North Offshore Limited

North Offshore Ltd from Altens, UK, is a large company operating as a holding company with an active status. Established 17 years ago in July 2007, it employs 65 people and holds assets valued at £10,156,341. The company has a real address, is managed by five directors, and has one owner. Its Google rating stands at 4.0 based on three reviews, and it regularly imports iron or steel products, with the last import operation occurring in October 2024.

The company’s website, North Group Design, Build, Manage, positions North Offshore as part of a broader construction and maintenance group. They offer design, build, and maintenance solutions for both onshore and offshore projects, catering to a range of sectors and project sizes. The website highlights their ability to provide complete solutions, from office design to project management, and encourages potential clients to contact them for a consultation. They even have a section dedicated to recent news and project spotlights, showcasing awards and client testimonials.

Financially, North Offshore Ltd’s report reveals some concerning trends. While cash bank on hand increased by a substantial 62% to £5.6 million, net assets also rose by 19% to £6.1 million, suggesting a healthier overall position. However, administrative expenses grew by 3.4% to £1.7 million, and staff costs increased by 18% to £2.7 million, which could be a sign of increased operational costs. Creditors also surged by 74% to £4.2 million, which could be a cause for concern if not managed effectively. It's worth noting that the company’s turnover increased by 49% to £10 million, which is a positive indicator, but the rise in costs needs to be monitored. The company’s auditors are Hall Morrice LLP. Overall, North Offshore Ltd seems to be growing, but needs to keep a close eye on its expenses to ensure long-term financial stability.

Registered in Scotland under the registration number SC328499, with a registered address at AB12 3PG, Altens, Aberdeen, Saltire House, Blackness Avenue.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.