UK Companies House feature
NORSE ATLANTIC UK LTD
Cash
£25M
+665.5% vs 2021
Net assets
£15M
+372% vs 2021
Employees
94
+944.4% vs 2021
Profit before tax
—
Period ending 2022-12-31
Profile
- Company number
- 13384302
- Status
- Active
- Incorporation
- 2021-05-10
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 51101
Net assets
4-year trend · vs UK Logistics & Mobility median
Accounts
4-year trend · latest 2022-12-31
| Metric | Trend | 2021-05-09 | 2021-05-10 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | £8,051,251 | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | -£780,843 | -£9,025,516 | |
| Cash | — | — | £3,265,654 | £24,998,454 | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | — | — | £3,219,257 | £15,193,741 | |
| Equity | — | — | £9,657,771 | £0 | |
| Average employees | 0 | — | 9 | 94 | |
| Wages | — | — | £509,201 | £5,878,571 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Kreston Reeves LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“In the Board of Directors' opinion, the going concern assumption is present and applies as basis for the Company's financial statements, but under the conditions present, the going concern assumption is subject to uncertainty.”
Significant events
- “In December 2024, the Parent completed an equity direct private placement towards major shareholder BT Larsen & Co Limited affiliated by CEO Bjørn Tore Larsen, for new shares equal to 15% of the outstanding share capital. The issuance was done at NOK 5.00 per share, bringing in the NOK amount equivalent of USD 8.7 million. In addition, BT Larsen & Co Limited, provided Norse with a new shareholder loan of USD 6.3 million, bringing the total proceeds of new capital up into the amount of USD 15.0 million.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOILING, Ben | Director | 2021-05-10 | Nov 1979 | British |
| JOMAAS, Anders Hall | Director | 2023-12-18 | Feb 1977 | Norwegian |
| READ, Sarah Louise Allen | Director | 2024-08-07 | Mar 1974 | British |
| THOMAS, David William | Director | 2021-10-28 | May 1971 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BORG, Maria | Director | 2021-10-12 | 2024-08-07 |
| HODGES, Andrew | Director | 2021-10-12 | 2022-10-31 |
| LARSEN, Bjorn Tore | Director | 2022-03-02 | 2023-12-22 |
| LIVINGS, Jeffrey Steven | Director | 2022-11-01 | 2023-02-07 |
| SWAIN, Sean | Director | 2023-02-07 | 2025-10-30 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 33 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-31 | TM01 | officers | termination director company with name termination date |
| 2025-10-29 | AD01 | address | change registered office address company with date old address new address |
| 2025-09-24 | AA | accounts | accounts with accounts type full |
| 2025-06-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-18 | AA | accounts | accounts with accounts type full |
| 2024-08-13 | TM01 | officers | termination director company with name termination date |
| 2024-08-13 | AP01 | officers | appoint person director company with name date |
| 2024-06-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-11 | AP01 | officers | appoint person director company with name date |
| 2024-01-10 | TM01 | officers | termination director company with name termination date |
| 2023-05-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-05-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-05-18 | AA | accounts | accounts with accounts type full |
| 2023-04-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-04-12 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-02-27 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-02-20 | AP01 | officers | appoint person director company with name date |
| 2023-02-17 | TM01 | officers | termination director company with name termination date |
| 2022-11-08 | AD01 | address | change registered office address company with date old address new address |
| 2022-11-03 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory