SILVERSEA CRUISES (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-25 (in 7mo)
Last made up 2025-12-11
Watchouts
None on the register
Cash
£293K
-62.2% vs 2023
Net assets
£20M
+140.3% vs 2023
Employees
109
-14.8% vs 2023
Profit before tax
£2M
-29% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £29,671,993 | £43,109,033 | |
| Operating profit | £3,173,954 | £2,349,638 | |
| Profit before tax | £3,040,875 | £2,157,716 | |
| Net profit | £2,347,431 | £1,612,211 | |
| Cash | £776,026 | £292,997 | |
| Total assets less current liabilities | £8,168,891 | £19,633,180 | |
| Net assets | £8,168,891 | £19,633,180 | |
| Equity | £8,168,891 | £19,633,180 | |
| Average employees | 128 | 109 | |
| Wages | £9,090,979 | £10,176,114 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 10.7% | 5.5% | |
| Net margin | 7.9% | 3.7% | |
| Return on capital employed | 38.9% | 12.0% | |
| Current ratio | 1.50x | 1.96x | |
| Interest cover | 23.85x | 11.05x |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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
- SILVERSEA CRUISES (UK) LIMITED · parent
- SG Expeditions SAGL 100%
- Silversea Holding (UK) Limited 100%
- Canodros CL 100%
- Turismo y Hoteles Navarino SpA 50%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HERNANDEZ, Alberto Antolin, Mr. | Director | 2024-04-19 | Jun 1975 | American |
| HOLTZ, Naftali, Mr. | Director | 2024-02-23 | Jun 1977 | Israeli |
| LAKE, Robert Alexander | Director | 2024-02-23 | Aug 1971 | American |
| NUESSEL, Andreas Robert | Director | 2025-03-18 | Mar 1977 | German |
| RITZCOVAN, Dana | Director | 2024-02-23 | Jan 1971 | American |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENNETT, Carleen | Secretary | 2007-03-30 | 2008-05-01 |
| QUIDDINGTON, Roy | Secretary | 1996-12-11 | 2007-02-07 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1996-12-11 | 1996-12-11 |
| BAJAJ, Pradeep | Director | 2002-05-21 | 2004-11-10 |
| BAJAJ, Pradeep | Director | 1996-12-11 | 2001-06-12 |
| BONNER, Michael John | Director | 2014-04-01 | 2015-01-16 |
| CAMERON, Ewen Addison | Director | 2015-03-01 | 2017-02-10 |
| LEFEBVRE D'OVIDIO DE CLUNIERES DI BALSORANO, Manfredi | Director | 2001-06-12 | 2004-07-31 |
| LIBERTY, Jason | Director | 2021-01-01 | 2023-12-21 |
| MARSHALL, Ruth Geraldine | Director | 2021-01-01 | 2023-12-31 |
| MARTINOLI, Roberto | Director | 2016-09-19 | 2023-03-21 |
| MCAULEY, Lisa Michelle | Director | 2016-04-01 | 2018-01-25 |
| MUCKERMANN, Barbara | Director | 2023-03-21 | 2024-04-12 |
| ODELL, Stephen | Director | 2011-07-01 | 2015-05-12 |
| PERASSO, Amerigo | Director | 2007-03-30 | 2010-06-08 |
| PERASSO, Amerigo | Director | 2001-06-12 | 2002-02-07 |
| PETER, Albert | Director | 2001-06-12 | 2006-01-30 |
| QUIDDINGTON, Roy | Director | 2002-05-21 | 2007-02-07 |
| REDFERN, Trudy | Director | 2007-03-30 | 2011-06-30 |
| SHANKS, Peter David Kenneth | Director | 2018-02-05 | 2025-06-30 |
| SMITH, William Larry | Director | 1996-12-11 | 2001-06-12 |
| VISONE, Vincenzo | Director | 2010-06-08 | 2016-09-19 |
| ZARPANELY, Alexander Aris | Director | 2002-05-21 | 2007-03-30 |
| ZARPANELY, Alexander Aris | Director | 1996-12-11 | 2001-06-12 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1996-12-11 | 1996-12-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Silversea Cruises (Europe) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 167 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-23 | SH01 | capital | Capital allotment shares | |
| 2024-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2024-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-25 | RP04TM01 | officers | Second filing of director termination with name | |
| 2023-12-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-04 | AA | accounts | Accounts with accounts type full | |
| 2023-03-31 | CH01 | officers | Change person director company with change date | |
| 2023-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-31 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
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
-
Turnover
+45.3%
£29,671,993 £43,109,033
-
Cash
-62.2%
£776,026 £292,997
-
Net assets
+140.3%
£8,168,891 £19,633,180
-
Employees
-14.8%
128 109
-
Operating profit
-26%
£3,173,954 £2,349,638
-
Profit before tax
-29%
£3,040,875 £2,157,716
-
Wages
+11.9%
£9,090,979 £10,176,114
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