INTEROCEAN PERSONNEL SERVICES (UK) LIMITED

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Fortus Audit LLP

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 company's ability to continue as a going concern.”

Significant events

• “The year 2025 proved challenging due to ongoing geopolitical developments and uncertainties. After the Trump administration came into power, a policy shift occurred in the US with the declaration of a national 'energy emergency'. This resulted in a renewed emphasis on, and accelerating of (domestic) fossil fuel production, the reversal of several clean-energy regulations and the suspension of parts of the offshore wind permitting process. These measures had substantial effects on global (energy) markets. This increased US-supply placed downward pressure on global oil & gas prices, resulting in declining revenues of oil procucing countries limiting their budgetary capacity for large infrastructure and country development projects. At the same time, lower fossil fuel prices, combined with political uncertainty and rising construction costs, further weakened the attractiveness of renewable energy investments.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -43.9%

  £17,890,753 → £10,032,385

• Cash

  +146.5%

  £91,374 → £225,251

• Net assets

  -52%

  £1,967,864 → £945,099

• Employees

  -45.1%

  71 → 39

• Operating profit

  -82%

  £936,855 → £168,213

• Profit before tax

  -82.4%

  £936,855 → £164,667

• Wages

  -55.5%

  £9,242,551 → £4,114,107

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