DEEPOCEAN SUBSEA SERVICES LIMITED

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 Directors, having made due and careful enquiry, considering cashflow requirements and availability of working capital, are of the opinion that the company and wider group has adequate working capital to execute its operations over the next 12 months from date of approval of these financial statements. This assessment is underpinned by positive post year-end and projected trading results for the company and wider group. The Directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the company had adequate resources to continue in operational existence for the foreseeable future. As a result, they have continued to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “The Company had 1 spill to sea of over 10 litres in 2024 versus a target of 0 (2023: 15 spills over 10 litres).”

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

Filings

9

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

  +58.9%

  £124,830,000 → £198,374,000

• Cash

  +657%

  £2,559,000 → £19,371,000

• Net assets

  +100%

  £9,050,000 → £18,100,000

• Employees

  +14.8%

  257 → 295

• Operating profit

  +372.6%

  £4,845,000 → £22,897,000

• Profit before tax

  +223.9%

  £7,247,000 → £23,470,000

• Wages

  +30.8%

  £18,489,000 → £24,181,000

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