SALTIRE ENERGY LIMITED
Company number SC165384 · Monitor this company
Executive summary
Saltire Energy Limited is an exceptionally strong credit proposition with near-zero leverage, consistent operating profits exceeding £14M, and net assets that have grown from £33M to £85M over six years. The company's 51.6% operating margin provides enormous debt service capacity, and its asset-heavy rental model offers tangible security. The primary risks are cyclical — oil price exposure and UK North Sea regulatory headwinds — rather than structural or management-related. Standard covenants tied to operating margin and net asset maintenance are appropriate; no enhanced risk mitigation is required.
Shareholders' funds
£85,055,305
Balance sheet as at 2025-06-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 1996-05-03
- Employees
- 40 (2025 accounts)
- Registered office
- BRYAN KEENAN, Peterkins, 100 Union Street, Aberdeen, Aberdeenshire, AB10 1QR
- Postcode
- AB10 1QR
- Capital
- 1,240 GBP
- Accounts category
- Group
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-06-30
- Next due by
- 2027-03-28
- Financial year end
- 28 June
Confirmation statement
- Last statement dated
- 2026-04-30
- Next due by
- 2027-05-14
Nature of business (SIC)
- 9100 Support activities for petroleum and natural gas mining
- 46140 Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Officers 6 current · 9 resigned
Group structure 4 subsidiaries
Controlled by Optimus Corporate Services Limited (107342C) — since 2016-04-06
-
SALTIRE PRESSURE CONTROL PROJECTS LTD Dissolved
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| CANSCO LIMITED | 2008-06-23 |
| CANSCO INTERNATIONAL LIMITED | 2002-05-23 |
| INTERNATIONAL RIG & EQUIPMENT LIMITED | 2001-04-25 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 23 RUBISLAW TERRACE, ABERDEEN, AB10 1XE, UNITED KINGDOM | 2011-11-14 |
| 23 RUBISLAW TERRACE, ABERDEEN, GRAMPIAN,, AB10 1XE | 2009-05-05 |
Among its peers
Top 1%
by shareholders' funds, of 468 similar companies in AB
Among the biggest employers among its local peers (40 staff).
Among the oldest 25% of its local peers, trading since 1996.
No.1 of the largest support activities for petroleum and natural gas mining companies in Aberdeen →
Competitors Aberdeen
This company ranks 1 among support activities for petroleum and natural gas mining in Aberdeen.
The class of 1996
45%
of the 41,233 companies incorporated in 1996 are still active today; 52% have since been dissolved.
A fact about the year, not a forecast for this company.