UNION CRUDE CARRIERS HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  Following the sale of the fleet, the Group no longer owns any vessels. The directors will look to strike-off the parent and subsidiary companies once all outstanding receivables have been collected and liabilities settled. As a result the financial statements have not been prepared on a going-concern basis.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Malde & Co

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Following the sale of the fleet, the Group no longer owns any vessels. The directors will look to strike-off the parent and subsidiary companies once all outstanding receivables have been collected and liabilities settled. As a result the financial statements have not been prepared on a going-concern basis.”

Group structure

1. UNION CRUDE CARRIERS HOLDINGS LIMITED · parent
   1. UCC 1 Limited 100% · U.K · Shipping
   2. UCC 2 Limited 100% · U.K · Shipping
   3. UCC 3 Limited 100% · U.K · Shipping
   4. UCC 4 Limited 100% · U.K · Shipping
   5. UCC 5 Limited 100% · U.K · Shipping

Significant events

• “The previous principal activity of the Group was the ownership and operation of five Aframax tankers, however all five vessels were sold in a previous year and the Group has subsequently ceased trading.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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