FRED. OLSEN SEAWIND LIMITED - Profile & Financials

Accounts Submitted 12 Aug 2025

Confirmation Statement Submitted 4 Nov 2025

Net assets £84.94M £14.34M 2024 year on year

Total assets £86.31M £14.81M 2024 year on year

Total Liabilities £1.37M £468.00K 2024 year on year

Charges 9

2 outstanding 7 satisfied

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Contact & Details

Contact

Update Details

Registered Address

2nd Floor, 36 Broadway London SW1H 0BH England

Office ()

London, England, United Kingdom, Europe

Office (Oslo)

Fred. Olsens gate 2, 0152 Oslo, Norway

Telephone

0(0)2079638904

Website

fredolsenrenewables.com

Credit Report

Discover FRED. OLSEN SEAWIND LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2021–2024)

Cash in Bank

£2.44M

Decreased by £1.51M (-38%)

Net Assets

£84.94M

Increased by £14.34M (+20%)

Total Liabilities

£1.37M

Increased by £468.00k (+52%)

Turnover

£6.44M

Increased by £1.13M (+21%)

Employees

Increased by 2 (+11%)

Debt Ratio

Increased by 1 (+100%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 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 allotments and capital structure

15 Allotments 94,114,478 Shares £94.11m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
28 Oct 2025	ORDINARY	697,681	£698k	£1
10 Oct 2025	ORDINARY	2,200,000	£2.20m	£1
4 Jul 2025	ORDINARY	3,715,369	£3.72m	£1
15 Apr 2025	ORDINARY	1,764,930	£1.76m	£1
15 Jan 2025	ORDINARY	3,798,835	£3.80m	£1

Officers

5 active 30 resigned

Show resigned officers

						Status
Carolyn Heeps	Director	British	United Kingdom	65	27 May 2021	Active
Christian Ruth	Director	Norwegian	Norway	63	27 May 2021	Active
Jonathan Adam Dale	Director	British	Scotland	49	1 Dec 2023	Active
Jonathan Adam Dale	Secretary	Unknown	Unknown	—	10 Feb 2023	Active
Lars Bender	Director	Danish	Denmark	42	22 Nov 2021	Active

Shareholders

Shareholders (2)


Fred. Olsen Seawind As	95.4%	96,911,867	Ordinary	4 Nov 2025
Fred. Olsen Seawind Asa	4.6%	4,662,611	Ordinary	4 Nov 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Bonheur Asa

Norway

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

See All Controllers

Group Structure

BONHEUR ASA norway

FRED. OLSEN SEAWIND LIMITED Current Company

FORVF PROJECTCO1 LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent, appoint/remove directors

MUIR MHÒR OFFSHORE WIND FARM LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent, appoint/remove directors

Charges

2 outstanding 7 satisfied

Documents

Company Filings

Date	Category	Description	Document
9 Dec 2025	Officers	Termination of Lars Bender as director on 2025-12-01	View(1 page)
9 Dec 2025	Officers	Appointment of Ms Maren Sleire Lundby as director on 2025-12-01	View(2 pages)
4 Nov 2025	Confirmation Statement	Confirmation statement made on 2025-11-02 with updates	View(5 pages)
3 Nov 2025	Capital	Allotment of shares (GBP 101,574,478) on 2025-10-28	View(3 pages)
16 Oct 2025	Capital	Allotment of shares (GBP 100,876,797) on 2025-10-10	View(3 pages)