ODFJELL TECHNOLOGY (UK) LTD.
Get an alert when ODFJELL TECHNOLOGY (UK) LTD. files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£22M
+14.5% vs 2024
Net assets
£26M
+14.2% vs 2024
Employees
425
-9.4% lowest in 3 filed years
Profit before tax
£3.3M
-0.1% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £73,705,000 | £76,693,000 | £70,034,000 | -8.7% | |
| Operating profit | £5,100,000 | £2,172,000 | £2,485,000 | +14.4% | |
| Profit before tax | £5,945,000 | £3,279,000 | £3,277,000 | -0.1% | |
| Net profit | £5,828,000 | £3,344,000 | £3,277,000 | -2% | |
| Cash | £26,051,000 | £19,576,000 | £22,415,000 | +14.5% | |
| Total assets less current liabilities | £33,551,000 | £26,869,000 | £28,233,000 | +5.1% | |
| Net assets | £29,755,000 | £23,099,000 | £26,376,000 | +14.2% | |
| Equity | £29,755,000 | £23,099,000 | £26,376,000 | +14.2% | |
| Average employees | 464 | 469 | 425 | -9.4% | |
| Wages | £36,989,000 | £40,479,000 | £36,380,000 | -10.1% | |
| Directors' remuneration | £212,000 | £0 | £31,000 | — |
Values shown as filed in the company's annual accounts. — 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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.9% | 2.8% | 3.5% | |
| Net margin | 7.9% | 4.4% | 4.7% | |
| Return on capital employed | 15.2% | 8.1% | 8.8% | |
| Gearing (liabilities / total assets) | — | 38.9% | 40.7% | |
| Current ratio | 3.15x | 3.56x | 2.79x |
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 2 times since incorporation
- ODFJELL TECHNOLOGY (UK) LTD. 2022-04-01 → present
- ODFJELL DRILLING (UK) LTD. 2002-06-25 → 2022-04-01
- RAILGREEN LIMITED 2002-05-24 → 2002-06-25
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on work performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The Company incorporated a branch in Brunei in March 2025 following the award of a contract in Brunei for the provision of a workover unit. This contract was however subsequently cancelled, therefore there has been no activity in the branch.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BASSON, Gillian Alina | Secretary | 2021-03-25 | — | — |
| LIEUNGH, Simen | Director | 2010-10-25 | Mar 1960 | Norwegian |
| MOFFAT, John Russell Douglas | Director | 2026-05-18 | Mar 1977 | British |
| STEPHEN, Diane Elizabeth Macdonald | Director | 2021-01-01 | Nov 1969 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WEBSTER, Patricia Lynne | Secretary | 2019-11-27 | 2021-03-19 |
| BURNESS PAULL LLP | Corporate Secretary | 2013-02-20 | 2019-11-13 |
| P & W SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-05-24 | 2002-06-19 |
| PAULL & WILLIAMSONS | Corporate Secretary | 2002-06-19 | 2009-04-06 |
| PAULL & WILLIAMSONS LLP | Corporate Secretary | 2009-04-06 | 2013-02-20 |
| BRYCE, Jon Oliver Sinclair | Director | 2009-04-30 | 2010-06-01 |
| DAVIES, Godfrey John Lloyd | Director | 2002-10-09 | 2009-04-30 |
| GRASDAL, Arve | Director | 2009-04-30 | 2010-06-16 |
| IRELAND, Paul | Director | 2022-08-31 | 2023-03-17 |
| LENNING, Ketil | Director | 2002-06-19 | 2010-10-25 |
| LOGAN, Robert Bruce | Director | 2010-06-16 | 2012-06-21 |
| MACLEOD, Donald Angus | Director | 2019-12-11 | 2022-08-31 |
| MAIER, Ole Fredrik | Director | 2012-06-21 | 2019-12-04 |
| MANN, Lesley | Director | 2013-02-20 | 2019-05-15 |
| MOSSEFINN, Knut Bjarte | Director | 2019-05-15 | 2021-01-01 |
| ROHN, Oyvind Christian | Director | 2012-06-21 | 2013-02-20 |
| SOLTVEIT, Roald Egil | Director | 2010-06-16 | 2012-06-21 |
| SUTHERLAND, Stuart | Director | 2023-03-17 | 2026-05-18 |
| P & W DIRECTORS LIMITED | Corporate Nominee Director | 2002-05-24 | 2002-06-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Odfjell Technology Ltd. | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-03-29 | Active |
| Odfjell Drilling Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-24 | Ceased 2022-03-29 |
Filing timeline
Last 20 of 134 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-19 | AA | accounts | Accounts with accounts type full | |
| 2026-05-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-01 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-08 | AA | accounts | Accounts with accounts type full | |
| 2024-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.