HELIX OFFSHORE CREWING SERVICES LIMITED
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Cash
£849k
+3.7% highest in 3 filed years
Net assets
£1.6m
+20.6% highest in 3 filed years
Employees
574
-5.9% lowest in 3 filed years
Profit before tax
£364k
-48.9% lowest in 3 filed years
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 | £69,246,000 | £73,138,000 | £66,929,000 | -8.5% | |
| Operating profit | £756,000 | £695,000 | £361,000 | -48.1% | |
| Profit before tax | £764,000 | £712,000 | £364,000 | -48.9% | |
| Net profit | £586,000 | £533,000 | £273,000 | -48.8% | |
| Cash | £218,000 | £819,000 | £849,000 | +3.7% | |
| Total assets less current liabilities | £790,000 | £1,323,000 | £1,596,000 | +20.6% | |
| Net assets | £790,000 | £1,323,000 | £1,596,000 | +20.6% | |
| Equity | £790,000 | £1,323,000 | £1,596,000 | +20.6% | |
| Average employees | 585 | 610 | 574 | -5.9% | |
| Wages | £56,197,000 | £58,000,000 | £52,942,000 | -8.7% | |
| Directors' remuneration | £458,000 | £518,000 | — | — |
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 | 1.1% | 1.0% | 0.5% | |
| Net margin | 0.8% | 0.7% | 0.4% | |
| Return on capital employed | 95.7% | 52.5% | 22.6% | |
| Gearing (liabilities / total assets) | 94.1% | 89.3% | 85.5% | |
| Current ratio | 1.06x | 1.12x | 1.17x |
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 3 times since incorporation
- HELIX OFFSHORE CREWING SERVICES LIMITED 2018-08-22 → present
- HELIX HR SERVICES LIMITED 2006-05-11 → 2018-08-22
- CAL DIVE HR SERVICES LIMITED 2004-06-08 → 2006-05-11
- LEDGE 788 LIMITED 2004-04-13 → 2004-06-08
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Audit & Accountancy Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Significant events
- “On 23 April 2026, Helix Energy Solutions Group, Inc and Hornbeck Offshore Services, Inc announced both parties entered into an agreement to establish a premier integrated offshore services company. Subject to shareholder approval, Hornbeck and Helix shareholders will own 55% and 45% of the company respectively. The transaction is expected to close later in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2012-08-16 | — | — |
| KRATZ, Owen Eugene | Director | 2008-02-04 | Jul 1954 | British |
| NAIRN, Stephen | Director | 2011-05-26 | Jul 1959 | British |
| NEIKIRK, Kenneth English | Director | 2019-05-01 | Mar 1975 | American |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LEDINGHAM CHALMERS | Corporate Nominee Secretary | 2004-04-13 | 2006-03-31 |
| MD SECRETARIES LIMITED | Corporate Nominee Secretary | 2006-04-01 | 2012-08-16 |
| BUSTER III, H Clifford | Director | 2007-05-01 | 2008-10-24 |
| CONNOR III, James Lewis | Director | 2004-06-02 | 2006-08-31 |
| FERRON, Martin Robert | Director | 2004-06-02 | 2008-02-04 |
| HAJDIK, Lloyd | Director | 2008-10-24 | 2013-04-10 |
| HEIJERMANS, Bart Herman | Director | 2007-11-05 | 2011-01-21 |
| JOHNSON, Alisa Berne | Director | 2006-09-25 | 2019-05-01 |
| KRATZ, Owen Eugene | Director | 2004-06-02 | 2007-11-05 |
| MORRICE, William Edgar | Director | 2009-10-18 | 2011-05-13 |
| LEDGE SERVICES LIMITED | Corporate Nominee Director | 2004-04-13 | 2004-06-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Helix Well Ops (U.K.) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 79 total filings
Material constitutional events — rename, articles re-file, resolution
- 2018-08-22 RESOLUTIONS Resolution PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-17 | AA | accounts | Accounts with accounts type full | |
| 2026-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-23 | AA | accounts | Accounts with accounts type full | |
| 2025-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-10 | AA | accounts | Accounts with accounts type full | |
| 2024-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-07 | AA | accounts | Accounts with accounts type full | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-07 | AA | accounts | Accounts with accounts type full | |
| 2022-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AAMD | accounts | Accounts amended with accounts type full | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full | |
| 2021-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-10 | AA | accounts | Accounts with accounts type full | |
| 2020-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-05-29 | AA | accounts | Accounts with accounts type full | |
| 2019-05-23 | TM01 | officers | Termination director company with name termination date | |
| 2019-05-23 | AP01 | officers | Appoint person director company with name date | |
| 2019-04-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-08-22 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.