ALTUS INTERVENTION LIMITED
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Next accounts due
2025-12-31
Overdue
Confirmation statement due
2026-11-24 (in 6mo)
Last made up 2025-11-10
Watchouts
Cash
£7K
+16.7% vs 2022
Net assets
£53M
+27.5% vs 2022
Employees
514
-1.9% vs 2022
Profit before tax
£11M
+11.7% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-12-31.
Name history
Renamed 4 times since incorporation
- ALTUS INTERVENTION LIMITED 2014-04-24 → present
- WIS QSERV LTD 2014-01-16 → 2014-04-24
- AKER QSERV LIMITED 2009-04-24 → 2014-01-16
- QSERV LIMITED 2002-02-15 → 2009-04-24
- Q SERV LIMITED 2001-11-12 → 2002-02-15
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2023-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Turnover | £83,168,000 | £92,838,000 | |
| Operating profit | £10,674,000 | £11,192,000 | |
| Profit before tax | £9,949,000 | £11,113,000 | |
| Net profit | £10,371,000 | £11,459,000 | |
| Cash | £6,000 | £7,000 | |
| Total assets less current liabilities | £45,806,000 | £56,005,000 | |
| Net assets | £41,676,000 | £53,135,000 | |
| Equity | £41,676,000 | £53,135,000 | |
| Average employees | 524 | 514 | |
| Wages | £29,978,000 | £32,304,000 |
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 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating margin | 12.8% | 12.1% | |
| Net margin | 12.5% | 12.3% | |
| Return on capital employed | 23.3% | 20.0% | |
| Gearing (liabilities / total assets) | 29.2% | 26.0% | |
| Current ratio | 2.38x | 2.73x | |
| Interest cover | 11.54x | 40.55x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, having considered the foregoing, are confident that the company has adequate resources to continue to trade as a going concern for at least 12 months from approval of the accounts. Accordingly, the financial statements continue to be prepared under the going concern basis.”
Group structure
- ALTUS INTERVENTION LIMITED · parent
- Altus Intervention (EG) SARL 0.65%
Significant events
- “On 1 August 2024, the company sold its Process and Pipeline Services business to the fellow group company Process & Pipeline Services Limited for a consideration of £5,264,615.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUNLOP, Lorraine Amanda | Secretary | 2023-04-03 | — | — |
| FREEMAN, Mark | Director | 2023-04-03 | Jan 1966 | British |
| HULSEWE, Ewoud | Director | 2025-06-27 | Nov 1972 | American |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| IAIN SMITH & COMPANY | Corporate Nominee Secretary | 2001-11-12 | 2007-11-15 |
| MACLAY MURRAY & SPENS LLP | Corporate Secretary | 2007-11-15 | 2008-07-03 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2014-11-18 | 2023-04-03 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2008-07-03 | 2013-03-21 |
| ANDERSEN, Mads | Director | 2008-07-03 | 2011-09-07 |
| ASLAKSEN, Halle | Director | 2014-01-09 | 2015-04-20 |
| BERG, Haakon | Director | 2013-03-01 | 2014-08-07 |
| BETHUELSEN, Lars | Director | 2014-08-07 | 2023-04-03 |
| BOWMAN, David Sydney | Director | 2011-09-14 | 2013-02-28 |
| BRUNNEN, Jeremy Alan | Director | 2010-02-10 | 2013-11-18 |
| DJUVE, Ivar | Director | 2008-07-03 | 2013-02-28 |
| DREELAN, Ciaran Patrick | Director | 2002-03-19 | 2011-07-18 |
| DREELAN, Michael | Director | 2001-11-14 | 2008-07-03 |
| DREELAN, Sean Oliver | Director | 2001-11-26 | 2008-07-03 |
| DREELAN, Thomas Francis | Director | 2001-11-14 | 2011-07-18 |
| HAUGOM, Lars Jacob | Director | 2016-08-01 | 2017-03-31 |
| HOBKIRK, Colin Gordon | Director | 2001-11-12 | 2001-11-14 |
| KIDD, Charles | Director | 2011-09-14 | 2012-12-31 |
| LEKNES, Rolf Mikal | Director | 2013-03-01 | 2014-01-09 |
| MCPHIE, Jacqueline Donnachie | Director | 2013-03-01 | 2014-07-25 |
| MICHIE, Garry Grant | Director | 2011-09-14 | 2025-06-27 |
| MILNE, Scott Colin | Director | 2014-08-07 | 2023-04-03 |
| PRENTICE, Donald William Archibald | Director | 2014-11-18 | 2026-03-18 |
| PUENNEL, Wolfgang | Director | 2011-09-14 | 2013-02-28 |
| RASMUSSEN, Jørgen | Director | 2014-01-09 | 2014-08-07 |
| THOMESEN, Ole Petter | Director | 2008-07-03 | 2014-01-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Altus Intervention Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 178 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-11-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-05-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-04-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-11 | AA | accounts | Accounts with accounts type full | |
| 2021-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-04 | AA | accounts | Accounts with accounts type full | |
| 2020-12-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+11.6%
£83,168,000 £92,838,000
-
Cash
+16.7%
£6,000 £7,000
-
Net assets
+27.5%
£41,676,000 £53,135,000
-
Employees
-1.9%
524 514
-
Operating profit
+4.9%
£10,674,000 £11,192,000
-
Profit before tax
+11.7%
£9,949,000 £11,113,000
-
Wages
+7.8%
£29,978,000 £32,304,000
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