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SUBSEA 7 PIPELINE PRODUCTION LIMITED

Company Type	Private Limited
Company Number	SC078566
Incorporated	1982-05-05
Industry	Support activities for petroleum and natural gas mining
Phone Number	01389 801700

Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

SUBSEA 7 PIPELINE PRODUCTION LIMITED was formed on the 5th May 1982 (filed on the 29th September 2016) , 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 10th October 2016. Companies house classifies them as Full Accounts. This information was last updated on the 6th February 2017.

In 2015, they made a post-tax profit of £1,742,000 on a turnover of £34,784,000 (up 32% from 2014) .

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 2015	31st December 2014	31st December 2013	31st December 2012	31st December 2011
Cash	£260,000	£108,544	£483,260	£237,071	£135,950
Tangible net worth	£16,595,000	£14,828,635	£13,450,298	£3,852,993	£12,157,783
Current liabilities	£3,898,000	£3,301,308	£3,763,247	£10,740,793	£14,661,332
Current assets	£9,996,000	£5,560,481	£3,228,225	£6,127,084	£21,140,720

	31st December 2015	31st December 2014	31st December 2013	31st December 2012	31st December 2011
Solvency ratios
Current ratio	2.56	1.68	0.86	0.57	1.44
Efficiency ratios
Return on assets	0.08	0.07	0.06	0.08	0.01
Return on capital employed	0.13	0.08	0.11	0.43	0.03
Gearing ratios
Debt to equity ratio	247.86	238.15	267.14	537.74	720.75
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	2.76

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