NORTH SEA LIFTING LIMITED - Profile & Financials

Accounts Submitted 8 Jul 2025

Confirmation Statement Submitted 28 Nov 2025

Net assets £2.85M £1.20M 2024 year on year

Total assets £7.61M £1.87M 2024 year on year

Total Liabilities £4.75M £669.00K 2024 year on year

Charges 8

3 outstanding 5 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Asco Group Headquarters Unit A, 11 Harvest Avenue D2 Business Park, Dyce Aberdeen AB21 0BQ

info@ascoworld.com

Website

nsl-aberdeen.com

Credit Report

Discover NORTH SEA LIFTING 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 (2014–2024)

Cash in Bank

£360.00k

Decreased by £110.00k (-23%)

Net Assets

£2.85M

Increased by £1.20M (+72%)

Total Liabilities

£4.75M

Increased by £669.00k (+16%)

Turnover

£4.18M

Increased by £680.00k (+19%)

Employees

Increased by 2 (+13%)

Debt Ratio

62%

Decreased by 9 (-13%)

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

Officers

4 active 17 resigned

Show resigned officers

						Status
Allan Douglas Scott	Director	British	Scotland	55	23 Jul 2025	Active
Antony Robert William Wright	Director	British	Scotland	54	3 Jul 2023	Active
Fraser Nicol Mcintyre	Secretary	British	Unknown	—	28 Jun 2012	Active
Timothy Michael Robert Pettigrew	Director	British	Scotland	59	29 Aug 2023	Active

Shareholders

Shareholders (2)


Asco Holdings Limited - (company Number Sc300658)	100.0%	25,000	Ordinary	12 Dec 2024
Hsbc Corporate Trustee Company (uk) Limited (company Number 06447555)	0.0%	0	Ordinary	12 Dec 2024

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Asco Holdings Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Hsbc Corporate Trustee Company (uk) Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent

See All Controllers

Group Structure

HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ASCO HOLDINGS LIMITED united kingdom voting rights 75 to 100 percent, appoint/remove directors

ASCO ACQUISITIONS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

HSBC BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

ASCO GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

HSBC HOLDINGS PLC united kingdom

PROJECT ADVANCE BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

PROJECT ADVANCE TOPCO LIMITED united kingdom significant influence or control

ENDLESS LLP united kingdom

ENDLESS V (GP) LP united kingdom part right to share surplus assets 75 to 100 percent

ENDLESS FOURTH PARTNER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ENDLESS V (GENERAL PARTNER) LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 25 to 50 percent limited liability partnership, appoint/remove members limited liability partnership

ENDLESS THIRD PARTNER LIMITED united kingdom shares 75 to 100 percent as firm, voting rights 75 to 100 percent, appoint/remove directors

NORTH SEA LIFTING LIMITED Current Company

Charges

3 outstanding 5 satisfied

Documents

Company Filings

Date	Category	Description	Document
28 Nov 2025	Confirmation Statement	Confirmation statement made on 2025-11-27 with no updates	View(3 pages)
23 Jul 2025	Officers	Appointment of Mr Allan Douglas Scott as director on 2025-07-23	View(2 pages)
8 Jul 2025	Accounts	Annual accounts made up to 2024-12-31	View(27 pages)
8 Jul 2025	Accounts	Annual accounts filed	View(75 pages)
7 Jul 2025	Other	Audit exemption statement of guarantee by parent company for period ending 31/12/24	View(3 pages)