# IKM SUBSEA UK LTD (SC491927)

> IKM SUBSEA UK LTD is an active private limited company (company number SC491927) incorporated on 24 November 2014, registered in Westhill. Its registered activity is engineering related scientific and technical consulting activities (SIC 71122). Latest small accounts cover the period ending 31 December 2025, showing net assets of −£43k and cash of £200k, with 2 employees on average. Net assets rose 97% on the prior period (−£1.44m). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2014-11-24
- Registered office: Westhill, AB32 6JL
- SIC 71122: Engineering related scientific and technical consulting activities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-12-08
- Accounts type: SMALL

By net assets it sits in the bottom quarter of 468 comparable companies in Aberdeen (median £14k, upper quartile £65k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£43k | £200k | — | £305k | — | — | 2 |
| 2024-12-31 | −£1.44m | £156k | — | £1.65m | — | — | 6 |
| 2023-12-31 | −£1.55m | £130k | — | £2.24m | — | — | 12 |

current ratio 0.86; net assets trend rising; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-42,736 at 31 December 2025
- Net assets up 10% or more on the prior period: +97.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.86
- Cash at bank of £50,000 or more: Cash £200,321
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 24 November 2014

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Ikm Subsea As (corporate-entity) — owns 75–100% of shares, since 2016-04-06
- Mr Stale Kyllingstad — owns 75–100% of shares, since 2024-01-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC491927
HTML: https://firmoscan.com/company/SC491927-ikm-subsea-uk-ltd