BOSKALIS WESTMINSTER (HOLDINGS) LIMITED
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Cash
£702k
-82.2% vs 2024
Net assets
£32m
+18.7% highest in 3 filed years
Employees
127
+4.1% highest in 3 filed years
Profit before tax
£23m
+49% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £81,775,000 | £123,297,000 | £133,536,000 | +8.3% | |
| Operating profit | £9,722,000 | £13,549,000 | £21,083,000 | +55.6% | |
| Profit before tax | £11,521,000 | £15,241,000 | £22,715,000 | +49% | |
| Net profit | £9,075,000 | £10,229,000 | £16,208,000 | +58.5% | |
| Cash | £564,000 | £3,941,000 | £702,000 | -82.2% | |
| Total assets less current liabilities | £30,203,000 | £30,584,000 | £33,277,000 | +8.8% | |
| Net assets | £28,011,000 | £27,322,000 | £32,430,000 | +18.7% | |
| Equity | £28,011,000 | £27,322,000 | £32,430,000 | +18.7% | |
| Average employees | 118 | 122 | 127 | +4.1% | |
| Wages | £8,182,000 | £8,329,000 | £8,878,000 | +6.6% | |
| Directors' remuneration | £451,000 | £467,000 | £468,000 | +0.2% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 11.9% | 11.0% | 15.8% | |
| Net margin | 11.1% | 8.3% | 12.1% | |
| Return on capital employed | 32.2% | 44.3% | 63.4% | |
| Current ratio | 2.41x | 1.67x | 1.85x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- BOSKALIS WESTMINSTER (HOLDINGS) LIMITED 2012-10-01 → present
- BOSKALIS WESTMINSTER LIMITED 1978-12-31 → 2012-10-01
- WESTMINSTER DREDGING GROUP LIMITED 1933-12-02 → 1978-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that for a period of 12 months from the date of approving the group financial statements for the year ended 31 December 2025, the Group has adequate resources (see note 1) to continue in operational existence for the foreseeable future.”
Group structure
- BOSKALIS WESTMINSTER (HOLDINGS) LIMITED · parent
- Boskalis Westminster Limited 100%
- Boskalis Marine Contracting Limited 100%
- Irish Dredging Company Limited 100%
- Orwell Dredging Limited 100%
- Marine Dredging Services (UK) Limited 100%
- Suffolk Dredging LLP 100%
- Rock Fall Company Limited 100%
- Boskalis EOD Services (UK) Limited 100%
- Cofra Limited 100%
- Llanelli Sand Dredging Limited 100%
- Westminster Gravels Limited 100%
- Boskalis Offshore CI Limited 100%
- Boskalis Marine Services Limited 100%
Significant events
- “In December 2025, the subsidiary company, Boskalis Westminster Ltd, agreed to purchase a new support vessel from Heinrich Hirdes GmbH, a fellow subsidiary of the ultimate parent company, which was transacted in March 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RAMSEY, Shane Robert | Secretary | 2020-10-01 | — | — |
| DE JONG, Paul Maurice | Director | 2015-06-01 | Oct 1964 | Dutch |
| RAMSEY, Shane Robert | Director | 2020-10-01 | Aug 1984 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GREENALL, Timothy Paul | Secretary | 2003-05-27 | 2008-04-21 |
| GREENALL, Timothy Paul | Secretary | — | 1992-02-03 |
| HOUGH, David | Secretary | 1992-02-03 | 2003-04-27 |
| RICHARDS, Raymond Victor | Secretary | 2008-04-21 | 2020-10-01 |
| DEN DIKKEN, Wouter Leendert | Director | — | 1994-07-18 |
| GREENALL, Timothy Paul | Director | — | 2008-04-21 |
| HAWORTH, Neil Alan | Director | 2008-01-07 | 2011-03-11 |
| RICHARDS, Raymond Victor | Director | 2008-04-21 | 2020-10-01 |
| ROLAND, Philip Godfrey | Director | 1996-12-10 | 2008-01-07 |
| VAN GELDER, Robert | Director | 1997-05-01 | 2006-02-23 |
| VERSTOEP, Leendert | Director | — | 1993-01-01 |
| VLOT, Dingeman | Director | 1993-01-01 | 1996-12-10 |
| WEVERS, Haico Herman Antoine Gerard | Director | 2011-03-11 | 2015-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hal Trust | Corporate entity | Shares 75–100% | 2022-09-20 | Active |
| Koninklijke Boskalis Westminster N.V. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-09-20 |
| Boskalis Westminster International B.V. | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 152 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-24 | AA | accounts | Accounts with accounts type group | |
| 2026-07-09 | CH01 | officers | Change person director company with change date | |
| 2026-01-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-12 | AA | accounts | Accounts with accounts type group | |
| 2025-01-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-01 | AA | accounts | Accounts with accounts type group | |
| 2024-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-24 | AA | accounts | Accounts with accounts type group | |
| 2022-12-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-12-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-08-12 | AA | accounts | Accounts with accounts type group | |
| 2022-01-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-07-20 | AA | accounts | Accounts with accounts type group | |
| 2021-01-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-11-06 | CH01 | officers | Change person director company with change date | |
| 2020-10-29 | TM01 | officers | Termination director company with name termination date | |
| 2020-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2020-10-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2020-10-02 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.