2005 - 2006 - Pinsent Masons Water Yearbook 2012

UNITED KINGDOM PART 3 (ii): COMPANY ANALYSIS: LOCAL/REGIONAL PLAYERS
Nature Technology Solutions
Nature Technology Solutions (NTS) was floated on the UK AIM market as Owl Technologies in
September 2001, and changed its name to Nature Technology Solutions in August 2002. The
company operates a marine wastewater treatment plant in Gibraltar for oil, industrial and municipal
wastewater under a 20 year agreement with the Government running to 2019. In June 2002, Owl
Technologies acquired Nature Technology Solutions AS of Norway for £2.4 million.
Nature Technology Solutions, profit and loss account
YE 31/12 (£ 000) 2001 2002 * 2003 2004
Turnover 91.7 336.5 555.1 1,110.0
Operating profit 51.5 -351.7 225.2 606.6
Pre tax profit -192.6 -1,296.7 -556.2 -31.7
Net profit -192.6 -1,296.7 -556.2 -44.1
Earnings per share (p) -0.005 -0.009 -0.002 -0.000
* 17 month period
NTS’s SAR Treatment AS has a wastewater storage and treatment facility at NorSea Base in
Tananger, Norway. From the unloading station, water is transferred to one of the NTS storage tanks.
The total storage capacity available at the site is 2,300m 3 , with a treatment capacity of 10m 3 per hour.
The Gibraltar facility handles hydrocarbon and other liquid wastes at 20m 3 per hour, with 900m 3 in
storage capacity available. A 2,500m 3 storage facility at the colony’s Ministry of Defence base entered
service at the end of 2004.
Contact Details
Name: Nature Technology Solutions
Address: Ordnance House, 31 Pier Road,
St Hellier, JE4 8PW Jersey, UK
Tel: +44 1841 521 087
Web: www.naturetechsolution.com
Richard Eldridge (Chairman)
John McJeown (CEO)
Barry Ridley (Director)
Stig O Keller (Technical Director)
350 Pinsent Masons Water Yearbook 2005 – 2006