SPARROWS OFFSHORE INTERNATIONAL GROUP LTD.

Accounts Submitted 28 Apr 2025

Confirmation Statement Submitted 8 Apr 2025

Net assets £37.23M £1.19M 2024 year on year

Total assets £126.09M £50.17M 2024 year on year

Total Liabilities £88.86M £51.36M 2024 year on year

Charges 11

11 satisfied

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Contact & Details

Contact

Update Details

Registered Address

13 Queen's Road Aberdeen AB15 4YL

Credit Report

Discover SPARROWS OFFSHORE INTERNATIONAL GROUP LTD.'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

N/A

Decreased by £2.00k (-100%)

Net Assets

£37.23M

Decreased by £1.19M (-3%)

Total Liabilities

£88.86M

Increased by £51.36M (+137%)

Turnover

N/A

Employees

N/A

Debt Ratio

70%

Increased by 21 (+43%)

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

4 Allotments 104,072,049 Shares £104.07m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
28 Aug 2024	ORDINARY	85,572,048	£85.57m	£85.57m
28 Aug 2024	ORDINARY	1	£1	£1
23 Dec 2015	ORDINARY	1,574,416	£1.57m	£1
15 Dec 2015	ORDINARY	16,925,584	£16.93m	£1

Officers

4 active 20 resigned

Show resigned officers

						Status
David William Buckham	Director	British	Scotland	54	17 May 2023	Active
Matthew William John Corbin	Director	British	United Kingdom	52	17 May 2023	Active
Nicola Pamela Anderson	Director	British	United Kingdom	45	28 May 2024	Active
Pinsent Masons Secretarial Limited	Corporate-secretary	United Kingdom	Unknown	—	5 Nov 2012	Active

Shareholders

Shareholders (4)


Altrad Uk Limited	1.5%	644,000	A Ordinary	5 Feb 2025
Hawk Holdco Limited	0.0%	0	Ordinary	5 Feb 2025
Hawk Holdco Limited	0.0%	0	A Ordinary	5 Feb 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Altrad Uk Limited

United Kingdom

Active

Notified 28 Aug 2024

Nature of Control

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

Hawk Holdco Limited

Ceased 28 Aug 2024

Ceased

Hsbc Corporate Trustee Company (uk) Limited

Ceased 6 Apr 2016

Ceased

See All Controllers

Group Structure

ALTRAD UK LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ALTRAD INVESTMENT AUTHORITY SAS france

SPARROWS OFFSHORE INTERNATIONAL GROUP LTD. Current Company

ARRANCO 3 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

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

SERVTECH UK LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SPARROWS ANGOLA LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SPARROWS (EQUATORIAL GUINEA) LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SPARROWS INDIA 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SPARROWS OFFSHORE SERVICES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

11 satisfied

Documents

Company Filings

Date	Category	Description	Document
28 Apr 2025	Accounts	Annual accounts made up to 2024-08-31	View(24 pages)
8 Apr 2025	Confirmation Statement	Second Filing Of Confirmation Statement With Made Up Date	View(3 pages)
5 Feb 2025	Confirmation Statement	Confirmation Statement	View(5 pages)
20 Sept 2024	Capital	Allotment of shares (GBP 41,260,401.0) on 2024-08-28	View(4 pages)
12 Sept 2024	Resolution	Resolutions	View(2 pages)