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Cash

£81M

+23% vs 2023

Net assets

£44M

+55.6% vs 2023

Employees

0

Average over period

Profit before tax

£16M

+5.6% vs 2023

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £28,167,000£26,852,000 -4.7%
Operating profit £17,154,000£16,101,000 -6.1%
Profit before tax £15,319,000£16,180,000 +5.6%
Net profit £10,075,000£20,667,000 +105.1%
Cash £66,135,000£81,329,000 +23%
Total assets less current liabilities £98,236,000£43,848,000 -55.4%
Net assets £28,181,000£43,848,000 +55.6%
Equity £28,181,000£43,848,000 +55.6%
Average employees 00
Wages
Directors' remuneration

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 2023-12-312024-12-31
Operating margin 60.9%60.0%
Net margin 35.8%77.0%
Return on capital employed 17.5%36.7%
Current ratio 2.21x0.91x
Interest cover 3.36x3.60x

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 3 times since incorporation

  1. STENA ROPAX LIMITED 2002-11-14 → present
  2. STENA SUBSEA LIMITED 1988-11-28 → 2002-11-14
  3. STENA (U.K.) LIMITED 1979-12-31 → 1988-11-28
  4. JOYKIND LIMITED 1978-09-25 → 1979-12-31

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based upon the availability of its drawn and undrawn loan facilities and having reviewed the Company's future forecast cash flows, the Directors expect the Company to be a going concern for at least 12 months from the date of signing the financial statements and therefore prepared the financial statements on a going concern basis.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 16 resigned

Name Role Appointed Born Nationality
MATKIN, Siena Grace Secretary 2025-04-24
FERNANDEZ-ARES, Sindo Dominic Director 2021-05-19 Nov 1973 British
HAMPTON, Ian Director 2016-09-13 Mar 1981 British
HULT, Annika Director 2021-01-05 Apr 1973 Swedish
MATTIUZZO, Mauro Director 2017-12-08 Aug 1957 English
STENVALLER, Mikael Fredrik Director 2015-04-23 Jul 1973 Swedish
Show 16 resigned officers
Name Role Appointed Resigned
ANDERSSON, Thomas Sven Secretary 2014-09-12 2022-02-09
ASSITER, Harry Stephen Secretary 1995-04-27
CARTER, Jenny Kate Secretary 2022-02-09 2025-02-14
MATTIUZZO, Mauro Secretary 1995-04-27 2002-11-04
SCHAGERLIND, Colette Secretary 2002-11-04 2014-05-20
ASSITER, Harry Stephen Director 1995-04-27
BURNETT, Carl Joseph Director 1992-12-11 1999-12-31
CARLSSON, Svante Wilhelm, Mr. Director 2009-12-21
DE WEKKER, Petrus Franciscus Director 2007-12-01 2017-12-08
DERENSTRAND, Marica Anna Director 2013-04-18 2014-12-03
DRURY, Charles Esmond Hill Director 2002-11-04 2012-05-01
HULTGREN, Staffan Werner Director 2008-04-03 2021-01-05
MACLEOD, Kenneth Director 2010-04-15 2016-12-08
NOREN, Hans Erik Director 2013-12-19 2022-05-27
PERCY, Michael Hugh Director 2002-11-04 2025-05-30
POUTEAUX, Andrew John Director 2002-11-04 2010-01-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Dan Sten Olsson Individual Shares 50–75% 2016-04-06 Active

Filing timeline

Last 20 of 303 total filings

Date Type Category Description
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-23 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page