FIRST SUBSEA LIMITED

Active Newquay Road

Manufacture of lifting and handling equipment

95 employees website.com
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Manufacture of lifting and handling equipment
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FIRST SUBSEA LIMITED

Manufacture of lifting and handling equipment

Founded 2 Feb 1994 Active Newquay Road, United Kingdom 95 employees website.com
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Manufacture of lifting and handling equipment

Previous Company Names

B.S.W. LIMITED 2 Feb 1994 — 13 Mar 2008
Accounts Submitted 21 Jan 2026 Next due 31 Jan 2027 8 months remaining
Confirmation Submitted 9 Jan 2026 Next due 23 Jan 2027 8 months remaining
Net assets £7M £3M 2025 year on year
Total assets £14M £984K 2025 year on year
Total Liabilities £7M £2M 2025 year on year
Charges 5
1 outstanding 4 satisfied

Contact & Details

Contact

Registered Address

Engineering House Lune Industrial Estate Newquay Road Lancaster LA1 5QP

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for FIRST SUBSEA LIMITED (02894198), an active supply chain, manufacturing and commerce models company based in Newquay Road, United Kingdom. Incorporated 2 Feb 1994. Manufacture of lifting and handling equipment. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 May → 30 Apr 2025
Type full
Next accounts 30 Apr 2026
Due by 31 Jan 2027 8 months remaining

Balance Sheet & P&L (2014–2025)

Cash in Bank

£1.79M

Increased by £446.22k (+33%)

Net Assets

£7.31M

Increased by £2.84M (+64%)

Total Liabilities

£6.68M

Decreased by £1.86M (-22%)

Turnover

£25.18M

Increased by £3.79M (+18%)

Employees

95

Increased by 11 (+13%)

Debt Ratio

48%

Decreased by 18 (-27%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
30 Apr Year End
2024
30 Apr Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

First Tech Limited
100.0%

Persons with Significant Control

Persons with Significant Control (2)

2 Active

First Tech Limited

Unknown

Active
Notified 4 Oct 2025
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

Ian Alexander Suttie

British

Active
Notified 1 Jul 2016
Residence Scotland
DOB June 1947
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

Group Structure

Group Structure

FIRST SUBSEA LIMITED Current Company

Charges

Charges

1 outstanding 4 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
21 Jan 2026AccountsAnnual accounts made up to 30 Apr 2025
9 Jan 2026Confirmation StatementConfirmation statement made on 9 Jan 2026 with no updates
6 Jan 2026OfficersTermination of John Shaw as director on 31 Dec 2025
16 Dec 2025Persons With Significant ControlCessation of Ian Alexander Suttie as a person with significant control on 4 Oct 2025
16 Dec 2025Persons With Significant ControlFirst Tech Limited notified as a person with significant control
21 Jan 2026 Accounts

Annual accounts made up to 30 Apr 2025

9 Jan 2026 Confirmation Statement

Confirmation statement made on 9 Jan 2026 with no updates

6 Jan 2026 Officers

Termination of John Shaw as director on 31 Dec 2025

16 Dec 2025 Persons With Significant Control

Cessation of Ian Alexander Suttie as a person with significant control on 4 Oct 2025

16 Dec 2025 Persons With Significant Control

First Tech Limited notified as a person with significant control

Recent Activity

Latest Activity

Annual accounts made up to 30 Apr 2025

4 months ago on 21 Jan 2026

Confirmation statement made on 9 Jan 2026 with no updates

4 months ago on 9 Jan 2026

Termination of John Shaw as director on 31 Dec 2025

4 months ago on 6 Jan 2026

Cessation of Ian Alexander Suttie as a person with significant control on 4 Oct 2025

5 months ago on 16 Dec 2025

First Tech Limited notified as a person with significant control

5 months ago on 16 Dec 2025