UK Companies House feature
GULFMARK NORTH SEA LIMITED
Cash
—
Latest balance sheet
Net assets
£127M
Equity attributable
Employees
3
Average over period
Profit before tax
-£16K
Period ending 2024-12-31
Profile
- Company number
- 02625893
- Status
- Active
- Incorporation
- 1991-06-26
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 50200
Net assets
6-year trend · vs UK Logistics & Mobility median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-01-01 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | -£12,000 | — | -£21,000 | — | -£16,000 | |
| Profit before tax | — | -£12,000 | — | -£21,000 | — | -£16,000 | |
| Net profit | — | -£12,000 | — | -£21,000 | — | -£16,000 | |
| Cash | — | £5,000 | — | — | — | — | |
| Total assets less current liabilities | — | £126,711,000 | — | £126,690,000 | — | £126,674,000 | |
| Net assets | — | £126,711,000 | — | £126,690,000 | — | £126,674,000 | |
| Equity | £126,723,000 | £126,711,000 | £126,711,000 | £126,690,000 | — | £126,674,000 | |
| Average employees | — | 3 | — | 3 | — | 3 | |
| Wages | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Audit & Accountancy Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements have been prepared on a going concern basis. Directors are of the opinion that the going concern assessment is not in doubt. Auditors concluded directors' use of the going concern basis of accounting is appropriate.”
Subsidiaries
- Tidewater Marine UK Ltd · 100% held · United Kingdom
- Tidewater Personnel UK Ltd · 100% held · United Kingdom
- GulfMark UK International Ltd · 100% held · United Kingdom
- Tidewater Norge AS · 100% held · Norway
- Gulf Channel Offshore Services LDA · 49% held · Angola
- Tidewater Marine AS · 100% held · Norway
- Tidewater Rederi AS · 100% held · Norway
Significant events
- “The offshore vessel services market improved markedly through 2024. The UK saw £6 billion of investment in 2024 a marked increase for both exploration and development drilling in the North Sea. During 2024 vessel utilization increased and, subsequently, day rates began to climb with Charterers looking to fix vessels on term contracts rather than servicing their requirements from the spot market. 2024 also saw an increase in offshore renewable activities.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCINTOSH GEDDES, Ewan | Secretary | 2007-12-31 | — | British |
| HUNTERS CO SEC LTD | Corporate Secretary | 2008-07-18 | — | — |
| KNEEN, Quintin Venable | Director | 2009-12-22 | Oct 1965 | American |
| MCINTOSH GEDDES, Ewan | Director | 2007-12-31 | Jul 1969 | British |
| WILSON, Steven Ronald | Director | 2015-07-08 | Jul 1965 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MASHINSKI, Carla Suzanne | Secretary | 2004-05-14 | 2008-07-18 |
| MITCHELL, Kevin Dale | Secretary | 1996-08-26 | 2004-05-14 |
| RIVERSIDE SECURITIES LIMITED | Corporate Secretary | 1991-07-03 | 2007-12-31 |
| BUTTERS, David Joseph | Director | 1991-11-14 | 2006-09-06 |
| DARE, David William | Director | 1991-06-26 | 2007-12-30 |
| GUTHRIE, Edward Austin | Director | 2001-07-13 | 2009-12-22 |
| KENNEDY, Perry | Director | 2008-07-18 | 2015-07-08 |
| MACCOLL, Aase Marie Larsen | Director | 2001-07-13 | 2005-09-19 |
| PIERCE, Frank Richard | Director | 1991-10-17 | 1999-04-08 |
| STREETER, Bruce Allen | Director | 1991-11-14 | 2013-06-04 |
| WILSON, David Alan | Director | 2008-01-30 | 2016-01-12 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-10 | CH03 | officers | change person secretary company with change date |
| 2025-11-10 | CH01 | officers | change person director company with change date |
| 2025-11-10 | CH01 | officers | change person director company with change date |
| 2025-10-22 | CH04 | officers | change corporate secretary company with change date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-06-25 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-05-27 | AD01 | address | change registered office address company with date old address new address |
| 2024-09-30 | AA | accounts | accounts with accounts type full |
| 2024-07-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-10 | AA | accounts | accounts with accounts type full |
| 2023-07-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-10 | AA | accounts | accounts with accounts type full |
| 2022-07-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-10-05 | AA | accounts | accounts with accounts type full |
| 2021-07-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-01-04 | AA | accounts | accounts with accounts type full |
| 2020-07-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-10-03 | AA | accounts | accounts with accounts type full |
| 2019-07-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-01-14 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
1127.23
SAFE
Altman Z″
- Working capital / Total assets 0.008 × 6.56 = +0.05
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.000 × 6.72 = -0.00
- Book equity / Total liabilities 1073.508 × 1.05 = +1127.18
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory