ORE CATAPULT DEVELOPMENT SERVICES LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-12-09 (in 7mo)
Last made up 2025-11-25
Watchouts
None on the register
Cash
£3M
+11.5% vs 2024
Net assets
£17M
+6.8% vs 2024
Employees
—
Average over period
Profit before tax
£1M
+4% vs 2024
Name history
Renamed 1 time since incorporation
- ORE CATAPULT DEVELOPMENT SERVICES LIMITED 2015-04-22 → present
- NAREC DEVELOPMENT SERVICES LIMITED 2005-11-25 → 2015-04-22
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £16,431,000 | £14,222,000 | |
| Operating profit | £1,363,000 | £1,417,000 | |
| Profit before tax | £1,363,000 | £1,417,000 | |
| Net profit | £1,015,000 | £1,067,000 | |
| Cash | £2,617,000 | £2,919,000 | |
| Total assets less current liabilities | £15,794,000 | £16,861,000 | |
| Net assets | £15,794,000 | £16,861,000 | |
| Equity | £15,794,000 | £16,861,000 | |
| Average employees | — | — | |
| 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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 8.3% | 10.0% | |
| Net margin | 6.2% | 7.5% | |
| Return on capital employed | 8.6% | 8.4% | |
| Current ratio | 22.03x | 18.69x |
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
- Anderson Anderson & Brown 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
- ORE CATAPULT DEVELOPMENT SERVICES LIMITED · parent
- Shandong TUS Offshore Renewable Energy Centre (TORC) Limited 30%
Significant events
- “The directors, having considered the legacy impacts of COVID-19 and continued geopolitical instability, are reassured that while there are short term 'headwinds', in the longer term, the offshore renewable energy markets remain buoyant, with the results of the ScotWind seabed leasing round providing a major boost for the UK's green economy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALLS, Andrew Peter Lindsay | Secretary | 2021-08-27 | — | — |
| FOXLEY, Steven Robert | Director | 2024-12-31 | Jul 1976 | British |
| GARCIA DUFFY, Cristina, Dr | Director | 2022-04-01 | May 1980 | Spanish |
| MACDONALD, Andrew James | Director | 2022-04-01 | Apr 1968 | British |
| WALLS, Andrew Peter Lindsay | Director | 2015-03-20 | Jul 1968 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEATTIE, Steven James | Secretary | 2020-03-13 | 2021-08-27 |
| CHIPCHASE, Jill | Secretary | 2005-11-25 | 2006-06-06 |
| CURRIE, David Bernard | Secretary | 2015-02-09 | 2015-03-20 |
| CURRIE, David | Secretary | 2014-03-31 | 2015-02-02 |
| MARR, Richard Donald | Secretary | 2006-06-28 | 2014-03-31 |
| TODD, James Douglas William | Secretary | 2019-03-04 | 2020-03-13 |
| WALLS, Andrew Peter Lindsay | Secretary | 2015-02-02 | 2019-03-04 |
| CASELEY, Steven | Director | 2011-04-27 | 2012-11-09 |
| CLOUGH, John William | Director | 2011-05-06 | 2013-05-04 |
| FLOYD, Christopher Gordon, Dr | Director | 2012-06-01 | 2014-05-07 |
| HILL, Christopher Joseph | Director | 2016-03-15 | 2021-05-13 |
| IKWUE, Anthony, Dr | Director | 2012-02-01 | 2013-10-24 |
| JAMIESON, Andrew John | Director | 2014-10-27 | 2024-07-09 |
| KENNEDY, Malcolm William, Dr | Director | 2006-03-24 | 2012-01-31 |
| LINFOOT, Richard John | Director | 2005-11-25 | 2006-01-31 |
| MARR, Richard Donald | Director | 2006-06-28 | 2014-10-29 |
| MCINTOSH, Jeffrey Alder | Director | 2012-02-01 | 2014-03-31 |
| MILL, Andrew | Director | 2005-11-25 | 2014-04-01 |
| MURCH, Trevor James | Director | 2011-12-01 | 2014-03-31 |
| QUINN, Anthony Lawrence | Director | 2011-04-27 | 2025-03-28 |
| RICKETT, William Francis Sebastian | Director | 2010-10-01 | 2013-05-31 |
| RUTHERFORD, Alan Gray, Dr | Director | 2006-03-24 | 2011-12-01 |
| TAVNER, Peter John, Professor | Director | 2007-07-01 | 2011-08-10 |
| THOMPSON, Ruth | Director | 2012-02-01 | 2013-05-17 |
| THOMPSON, Ruth | Director | 2007-07-01 | 2007-07-01 |
| WALLS, Andrew Peter Lindsay | Director | 2015-02-02 | 2015-02-09 |
| WHITE, Anthony Alfred Leigh, Dr | Director | 2006-03-24 | 2012-05-31 |
| WHITE, Anthony Alfred Leigh, Dr | Director | 2006-03-24 | 2006-03-24 |
| WILSON, Brian David Henderson, Rt Hon | Director | 2006-03-24 | 2006-08-31 |
| WYATT, Stephen Mark, Dr | Director | 2022-04-01 | 2025-10-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Offshore Renewable Energy Catapult | Corporate entity | Significant influence | 2016-06-01 | Active |
Filing timeline
Last 20 of 119 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-07 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-04 | AA | accounts | Accounts with accounts type full | |
| 2023-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-17 | AA | accounts | Accounts with accounts type full | |
| 2022-11-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-12 | AA | accounts | Accounts with accounts type full | |
| 2022-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-05 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-30 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-08-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-07-21 | AA | accounts | Accounts with accounts type full | |
| 2021-06-22 | 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
- 0
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-13.4%
£16,431,000 £14,222,000
-
Cash
+11.5%
£2,617,000 £2,919,000
-
Net assets
+6.8%
£15,794,000 £16,861,000
-
Employees
—
Not reported
-
Operating profit
+4%
£1,363,000 £1,417,000
-
Profit before tax
+4%
£1,363,000 £1,417,000
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