UK Companies House feature
FRED. OLSEN CRUISE LINES LIMITED
Profile
- Company number
- 02672435
- Status
- Active
- Incorporation
- 1991-12-12
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 50100
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Cashflow forecasts prepared indicate that the Company will have sufficient cash reserves through to the end of the next period. Based on the above considerations the Directors believe that it remains appropriate to prepare the financial statements on a going concern basis, however, the continued uncertainty of availability of cashflows to satisfy loan repayments, and amounts owed to group undertakings payable on demand, represents a material uncertainty that may cast significant doubt upon the Company's ability to continue as a going concern.”
Subsidiaries
- Black Watch Cruise Ltd · 100% held · UK · Non-trading
- Boudicca Cruise Ltd · 100% held · UK · Non-trading
- Balmoral Cruise Ltd · 100% held · UK · Cruise vessel owner
Significant events
- “During the 2023, the Company disposed of its only vessel, MV Braemar.”
- “A capital repayment of £10,000,000 was made in December 2024; with a minimum repayment of £10,000,000 scheduled for 2025.”
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
7 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DOWLER, Jeremy | Secretary | 1995-09-04 | — | British |
| AA, Richard Olav | Director | 2019-04-11 | Aug 1966 | Norwegian |
| DOWLER, Jeremy | Director | 1995-09-04 | Mar 1948 | British |
| OLSEN, Anette Sofie | Director | 1998-06-19 | Sep 1956 | Norwegian |
| SEBASTIAN, Maria Cristina Perez | Director | 2025-09-15 | Feb 1970 | British |
| STIMPSON, Samantha | Director | 2024-05-16 | Dec 1978 | British |
| WOOD, Jon Simon | Director | 2025-09-15 | Jan 1964 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LEGGET, Robert Simon | Secretary | 1991-12-13 | 1995-09-04 |
| ANDRESEN, Harald Ivar | Director | 1996-09-05 | 2008-09-11 |
| BERGBY, Stein | Director | 1996-04-01 | 2006-02-24 |
| BRIGGINSHAW, Paul Michael | Director | 1993-07-19 | 2005-02-15 |
| DEER, Peter Colin | Director | 2019-09-01 | 2024-08-05 |
| HAAVARDSSON, Fridthjov | Director | 1996-04-01 | 2003-07-08 |
| HAYES, Derek | Director | 1991-12-13 | 1996-04-01 |
| LEGGET, Robert Simon | Director | 1991-12-13 | 1995-09-04 |
| LUND, Per Oscar | Director | 2006-06-07 | 2011-05-03 |
| LUNDE, Marten | Director | 2003-07-08 | 2007-05-10 |
| OLSEN, Thomas Fredrik | Director | 2005-11-15 | 2008-09-11 |
| OLSEN JUNIOR, Thomas Fredrik | Director | 1993-07-19 | 2022-07-04 |
| RODWELL, Michael Howard | Director | 2005-01-19 | 2019-08-31 |
| SOLEM, Ove Johan | Director | 2011-05-03 | 2013-03-22 |
| VALHEIM, Jan Peter | Director | 2007-05-10 | 2008-09-11 |
| WALLACE, John Cameron | Director | 1991-12-13 | 1996-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| First Olsen (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 203 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-26 | AP01 | officers | appoint person director company with name date |
| 2025-09-23 | AP01 | officers | appoint person director company with name date |
| 2025-09-09 | AA | accounts | accounts with accounts type full |
| 2024-11-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-18 | AA | accounts | accounts with accounts type full |
| 2024-08-06 | TM01 | officers | termination director company with name termination date |
| 2024-05-16 | AP01 | officers | appoint person director company with name date |
| 2023-11-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-21 | AA | accounts | accounts with accounts type full |
| 2022-11-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-09-24 | AA | accounts | accounts with accounts type full |
| 2022-07-11 | TM01 | officers | termination director company with name termination date |
| 2021-11-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-09-06 | AA | accounts | accounts with accounts type full |
| 2021-01-05 | SH01 | capital | capital allotment shares |
| 2020-12-18 | AA | accounts | accounts with accounts type full |
| 2020-11-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2020-06-23 | SH01 | capital | capital allotment shares |
| 2019-11-07 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory