GOLAR MANAGEMENT LTD
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Cash
£3.3M
USD 4,433,629
+53% vs 2023
Net assets
£32M
USD 42,640,741
+2.8% vs 2023
Employees
39
+14.7% vs 2023
Profit before tax
£629K
USD 840,526
-77.3% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £31,365,182 | £31,765,445 | +1.3% | |
| Operating profit | £447,842 | £457,962 | +2.3% | |
| Profit before tax | £2,777,434 | £629,230 | -77.3% | |
| Net profit | £2,509,847 | £581,410 | -76.8% | |
| Cash | £2,168,799 | £3,319,081 | +53% | |
| Total assets less current liabilities | £30,420,439 | £32,218,879 | +5.9% | |
| Net assets | £31,064,248 | £31,921,501 | +2.8% | |
| Equity | £31,064,248 | £31,921,501 | +2.8% | |
| Average employees | 34 | 39 | +14.7% | |
| Wages | £3,274,278 | £4,083,373 | +24.7% | |
| Directors' remuneration | £1,382,944 | £1,383,884 | +0.1% |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.4% | 1.4% | |
| Net margin | 8.0% | 1.8% | |
| Return on capital employed | 1.5% | 1.4% | |
| Current ratio | 2.33x | 2.66x |
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.
Name history
Renamed 1 time since incorporation
- GOLAR MANAGEMENT LTD 2008-12-12 → present
- GOLAR MANAGEMENT (UK) LIMITED 2002-03-15 → 2008-12-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The ability of the Company to continue as a going concern is dependent upon the continued financial support from the ultimate parent undertaking, Golar. Golar has committed to provide continuing financial support to the Company from the date of approval of the balance sheet to 30 September 2026, to enable the Company to meet its future liabilities as and when they fall due. As such, the Company continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- GOLAR MANAGEMENT LTD · parent
- Golar Management Malaysia Sdn. Bhd. 100%
- Golar Management AS 100%
- Golar Viking Management D.O.O. 100%
- Golar LNG Nigeria Limited 80%
Significant events
- “In April 2025, we completed the dissolution of our subsidiary, Golar Management Malaysia Sdn. Bhd in Malaysia, following its sale of the vessel operations to Cool Company Ltd in May 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUCHANAN, Stuart | Director | 2022-08-01 | Aug 1974 | British |
| CHAN, Dexter | Director | 2022-09-12 | Jun 1980 | British |
| MARANHÃO, Eduardo Da Cunha Andrade | Director | 2021-08-17 | Oct 1983 | Brazilian |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLANKENSHIP, Alexandra Kate | Secretary | 2002-03-15 | 2003-06-02 |
| ROBJOHNS, Graham | Secretary | 2008-01-09 | 2013-07-15 |
| SHERRIFF, Nicholas John | Secretary | 2003-06-02 | 2008-01-04 |
| TIENZO, Brian Bautista | Secretary | 2013-07-15 | 2020-12-11 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2002-03-15 | 2002-03-15 |
| ARNELL, Douglas James | Director | 2011-01-25 | 2015-03-10 |
| BLANKENSHIP, Alexandra Kate | Director | 2002-03-15 | 2008-06-20 |
| BULBECK, Malcolm | Director | 2020-12-11 | 2022-07-31 |
| CHRISTIANSEN, Tom | Director | 2011-12-02 | 2012-10-01 |
| EIKREM, Olav | Director | 2005-01-12 | 2011-01-25 |
| FLATSETH, Jan | Director | 2007-03-23 | 2011-06-30 |
| GRIFFITHS, Graham | Director | 2003-06-02 | 2004-10-08 |
| MCDONALD, Graeme | Director | 2005-01-12 | 2011-12-01 |
| MITCHELL-THOMSON, Callum Malcolm Mceacharn, Mr. | Director | 2020-06-03 | 2020-11-28 |
| PEILE, Charles Henry Whitaker | Director | 2005-01-12 | 2007-11-02 |
| ROBJOHNS, Graham | Director | 2003-01-29 | 2020-06-03 |
| ROSS, Iain Gordon | Director | 2018-04-20 | 2021-05-11 |
| SHERRIFF, Nicholas John | Director | 2003-01-29 | 2003-06-02 |
| SKAR, Hugo | Director | 2012-10-01 | 2016-12-14 |
| SMITH, Gary Malcolm | Director | 2015-03-10 | 2016-09-27 |
| SMITH, Gary | Director | 2006-04-06 | 2009-07-24 |
| SPIELER, Svein Oscar | Director | 2016-12-15 | 2018-04-20 |
| STOHLE, Sveinung Jan | Director | 2002-03-15 | 2003-01-29 |
| TIENZO, Brian Bautista | Director | 2011-06-30 | 2020-12-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Golar Lng Limited | Corporate entity | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 310 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-14 | AA | accounts | Accounts with accounts type full | |
| 2024-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-26 | AA | accounts | Accounts with accounts type full | |
| 2023-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-08 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.