SWORDFISH SHIPCO LIMITED

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a basis other than going concern, which the Directors believe to be appropriate since the company sold its vessel and ceased trading in June 2019. The company does have certain ongoing legal matters for which legal costs are incurred and recorded in the parent company books (Veolia Environmental Services North America LLC). As a result of these ongoing legal matters the company is expected to remain in existence for the foreseeable future, until they are resolved. In addition, any tax recharges relating to preparation & filing of Swordfish tax computation will be borne by Parent company.

1. SWORDFISH SHIPCO LIMITED 2013-05-29 → present
2. BLACKWOOD SHELF (NO. 11) LIMITED 2013-05-28 → 2013-05-29

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 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a basis other than going concern, which the Directors believe to be appropriate since the company sold its vessel and ceased trading in June 2019. The company does have certain ongoing legal matters for which legal costs are incurred and recorded in the parent company books (Veolia Environmental Services North America LLC). As a result of these ongoing legal matters the company is expected to remain in existence for the foreseeable future, until they are resolved. In addition, any tax recharges relating to preparation & filing of Swordfish tax computation will be borne by Parent company.”

Significant events

• “Subsequent to the year end one of the claims has been settled, court approval has been received for the settlement on August 1st, 2025, in accordance with the Consent Terms. Formal approval for the remaining two crew claims settlements is contingent upon obtaining all necessary plaintiff consent.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +4.4%

  £1,616,753 → £1,687,917

• Employees

  —

  Not reported

• Operating profit

  +186.5%

  -£82,283 → £71,164

• Profit before tax

  +186.5%

  -£82,283 → £71,164

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