Razor Oiltools Limited
Razor Oiltools Limited is an active company incorporated on 4 May 2020 with the registered office located in Aberdeen, City of Aberdeen. Razor Oiltools Limited was registered 5 years ago.
Status
Active
Active since incorporation
Company No
SC660477
Private limited company
Scottish Company
Age
5 years
Incorporated 4 May 2020
Size
Small
Balance sheet is under £7.5M
Under 50 employees
Confirmation
Submitted
Dated 28 September 2025 (25 days ago)
Next confirmation dated 28 September 2026
Due by 12 October 2026 (11 months remaining)
Last change occurred 4 years ago
Accounts
Submitted
For period 1 Jan ⟶ 31 Dec 2024 (1 year)
Accounts type is Total Exemption Full
Next accounts for period 31 December 2025
Due by 30 September 2026 (11 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Mr Neil Andrew Abercrombie Simpson is a mutual person.
Active
Brands
RAZOR Oiltools Limited is a service company that provides intervention and P&A solutions to the oil and gas industry.
Financials
Net Assets, Total Assets & Total Liabilities (2020–2024)
Period Ended
31 Dec 2024
For period 31 Dec ⟶ 31 Dec 2024
Traded for 12 months
Cash in Bank
£1.47M
Increased by £1.14M (+339%)
Turnover
Unreported
Same as previous period
Employees
23
Increased by 6 (+35%)
Total Assets
£6.26M
Increased by £2.92M (+88%)
Total Liabilities
-£2.08M
Increased by £965.1K (+86%)
Net Assets
£4.17M
Increased by £1.96M (+88%)
Debt Ratio (%)
33%
Decreased by 0.23% (-1%)
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Repayment History
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