SUBSEA 7 PIPELINE PRODUCTION LIMITED

Company TypePrivate Limited
Company NumberSC078566
Incorporated1982-05-05
IndustrySupport activities for petroleum and natural gas mining
Phone Number01389 801700

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Summary

SUBSEA 7 PIPELINE PRODUCTION LIMITED was formed on the 5th May 1982 (filed on the 7th September 2017) , and are based in Lanarkshire, Glasgow. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 20th September 2017. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £1,262,000 on a turnover of £34,560,000 (down 28% from 2015) .

There is 1 major shareholder listed for SUBSEA 7 PIPELINE PRODUCTION LIMITED with Subsea 7 Limited owning the most shares by value.

Addresses

Registered address

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

Trading address

Riverclyde House
Lanarkshire
G60 5EU
Glasgow

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £51,000 £260,000 £108,544 £483,260 £237,071
Tangible net worth £18,066,000 £16,595,000 £14,828,635 £13,450,298 £3,852,993
Current liabilities £3,133,000 £3,898,000 £3,301,308 £3,763,247 £10,740,793
Current assets £12,828,000 £9,996,000 £5,560,481 £3,228,225 £6,127,084
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 4.09 2.56 1.68 0.86 0.57
Efficiency ratios
Return on assets 0.06 0.08 0.07 0.06 0.08
Return on capital employed 0.06 0.13 0.08 0.11 0.43
Gearing ratios
Debt to equity ratio 202.71 247.86 238.15 267.14 537.74
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - 106.57 4.17 15.37

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