Helix Well Ops (U.K.) Limited
The primary activity of the Company is the provision of managed subsea intervention services to the oil and gas industry through utilisation of the Seawell and Well Enhancer, unique, dynamically positioned multi-service light well intervention monohulls. These services include activities as varied as well intervention, decommissioning, subsea construction and inspection, repair and maintenance with divers or remotely operated vehicles.
Revenue
£73.1m
▼ -56.2% vs prior ~12m period
Profit after tax
-£18.3m
Margin -32.9%
Employees
88
▼ -12.9% vs prior ~12m period
Net assets
£81.6m
Total assets £221.2m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2025 | £73.1m | ▼ -56.2% | -£24.2m | 88 | £81.6m |
| 31 Dec 2024 | £166.8m | — | £31.2m | 101 | £99.8m |
| 1 Jan 2024 | — | — | — | — | £76.5m |
Latest available figures
Period ending 31 Dec 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £73.1m
- Gross profit
- £19.6m
- Operating profit
- -£24.0m
- Profit before tax
- -£24.2m
- Profit after tax
- -£18.3m
Balance sheet
- Total assets
- £221.2m
- Cash
- £33.9m
- Total liabilities
- £139.7m
- Net assets
- £81.6m
- Revenue per employee
- £830k
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