent
   1. Sparrows Offshore Services (Singapore) Pte Ltd 100% · Singapore · specialist engineering, inspection, operations and maintenance services to offshore energy, renewables and industrials markets
   2. Pt Sparrows Offshore 99% · Indonesia · specialist engineering, inspection, operations and maintenance services to offshore energy, renewables and industrials markets
   3. Pt Sparrows Services Batam 99% · Batam, Indonesia · Non trading
   4. Sparrows FZE 100% · UAE · specialist engineering, inspection, operations and maintenance services to offshore energy, renewables and industrials markets
   5. Sparrows India 1 Limited 100% · England · Holding company
   6. Sparrows Offshore Services India Private Limited 99.5% · India · specialist engineering, inspection, operations and maintenance services to offshore energy, renewables and industrials markets
   7. Sparrows Denmark ApS 100% · Denmark · Holding Company
   8. Alpha Offshore Service A/S 100% · Denmark · specialist engineering, inspection, operations and maintenance services to renewables market
   9. Alpha Renewable AS 100% · Norway · specialist engineering, inspection, operations and maintenance services to renewables market

Significant events

• “During the year the Company recorded a loss after tax of £12.2m (2024: £6.3m), primarily reflecting exceptional charges of £24.9m, comprising an impairment of intercompany receivables and investment impairment. These items also contributed to the reduction in net assets from £15.3m to £3.0m at 31 August 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -19.9%

  £150,484,000 → £120,579,000

• Cash

  -29.5%

  £17,009,000 → £11,993,000

• Net assets

  -80.2%

  £15,295,000 → £3,021,000

• Employees

  -4.4%

  1,320 → 1,262

• Operating profit

  -234.5%

  -£4,368,000 → -£14,611,000

• Profit before tax

  -185.2%

  -£4,088,000 → -£11,657,000

• Wages

  -4.7%

  £60,522,000 → £57,661,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers