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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-16 (in 6mo)

Last made up 2025-11-02

Watchouts

None on the register

Cash

£3M

+96.4% highest in 4 filed years

Net assets

£3M

+78% highest in 4 filed years

Employees

15

0% vs 2023

Profit before tax

£2M

+168.7% vs 2023

Name history

Renamed 4 times since incorporation

  1. SMEDVIG CAPITAL LIMITED 2007-02-13 → present
  2. PEDER SMEDVIG CAPITAL LIMITED 1996-05-17 → 2007-02-13
  3. PEDER SMEDVIG & CO LIMITED 1996-01-08 → 1996-05-17
  4. PETER SMEDVIG & CO LIMITED 1995-12-22 → 1996-01-08
  5. WIDEAUTO LIMITED 1995-11-02 → 1995-12-22

Accounts

7-year trend · latest reflected 2024-12-31

Metric Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £6,524,671£7,729,794
Operating profit £624,233£1,722,987
Profit before tax £666,138£1,790,132
Net profit £0£513,553£512,372£1,346,826
Cash £2,499,746£1,174,577£1,624,863£3,191,573
Total assets less current liabilities £700,980£1,214,533£1,726,905£3,073,731
Net assets £700,000£1,213,553£1,725,925£3,072,751
Equity £1,184,459£1,204,649£700,000£700,000£1,213,553£1,725,925£3,072,751
Average employees 15141515
Wages

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin 9.6%22.3%
Net margin 7.9%17.4%
Return on capital employed 36.1%56.1%
Current ratio 2.07x2.66x

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.

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Consolidated group
Auditor
Azets Audit Services
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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.”

Group structure

  1. SMEDVIG CAPITAL LIMITED · parent
    1. Smedvig Ventures Limited 100% · United Kingdom
    2. Smedvig Tveteraas GP Limited 100% · United Kingdom
    3. Peder Smedvig Capital Special L³ Limited 100% · United Kingdom
    4. Smedvig Capital Nominee Limited 100% · United Kingdom

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

People

6 active · 12 resigned

Name Role Appointed Born Nationality
CAIRNS, Alistair Benedict Director 2007-01-01 May 1969 British
DE VIBE, Klaus Director 2024-01-31 Jul 1975 Norwegian
HEWETT, John Clinton Director 1997-02-01 Dec 1963 British
OVSTEBO, Bernt Olav Director 2024-01-31 Nov 1984 Norwegian
SOLTE, Marit Director 2026-01-20 Apr 1970 Norwegian
YOUNG, Cristian Cornelius Director 2022-09-01 Jun 1979 British
Show 12 resigned officers
Name Role Appointed Resigned
CAIRNS, Alistair Benedict, The Hon Secretary 2004-06-22 2011-05-20
DENHAM, Emma Mary Russell Secretary 1997-02-01 2004-12-16
SHARP, Melanie Janet Secretary 1995-12-14 1997-01-31
YOUNG, Cristian Cornelius Secretary 2011-05-20 2024-01-31
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 1995-11-02 1995-12-14
CAIRNES, Alistrair Benedict Director 2007-01-05 2007-11-05
SMEDVIG, Anna Margaret Director 2017-02-23 2022-09-01
SMEDVIG, Peter Thomas Director 1995-12-14 2017-02-23
SUMMERHAYES, Mark Richard David Director 2000-08-23 2005-03-23
TOMS, Robert Peter Director 2005-03-24 2024-01-31
TORLAND, Odd Director 2017-02-23 2024-01-31
INSTANT COMPANIES LIMITED Corporate Nominee Director 1995-11-02 1995-12-14

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Smedvig Capital As Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-07-20 Active
Mr Peter Thomas Smedvig Individual Significant influence 2016-04-06 Ceased 2020-07-20
Miss Anna Margaret Smedvig Individual Significant influence 2016-04-06 Ceased 2016-04-06

Filing timeline

Last 20 of 147 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-01-06 RESOLUTIONS Resolution
Date Type Category Description
2026-04-08 RP01AP01 officers Replacement filing of director appointment with name PDF
2026-03-06 RP01AP01 officers Replacement filing of director appointment with name PDF
2026-01-31 AP01 officers Appoint person director company with name date
2026-01-13 SH01 capital Capital allotment shares
2026-01-06 RESOLUTIONS resolution Resolution
2025-11-03 CS01 confirmation-statement Confirmation statement with updates PDF
2025-10-15 CH01 officers Change person director company with change date PDF
2025-07-21 AA accounts Accounts with accounts type group PDF
2025-02-04 CH01 officers Change person director company with change date PDF
2024-11-04 CS01 confirmation-statement Confirmation statement with updates PDF
2024-11-04 CH01 officers Change person director company with change date PDF
2024-11-04 CH01 officers Change person director company with change date PDF
2024-11-04 CH01 officers Change person director company with change date PDF
2024-07-25 AA accounts Accounts with accounts type small PDF
2024-03-22 TM02 officers Termination secretary company with name termination date PDF
2024-03-13 AP01 officers Appoint person director company with name date
2024-03-12 TM01 officers Termination director company with name termination date PDF
2024-03-12 TM01 officers Termination director company with name termination date PDF
2024-03-12 AP01 officers Appoint person director company with name date PDF
2023-11-20 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
1

last 24 months

Officers appointed
1

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page