INTERNATIONAL FOUNDATION FOR AIDS TO NAVIGATION
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Cash
£2.4m
USD 3,203,596
+225% vs 2024
Net assets
£59m
USD 79,659,143
+9.4% highest in 3 filed years
Employees
17
+6.3% highest in 3 filed years
Profit before tax
£966k
USD 1,301,500
+77.3% vs 2024
Net assets
3-year trend · vs Technology 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 |
|---|---|---|---|---|---|
| Total income | £2,667,437 | £4,303,780 | £4,436,508 | +3.1% | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | £544,622 | £965,863 | +77.3% | |
| Net profit | £3,280,920 | £2,133,926 | £8,714,387 | +308.4% | |
| Cash | £13,055,782 | £731,589 | £2,377,437 | +225% | |
| Total assets less current liabilities | £51,173,080 | £54,056,436 | £59,236,221 | +9.6% | |
| Net assets | £51,173,080 | £54,056,436 | £59,116,247 | +9.4% | |
| Equity | £51,173,080 | £54,056,436 | £59,116,247 | +9.4% | |
| Average employees | 14 | 16 | 17 | +6.3% | |
| Wages | £1,014,859 | £885,281 | £919,051 | +3.8% | |
| Directors' remuneration | £130,128 | £171,512 | £183,699 | +7.1% | |
| Directors' pension contributions | £0 | £0 | — | — | |
| Highest paid director | £134,622 | £18,326 | £27,990 | +52.7% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 |
|---|---|---|---|---|
| Net margin | 123.0% | 49.6% | 196.4% | |
| Gearing (liabilities / total assets) | 4.0% | 4.0% | 3.4% | |
| Current ratio | 7.05x | 1.37x | 2.38x |
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 1 time since incorporation
- INTERNATIONAL FOUNDATION FOR AIDS TO NAVIGATION 2011-08-05 → present
- MIDDLE EAST NAVIGATION AIDS SERVICE 1950-01-12 → 2011-08-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- INTERNATIONAL FOUNDATION FOR AIDS TO NAVIGATION · parent
- Menas Marine Services Limited 100%
- Oman Marine Services Limited 100%
Significant events
- “The hostilities launched in the region in early 2026 are having an impact on the Charity. The closure of the Strait of Hormuz and the resulting cessation of ships entering the region has all but eliminated our income from Navigational Dues.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 44 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MULVIHILL, Catherine Mary | Secretary | 2023-11-23 | — | — |
| AL SAQER, Yousef Yacoub, Captain | Director | 2010-07-08 | Nov 1973 | Kuwaiti |
| CLINK, John Robert Hamilton, Rear Admiral | Director | 2025-09-18 | Feb 1964 | British |
| EVANS, Louise Margaret | Director | 2020-06-04 | Jul 1973 | British |
| HILL, David | Director | 2023-03-02 | Jun 1977 | British |
| MASON, Roderick Guy | Director | 2022-03-03 | Jul 1964 | British |
| NORDSETH, Andreas | Director | 2025-06-13 | Mar 1960 | Danish |
| ROSS, Aslak | Director | 2022-03-03 | May 1974 | Danish |
| SCALLY, Iain, Captain | Director | 2021-11-25 | Jul 1953 | British |
| STANLEY, Peter | Director | 2019-09-05 | Sep 1956 | British |
| SUMMERHILL, Douglas | Director | 2020-11-26 | Apr 1972 | British |
Show 44 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVEY, James Wallace | Secretary | 1999-05-30 | 2001-05-21 |
| HOWARD, Albert Larry | Secretary | 2001-05-21 | 2019-06-27 |
| MORRIS, Neville Humphrey | Secretary | — | 1995-01-08 |
| STANLEY, Peter | Secretary | 2019-09-05 | 2023-11-23 |
| ABDULLAH, Mahmoud | Director | 2009-11-19 | 2010-07-08 |
| AL MAHMOOD, Mahmood Yousuf, Captain | Director | 1998-04-19 | 2003-10-02 |
| AL MATOUQ, Saad Abdulaziz, Captain | Director | 1993-09-23 | 2006-01-24 |
| ALI, Masoud Habib Haji | Director | 2006-02-16 | 2009-11-19 |
| ALMUSALLAM, Saleh Abdulla | Director | 2003-10-02 | 2014-11-20 |
| BLAKEY, Charles Conrad | Director | 2002-03-06 | 2020-09-03 |
| BRUMMER, Robertus Cornelis Johannes | Director | 2009-02-26 | 2022-03-03 |
| CALLANDER, Michael, Captain | Director | 1994-11-08 | 1999-10-01 |
| CASSELS, Andrew Keith, Captain | Director | 1999-09-30 | 2001-01-25 |
| CROSSMAN, John Malcolm, Lieutenant Commander | Director | 1993-06-17 | 2012-01-10 |
| DAVEY, James Wallace | Director | 1999-05-30 | 2002-02-28 |
| DAY, Robert James | Director | 2010-03-25 | 2016-05-26 |
| EVANS, John Russell, Captain | Director | 2013-08-29 | 2023-03-02 |
| FLANAGAN, Christopher J | Director | 2012-02-23 | 2013-08-29 |
| FLEMING, Arthur Albee | Director | — | 1998-10-01 |
| FLEMING, Robert William, Captain | Director | 2003-01-23 | 2010-03-25 |
| GYLES, John | Director | 1995-01-26 | 2011-10-02 |
| HART, Noel Gregory, Captain | Director | 2001-01-25 | 2002-05-20 |
| HATCHETT, Alan George | Director | — | 1993-05-05 |
| HENSHAW, Kenneth Ralph | Director | — | 1994-05-26 |
| HUGHES, John Wilson, Captain | Director | 2008-11-20 | 2023-11-23 |
| JOHNSON, Ian James | Director | — | 2001-08-23 |
| KOYAMA, Tomoyuki, Captain | Director | 2013-05-29 | 2021-11-25 |
| LEESON, John, Captain | Director | — | 1993-05-28 |
| MARSH, Alan Robert William | Director | 2018-08-30 | 2025-09-18 |
| MASON, Guy Roderick | Director | 2016-05-26 | 2020-11-26 |
| MILLER, Clifford Leroy | Director | 1995-06-15 | 2006-12-31 |
| NAKAYA, Masao, Captain | Director | 2011-05-21 | 2013-05-29 |
| NEWTON, John Thompson | Director | 1993-06-17 | 1994-12-31 |
| PATTINSON, Michael Ranelagh | Director | — | 2003-05-22 |
| RICHARDSON, Andrew John | Director | 2002-01-24 | 2004-08-12 |
| ROWLAND, Martin Grenville | Director | 1998-10-01 | 2001-08-14 |
| SEKINE, Hiroshi | Director | 2006-11-30 | 2009-02-26 |
| SMITH, David Leslie | Director | — | 1995-01-26 |
| SMITH, Trevor | Director | 2005-05-12 | 2016-10-18 |
| SULTAN, Hussain | Director | 1996-05-17 | 2019-11-28 |
| SUZUKI, Katsuro | Director | 2009-02-26 | 2011-05-21 |
| THOMAS, Jeffrey Wyn, Captain | Director | — | 1994-10-22 |
| WOODALL, Poul Eric | Director | 2005-11-17 | 2008-05-29 |
| YUSUF, Eid Abdulla | Director | — | 1997-12-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 212 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-18 | AA | accounts | Accounts with accounts type group | |
| 2026-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-01 | AA | accounts | Accounts with accounts type group | |
| 2025-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-24 | AA | accounts | Accounts with accounts type group | |
| 2023-11-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-11-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-11-23 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-14 | AA | accounts | Accounts with accounts type group | |
| 2023-05-01 | CH01 | officers | Change person director company with change date | |
| 2022-12-21 | CH01 | officers | Change person director company with change date | |
| 2022-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.