BARNES MARINE UNITS LIMITED
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Cash
£3.6m
-9% vs 2025
Net assets
£10m
+4.6% highest in 6 filed years
Employees
48
-5.9% vs 2025
Profit before tax
£974k
+18.7% vs 2025
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2021-04-30 | 2022-02-28 | 2023-02-28 | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £6,333,739 | £7,087,663 | £5,502,003 | £5,710,473 | £5,600,447 | -1.9% | |
| Operating profit | — | £1,926,862 | £1,346,060 | £1,003,981 | £700,827 | £859,165 | +22.6% | |
| Profit before tax | — | £1,908,899 | £1,348,991 | £1,101,859 | £820,451 | £973,953 | +18.7% | |
| Net profit | £1,466,983 | £1,542,118 | £1,132,303 | £635,795 | £541,646 | £688,152 | +27% | |
| Cash | £4,502,226 | £3,953,244 | £3,421,860 | £3,871,659 | £3,912,169 | £3,559,223 | -9% | |
| Total assets less current liabilities | £8,716,777 | £8,836,897 | £9,725,959 | £10,326,235 | £10,780,488 | £11,177,415 | +3.7% | |
| Net assets | £6,711,088 | £8,104,819 | £9,042,146 | £9,473,341 | £9,788,437 | £10,237,589 | +4.6% | |
| Equity | £6,711,088 | £8,104,819 | £9,042,146 | £9,473,341 | £9,788,437 | £10,237,589 | +4.6% | |
| Average employees | 46 | 58 | 59 | 49 | 51 | 48 | -5.9% | |
| Wages | £749,675 | £715,263 | £958,484 | £962,387 | £984,190 | £1,023,332 | +4% | |
| Directors' remuneration | — | £16,217 | £18,983 | £13,740 | £13,740 | £13,834 | +0.7% | |
| Directors' pension contributions | — | — | — | £90,772 | £110,772 | £110,772 | 0% |
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 | 2021-04-30 | 2022-02-28 | 2023-02-28 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 30.4% | 19.0% | 18.2% | 12.3% | 15.3% | |
| Net margin | — | 24.3% | 16.0% | 11.6% | 9.5% | 12.3% | |
| Return on capital employed | — | 21.8% | 13.8% | 9.7% | 6.5% | 7.7% | |
| Gearing (liabilities / total assets) | 46.7% | 35.4% | 21.5% | 22.2% | 22.8% | 23.3% | |
| Current ratio | — | — | — | 2.64x | 2.57x | 2.16x | |
| Interest cover | — | — | 86.09x | — | — | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MA Partners Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has a sufficient level of cash reserves at the date of approval of the financial statements which will enable it to continue to meet its liabilities as they fall due.”
Group structure
- BARNES MARINE UNITS LIMITED · parent
- Brinkcraft Limited 100%
- Riverside Marina Limited 100%
Significant events
- “There have been no significant events affecting the Company since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THWAITES, Daniel Brian | Secretary | 2000-11-30 | — | British |
| THWAITES, Daniel Brian | Director | — | Sep 1967 | British |
| THWAITES, Matthew Douglas | Director | — | May 1969 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| THWAITES, Daniel Brian | Secretary | 1999-12-01 | 2000-11-30 |
| THWAITES, Jill | Secretary | — | 2000-11-30 |
| THWAITES, Brian Ferras | Director | — | 1992-05-20 |
| THWAITES, Jill | Director | — | 2023-01-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Daniel Brian Thwaites | Individual | Shares 25–50%, Voting 25–50% | 2023-01-26 | Active |
| Mr Matthew Douglas Thwaites | Individual | Shares 25–50%, Voting 25–50% | 2023-01-26 | Active |
| Mrs Jill Thwaites-Tallowin | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2023-01-26 |
Filing timeline
Last 20 of 157 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-08-07 RESOLUTIONS Resolution
- 2024-08-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-24 | AA | accounts | Accounts with accounts type full | |
| 2025-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-15 | AA | accounts | Accounts with accounts type full | |
| 2024-08-07 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-07 | MA | incorporation | Memorandum articles | |
| 2024-04-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-17 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-01-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-18 | AA | accounts | Accounts with accounts type full | |
| 2023-05-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-25 | AA | accounts | Accounts with accounts type small | |
| 2022-09-27 | MR04 | mortgage | Mortgage satisfy charge full |
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.