BOSKALIS OFFSHORE LIMITED

1. BOSKALIS OFFSHORE LIMITED 2016-08-17 → present
2. VOLKER STEVIN OFFSHORE LIMITED 2012-11-14 → 2016-08-17

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The company has considerable financial resources and a strong net asset position. Therefore, the directors believe that the company is well placed to manage its business risks successfully. The directors have a reasonable expectation that for a period of 12 months from the date of approving the company financial statements for the year ended 31 December 2024, the company has adequate resources to continue in operational existence (further details are set out in note 1). Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “The company began the year having previously secured works on the East Anglia Three Offshore Wind Farm, Sofia Offshore Wind Farm and Crossans & SNS Subsea Rock Installation project ('CSNS'). The works for Sofia and CSNS were successfully completed during the year, providing a positive result. The East Anglia Three project commenced in November 2024 and continues into 2025. The works performed in 2024 were limited, however with this continuing into 2025 and 2026, a strong contribution to Turnover and Gross Margin is expected for both these years.”
• “During 2023, the converted 'Seapiper' fallpipe vessel came into service. In 2024, the group acquired an additional vessel which will also be converted into a fallpipe vessel, named 'Windpiper', which is expected to come into service in 2026.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.

• Turnover

  —

  Not reported

• Cash

  +20%

  £30,340 → £36,408

• Net assets

  +17.3%

  £4,667,129 → £5,474,168

• Employees

  —

  Not reported

• Operating profit

  +1,230%

  -£43,343 → £489,771

• Profit before tax

  +207.3%

  £355,409 → £1,092,233

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