SUBSEA 7 I-TECH LIMITED

SC463773
Active Westhill

Support activities for petroleum and natural gas extraction

9 employees website.com
Support activities for petroleum and natural gas extraction
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SUBSEA 7 I-TECH LIMITED

SC463773

Support activities for petroleum and natural gas extraction

Founded 14 Nov 2013 Active Westhill, United Kingdom 9 employees website.com
Support activities for petroleum and natural gas extraction
Accounts Submitted 29 Sept 2025 Next due 30 Sept 2026 2 months remaining
Confirmation Submitted 17 Nov 2025 Next due 28 Nov 2026 4 months remaining
Net assets £121M £20M 2024 year on year
Total assets £231M £2M 2024 year on year
Total Liabilities £110M £22M 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

East Campus Prospect Road Arnhall Business Park Westhill Aberdeenshire AB32 6FE

Full company profile for SUBSEA 7 I-TECH LIMITED (SC463773), an active company based in Westhill, United Kingdom. Incorporated 14 Nov 2013. Support activities for petroleum and natural gas extraction. 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 Jan → 31 Dec 2024
Type full
Next accounts 31 Dec 2025
Due by 30 Sept 2026 2 months remaining

Balance Sheet & P&L (2014–2024)

Cash in Bank

£3.62M

Decreased by £2.08M (-37%)

Net Assets

£121.20M

Decreased by £20.17M (-14%)

Total Liabilities

£109.91M

Increased by £22.07M (+25%)

Turnover

£112.53M

Decreased by £121.68M (-52%)

Employees

9

Debt Ratio

48%

Increased by 10 (+26%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec 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

Share Capital

Share Capital

Share allotments and capital structure

3 Allotments 1,002 Shares £38408.10m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
31 Aug 20221£16.31m£16.31m
30 Mar 20161£110.00m£110.00m
1 Apr 20141,000£38281.79m£38.28m

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

Subsea 7 Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Subsea 7 Limited

United Kingdom

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent

Group Structure

Group Structure

SUBSEA 7 I-TECH LIMITED Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
2 Dec 2025OfficersChange to director Kelly Syme on 31 Oct 2025
17 Nov 2025Confirmation StatementConfirmation statement made on 14 Nov 2025 with no updates
30 Oct 2025OfficersAppointment of Simon David Ellis as director on 16 Oct 2025
3 Oct 2025OfficersAppointment of Kelly Syme as director on 30 Sept 2025
2 Oct 2025OfficersTermination of Colin Strachan as director on 30 Sept 2025
2 Dec 2025 Officers

Change to director Kelly Syme on 31 Oct 2025

17 Nov 2025 Confirmation Statement

Confirmation statement made on 14 Nov 2025 with no updates

30 Oct 2025 Officers

Appointment of Simon David Ellis as director on 16 Oct 2025

3 Oct 2025 Officers

Appointment of Kelly Syme as director on 30 Sept 2025

2 Oct 2025 Officers

Termination of Colin Strachan as director on 30 Sept 2025

Recent Activity

Latest Activity

Change to director Kelly Syme on 31 Oct 2025

7 months ago on 2 Dec 2025

Confirmation statement made on 14 Nov 2025 with no updates

7 months ago on 17 Nov 2025

Appointment of Simon David Ellis as director on 16 Oct 2025

8 months ago on 30 Oct 2025

Appointment of Kelly Syme as director on 30 Sept 2025

9 months ago on 3 Oct 2025

Termination of Colin Strachan as director on 30 Sept 2025

9 months ago on 2 Oct 2025