MARITIME HOUSE LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +234.8%

  £21,812,090 → £73,029,079

• Cash

  +4.7%

  £9,387,228 → £9,825,350

  highest in 4 filed years

• Net assets

  +142.8%

  £2,504,139 → £6,081,009

• Employees

  +13.3%

  15 → 17

  highest in 4 filed years

• Operating profit

  +7,988.2%

  -£60,600 → £4,780,271

• Profit before tax

  +1,974.5%

  -£254,375 → £4,768,183

• Wages

  +89.3%

  £877,289 → £1,660,619

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PRB Accountants LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty in relation to the appropriateness of continuing to adopt the going concern basis in preparing the annual report and accounts.”

Group structure

1. MARITIME HOUSE LIMITED · parent
   1. Maritime House Canada Inc 100% · Canada
   2. Maritime House Metals Inc 100% · Canada
   3. Maritime Shanghai Commercial Company Ltd 100% · China

Significant events

• “Russia's war against Ukraine is still the main risk and uncertainty.”
• “Trade with Ukraine remains a key part of our business, despite the worldwide shortage of a number of critical materials, and equipment supplies are growing.”
• “Our rhenium recycling plant in Canada is operating at full capacity and a significant investment has been made to increase processing capacity as demand from the aviation industry is growing strongly.”
• “The directors have considered the impact of the current conflict between Ukraine and Russia and steps taken to mitigate the impact of this, within their Strategic Report.”

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

Filings

9

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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