VIKING MARITIME GROUP LIMITED

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Next accounts due

2025-12-31

Overdue

Confirmation statement due

2026-08-01 (in 3mo)

Last made up 2025-07-18

Watchouts

2 items

Cash

£3M

-11.9% vs 2022

Net assets

-£768K

-41.8% lowest in 6 filed years

Employees

+21.3% highest in 6 filed years

Profit before tax

£256K

-63.9% vs 2022

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Annual accounts overdue

Due 2025-12-31.
Material uncertainty over going concern

We draw attention to note 2.3 in the financial statements, which indicates that the group is encountering challenging trading conditions and is currently in the process of discussing additional sources of finance. As stated in note 2.3, these conditions indicate that a material uncertainty exists that may cast significant doubt on the Group's or the parent company's ability to continue as a going concern.

Net assets

10-year trend · vs Industrials median

VIKING MARITIME GROUP LIMITED·Industrials median · n=15540

Accounts

10-year trend · latest reflected 2023-12-31

Metric	2018-12-31	2019-01-01	2019-12-31	2020-01-01	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2022-12-31	2023-12-31
Turnover	—	—	—	—	—	—	—	—	£16,638,417	£16,590,325
Operating profit	—	—	—	—	—	—	—	—	£746,515	£359,858
Profit before tax	—	—	—	—	—	—	—	—	£709,004	£256,071
Net profit	£169,091	—	-£460,119	—	£631,864	—	£115,983	—	£948,271	£256,071
Cash	£30,990	—	£3,184	—	£3,974	—	-£885,576	—	£3,346,880	£2,949,943
Total assets less current liabilities	£4,047,668	—	£2,776,541	—	£3,836,684	—	£3,835,377	—	£4,221,578	£3,370,117
Net assets	£637,151	—	-£302,234	—	£20,786	—	£36,046	—	-£541,692	-£768,067
Equity	£637,151	£637,151	-£302,234	-£302,234	£20,786	£20,786	£36,046	£36,046	-£541,692	-£768,067
Average employees	46	—	54	—	58	—	54	—	61	74
Wages	—	—	—	—	—	—	—	—	£1,773,152	£2,281,172
Directors' remuneration	—	—	—	—	—	—	—	—	£35,651	£64,105

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31

Turnover

-0.3%

£16,638,417 £16,590,325
Cash

-11.9%

£3,346,880 £2,949,943
Net assets

-41.8%

-£541,692 -£768,067

lowest in 6 filed years
Employees

+21.3%

61 74

highest in 6 filed years
Operating profit

-51.8%

£746,515 £359,858
Profit before tax

-63.9%

£709,004 £256,071
Wages

+28.7%

£1,773,152 £2,281,172

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2018-12-31	2019-01-01	2019-12-31	2020-01-01	2020-12-31	2021-01-01	2021-12-31	2022-01-01	2022-12-31	2023-12-31
Operating margin	—	—	—	—	—	—	—	—	4.5%	2.2%
Net margin	—	—	—	—	—	—	—	—	5.7%	1.5%
Return on capital employed	—	—	—	—	—	—	—	—	17.7%	10.7%
Gearing (liabilities / total assets)	—	—	—	—	—	—	—	—	104.3%	106.6%
Current ratio	—	—	—	—	—	—	—	—	0.78x	0.70x
Interest cover	—	—	—	—	—	—	—	—	4.45x	2.24x

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

VIKING MARITIME GROUP LIMITED 2019-02-20 → present
VIKING RECRUITMENT LIMITED 1989-02-27 → 2019-02-20
MORTON DOWN LIMITED 1989-01-27 → 1989-02-27

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Consolidated group
Auditor: Kreston Reeves LLP
Audit opinion: Unqualified (clean)
Going concern: Material uncertainty disclosed
“We draw attention to note 2.3 in the financial statements, which indicates that the group is encountering challenging trading conditions and is currently in the process of discussing additional sources of finance. As stated in note 2.3, these conditions indicate that a material uncertainty exists that may cast significant doubt on the Group's or the parent company's ability to continue as a going concern.”

Group structure

VIKING MARITIME GROUP LIMITED · parent
1. Chiltern Maritime Limited 100%
2. The Maritime Skills Academy Limited 100%
3. Maritime Skills Academy (Solent) Limited 100% · England
4. Viking Crew Limited 100%
5. Viking Crew Management Limited 100%
6. Viking Hospitality Limited 60%
7. Viking Marine Consultants Limited 100%
8. Viking Marine Recruitment Limited 100%
9. Viking Marine Services Limited 100%
10. Viking Marine Services, Inc. 100% · FL
11. Viking Marine Travel Limited 100%
12. Viking Recruitment (Scotland) Limited 100% · Glasgow
13. Luxury Yacht Interior Training Limited 100%
14. Luxury Hospitality Cruise Training Limited 100%
15. Viking Global Management Limited 60% · Guernsey
16. 771 Maritime Limited (*) 60%
17. 7Seas Artists and Staff Limited (*) 60%
18. Abacus Crewing Services (Guernsey) Limited (*) 60%
19. Adventure Pacific Limited (*) 60%
20. Adventure Under Sail Crewing Limited (*) 60%
21. Antelope Crewing Limited (*) 60%
22. Black River Employment Services Limited (*) 60%
23. Boardwalk Crewing Limited (*) 60%
24. Bow IC Limited (*) 60%
25. Champneys at Sea Limited 60%
26. Crews' People International Limited (*) 60%
27. Destination and Expedition Manning Limited (*) 60%
28. Ela Crew Sevices Limited (*) 60%
29. GCC Crewing Limited (*) 60%
30. ISCA Crewing Limited (*) 60%

Significant events

“In September 2024, a major crewing client terminated their contract with the group choosing to bring this service in house. ... In June 2025, the Group secured a major new crewing client, which more than compensated for the loss in 2024. ... After two years of poor trading and loss of contracts, the Directors took the decision to place Chiltern Maritime Limited, our cadet training business, into liquidation.”

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

People

5 active · 3 resigned

Name	Role	Appointed	Born	Nationality
JAENICKE, Dieter Arno	Secretary	—	—	British
JAENICKE, Dieter Arno	Director	—	Mar 1952	British
JAENICKE, Jillian Anne	Director	—	Jul 1955	British
JAENICKE, Mark James	Director	2009-09-01	May 1978	British
JAENICKE, Matthew Robert	Director	2002-05-30	Oct 1975	British

Show 3 resigned officers

Name	Role	Appointed	Resigned
JAENICKE, Stuart Richard Dieter	Director	2016-01-07	2022-09-09
LAMBERT, David	Director	—	1991-07-31
MILLAR, Donald William	Director	2009-09-01	2021-04-17

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mr Dieter Arno Jaenicke	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Active
Mrs Jillian Anne Jaenicke	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Active

Filing timeline

Last 20 of 122 total filings

Date	Type	Category	Description
2026-03-04	DISS40	gazette	Gazette filings brought up to date
2026-03-03	GAZ1	gazette	Gazette notice compulsory
2025-07-29	AA	accounts	Accounts with accounts type group	PDF
2025-07-18	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-03-11	DISS40	gazette	Gazette filings brought up to date
2025-03-07	DISS16(SOAS)	dissolution	Dissolved compulsory strike off suspended
2025-03-04	GAZ1	gazette	Gazette notice compulsory
2024-07-18	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-09-29	AA	accounts	Accounts with accounts type group	PDF
2023-07-18	CS01	confirmation-statement	Confirmation statement with updates	PDF
2022-12-22	AA	accounts	Accounts with accounts type group	PDF
2022-11-15	CS01	confirmation-statement	Confirmation statement with updates	PDF
2022-09-15	TM01	officers	Termination director company with name termination date	PDF
2021-11-15	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-09-24	AA	accounts	Accounts with accounts type group	PDF
2021-04-19	TM01	officers	Termination director company with name termination date	PDF
2020-12-27	AA	accounts	Accounts with accounts type group	PDF
2020-12-08	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2020-01-15	CS01	confirmation-statement	Confirmation statement with updates	PDF
2019-09-30	AA	accounts	Accounts with accounts type total exemption full	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 4
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

Official Companies House page