HELIX ROBOTICS SOLUTIONS LIMITED

1. HELIX ROBOTICS SOLUTIONS LIMITED 2019-07-30 → present
2. CANYON OFFSHORE LIMITED 2000-09-29 → 2019-07-30
3. SEACOTE LIMITED 2000-08-31 → 2000-09-29

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

Reporting scope

Standalone (parent only)

Auditor

Anderson Anderson & Brown Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons. At the financial year end, the Company had net assets of $87,728,000, net current assets of $55,222,000, a positive cash balance of $11,077,000 and a profit for the year then ended of $22,510,000. The Company has no external borrowings. Included within the net assets are amounts due to group undertakings of $5,828,000. The group companies have confirmed they will not seek repayment of these balances to the detriment of other creditors. The directors have prepared projected cash flow information for the twelve months from the date of approval of these financial statements, which includes severe but reasonably plausible downside scenario in which revenues are restricted through lower levels of asset utilisation throughout the forecasted period. The directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “The Company took operational ownership of a new leased vessel in Q1 of 2025. The lease agreement was signed prior to the year end, however the underlying asset was not made available for use by the Company until 2025.”
• “The Company also signed a new vessel contract lease in Q1 of 2025 with the vessel expected to be delivered for service in early 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

  -3.9%

  £112,915,493 → £108,544,848

• Cash

  +57%

  £5,229,800 → £8,211,268

• Net assets

  +34.5%

  £48,345,441 → £65,031,875

• Employees

  +18.9%

  37 → 44

• Operating profit

  +23%

  £22,657,524 → £27,868,050

• Profit before tax

  +18.4%

  £18,106,004 → £21,437,361

• Wages

  +30.7%

  £2,512,231 → £3,283,173

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