Subsea Technologies Group Limited in Aberdeen, AB15 4YL

Description

Data updated on: 01-11-2023

Subsea Technologies Group started conducting its business in the year 2009 as a Private Limited Company under the following Company Registration No.: SC370610. This particular business has been prospering for 15 years and the present status is active. This firm's head office is located in Aberdeen at 13 Queen's Road. You can also find this business utilizing its postal code, AB15 4YL. The company known today as Subsea Technologies Group Limited was known under the name Subsea Technologies up till 2010-04-07 then the business name was changed. The enterprise's SIC code is 82990: Other business support service activities not elsewhere classified. Subsea Technologies Group Ltd reported its latest accounts for the period that ended on Saturday 31st December 2022. Its most recent confirmation statement was submitted on Saturday 31st December 2022.

The knowledge we have regarding this particular company's executives indicates that there are three directors: Craig M., Leigh B. and Owen K. who were appointed on 2019-05-30. At least one secretary in this firm is a limited company, specifically Pinsent Masons Secretarial Limited.

Previous company's names
Subsea Technologies Group Limited 2010-04-07
Subsea Technologies Limited 2009-12-30

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31
Currency

Balance Sheet
Cash Bank On Hand	531	7 201	51 338	1 050
Current Assets	1 762 857	2 149 655	9 605 991	10 246 970
Debtors	1 762 326	8 828 992	9 554 653	10 245 920
Net Assets Liabilities	52 317	338 652	589 138	370 252
Other Debtors	15 000	15 000	23 680	17 255
Property Plant Equipment	51 623	19 394	61 620	56 063

Other Financial Data
Accrued Liabilities	406 894	165 694
Accumulated Amortisation Impairment Intangible Assets	151 197	203 046	262 510	339 723
Accumulated Depreciation Impairment Property Plant Equipment	237 919	270 148	288 457	300 822
Amounts Owed By Group Undertakings	1 727 017	8 791 992	9 530 973	10 228 665
Amounts Owed To Group Undertakings		6 686 538	7 316 844	7 323 180
Bank Borrowings Overdrafts		300
Creditors	1 613 889	1 613 889	1 613 889	1 613 889
Fixed Assets	365 607	382 792	427 355	383 315
Increase From Amortisation Charge For Year Intangible Assets		51 849	59 464	77 213
Increase From Depreciation Charge For Year Property Plant Equipment		32 229	18 309	12 365
Intangible Assets	313 981	363 395	365 732	327 249
Intangible Assets Gross Cost	465 178	566 441	628 242	666 972
Investments Fixed Assets	3	3	3	3
Investments In Group Undertakings	3	3	3	3
Net Current Assets Liabilities	1 300 599	1 569 749	1 775 672	1 600 826
Other Creditors		1 613 889	1 613 889	1 613 889
Other Taxation Social Security Payable			10
Prepayments Accrued Income	16 250	16 250
Property Plant Equipment Gross Cost	289 542	289 542	350 077	356 885
Recoverable Value-added Tax	4 059	5 750
Total Additions Including From Business Combinations Intangible Assets		101 263	61 801	38 730
Total Additions Including From Business Combinations Property Plant Equipment			60 535	6 808
Total Assets Less Current Liabilities	1 666 206	1 952 541	2 203 027	1 984 141
Trade Creditors Trade Payables	55 364	144 687	226 266	226 181