BUE CASPIAN LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-07 (in 11mo)
Last made up 2026-03-24
Watchouts
None on the register
Cash
£3M
-63.5% vs 2023
Net assets
-£30M
-13% vs 2023
Employees
56
-1.8% vs 2023
Profit before tax
£786K
-88.2% vs 2023
Name history
Renamed 3 times since incorporation
- BUE CASPIAN LIMITED 1993-05-21 → present
- BUE MARINE CASPIAN LIMITED 1993-04-23 → 1993-05-21
- BUE OFFSHORE SERVICES LIMITED 1992-06-19 → 1993-04-23
- HENJAC 209 LIMITED 1992-03-24 → 1992-06-19
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £96,486,290 | £67,584,439 | |
| Operating profit | £11,932,356 | £9,469,059 | |
| Profit before tax | £6,641,454 | £786,133 | |
| Net profit | £1,973,491 | -£3,459,582 | |
| Cash | £8,843,332 | £3,224,811 | |
| Total assets less current liabilities | -£18,093,076 | -£17,884,527 | |
| Net assets | -£26,631,532 | -£30,091,113 | |
| Equity | -£26,631,532 | -£30,091,113 | |
| Average employees | 57 | 56 | |
| Wages | £2,699,175 | £2,213,342 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 12.4% | 14.0% | |
| Net margin | 2.0% | -5.1% | |
| Return on capital employed | -65.9% | -52.9% | |
| Current ratio | 0.59x | 0.61x | |
| Interest cover | 2.26x | 1.09x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Just Audit & Assurance Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, despite the current economic uncertainty, these financial statements are prepared on a going concern basis.”
Significant events
- “The business disruptions caused by the Russia-Ukraine war since February 2022, have resulted in economic uncertainty across the globe and volatility in all markets, including oil and gas, to which the Company's operation are closely linked.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NARUMANCHI VENKATA LAKSHMI, Narayana Prasad | Secretary | 2022-01-03 | — | — |
| NARUMANCHI VENKATA LAKSHMI, Narayana Prasad | Director | 2020-02-11 | Nov 1968 | Indian |
| WILKINSON, Paul Robert | Director | 2024-10-08 | Mar 1972 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TAYLOR, George Alastair | Secretary | 1994-01-01 | 1997-10-10 |
| ADDLESHAW GODDARD (SCOTLAND) SECRETARIAL LIMITED | Corporate Secretary | 1997-10-10 | 2022-01-03 |
| HENDERSON BOYD JACKSON LIMITED | Corporate Nominee Secretary | 1992-03-24 | 1994-01-01 |
| ADAMS, Janess | Director | 1998-01-14 | 2008-08-15 |
| CUNNINGHAM, Edward Brandwood | Director | 1997-07-09 | 2005-07-15 |
| DAGA, Jay Kumar | Director | 2011-11-28 | 2020-01-22 |
| DESAI, Robert Emanuel | Director | 2015-04-06 | 2021-08-18 |
| DONALDSON, Roy William Vickers | Director | 2009-06-08 | 2015-02-12 |
| FAZELBHOY, Fazel Akbar | Director | 2008-05-01 | 2011-05-30 |
| GILL, Peter Godfrey William | Director | 1993-03-25 | 2005-07-15 |
| HELWEG, Martin | Director | 2021-08-18 | 2024-10-14 |
| KOFOD-OLSEN, Rene | Director | 2015-04-06 | 2020-03-15 |
| MACLEOD, George Scott | Director | 1998-07-11 | 2005-07-15 |
| MILLS, William Ali | Director | 2005-07-15 | 2008-05-01 |
| MITRA, Anjan | Director | 2005-07-15 | 2006-06-13 |
| ROLASTON, Carl Geoffrey | Director | 1992-04-09 | 2009-06-08 |
| TAYLOR, George Alastair | Director | 1992-04-09 | 1997-10-10 |
| THOMAS, Stephen Rowland | Director | 2006-06-13 | 2015-04-06 |
| HENDERSON BOYD JACKSON LIMITED | Corporate Nominee Director | 1992-03-24 | 1992-04-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bue Marine Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-06-30 | Active |
Filing timeline
Last 20 of 310 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-17 | AA | accounts | Accounts with accounts type full | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-08 | AA | accounts | Accounts with accounts type full | |
| 2024-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-15 | AA | accounts | Accounts with accounts type full | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-09 | AA | accounts | Accounts with accounts type full | |
| 2022-07-19 | AA | accounts | Accounts with accounts type full | |
| 2022-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-01-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-08-18 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-18 | AP01 | officers | Appoint person director company with name date | |
| 2021-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-12 | AA | accounts | Accounts with accounts type full | |
| 2020-06-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-06-04 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-30%
£96,486,290 £67,584,439
-
Cash
-63.5%
£8,843,332 £3,224,811
-
Net assets
-13%
-£26,631,532 -£30,091,113
-
Employees
-1.8%
57 56
-
Operating profit
-20.6%
£11,932,356 £9,469,059
-
Profit before tax
-88.2%
£6,641,454 £786,133
-
Wages
-18%
£2,699,175 £2,213,342
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