MARITIME GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-25 (in 2mo)
Last made up 2025-07-11
Watchouts
Cash
£23M
-52.3% vs 2023
Net assets
£186M
+6.9% vs 2023
Employees
2,857
+0.1% vs 2023
Profit before tax
£16M
-52% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-27 | 2024-12-31 |
|---|---|---|---|
| Turnover | £404,348,000 | £421,747,000 | |
| Operating profit | £33,583,000 | £14,373,000 | |
| Profit before tax | £34,060,000 | £16,343,000 | |
| Net profit | £25,366,000 | £12,060,000 | |
| Cash | £48,197,000 | £22,966,000 | |
| Total assets less current liabilities | £238,121,000 | £246,370,000 | |
| Net assets | £173,570,000 | £185,630,000 | |
| Equity | £173,570,000 | £185,630,000 | |
| Average employees | 2,855 | 2,857 | |
| Wages | £142,513,000 | £156,325,000 | |
| Directors' remuneration | £6,816,000 | £910,000 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-27
-
Turnover
+4.3%
£404,348,000 £421,747,000
-
Cash
-52.3%
£48,197,000 £22,966,000
-
Net assets
+6.9%
£173,570,000 £185,630,000
-
Employees
+0.1%
2,855 2,857
-
Operating profit
-57.2%
£33,583,000 £14,373,000
-
Profit before tax
-52%
£34,060,000 £16,343,000
-
Wages
+9.7%
£142,513,000 £156,325,000
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 | Trend | 2023-12-27 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 8.3% | 3.4% | |
| Net margin | 6.3% | 2.9% | |
| Return on capital employed | 14.1% | 5.8% | |
| Gearing (liabilities / total assets) | 46.9% | 44.1% | |
| Current ratio | 1.51x | 1.44x | |
| Interest cover | 16.67x | 7.55x |
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
- Consolidated group
- Auditor
- Blick Rothenberg Audit LLP
- 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.”
Group structure
- MARITIME GROUP LIMITED · parent
- Maritime Transport Limited 100%
Significant events
- “The Group was acquired in September 2024 and continues to operate independently with all the existing senior management team remaining in place.”
- “Expanded our participation in the government-backed ZEHID programme, securing 54 Zero Emission HGV vehicles along with the required charging infrastructure to operate across our network. The first of these vehicles are scheduled to arrive by the summer of 2025.”
- “£49m investment in fixed assets, including the rolling programme of vehicle fleet renewal using the latest fuel efficient trucks, expansion of our trailer fleet and further development of the property infrastructure.”
- “The environmental benefits from rail makes our intermodal service a key ongoing development area within the business.”
- “Investment in people including completing the implementation of a new HR and payroll system together with a number of other initiatives as mentioned in the strategic and directors' reports.”
- “The company uniform underwent a redesign and quality enhancement, with the driver and terminal staff roll out towards the end of the year.”
- “Community engagement including bringing the Royal British Legion's Poppy Appeal to UK roads.”
- “On 2 March 2025, Maritime Transport Limited, the whollly owned subsidiary purchased the trade and assets of Medlog Limited (company registration number 11684020) and Medway Rail Limited (company registration number 11691214).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOND, Richard John | Secretary | 2023-06-30 | — | — |
| BURKE, Jonathan James | Director | 2024-09-02 | Dec 1971 | British |
| EVERITT, Daniel Charles | Director | 2024-09-02 | Dec 1967 | British |
| GOTTLIEB, Gregory Jonathan | Director | 2024-09-02 | Apr 1982 | French |
| PRUDENTE, Giuseppe | Director | 2024-09-02 | Oct 1960 | Italian |
| PRUDENTE, Salvatore | Director | 2024-09-02 | Nov 1988 | Italian |
| SMART, Simon Leslie | Director | 2024-09-02 | Oct 1966 | British |
| WILLIAMS, John Howard | Director | 2001-09-03 | Feb 1959 | British |
| WOOLNOUGH, David Anthony | Director | 2024-09-02 | Nov 1972 | British |
| ZELLER, Rémi | Director | 2024-09-02 | Oct 1982 | French |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCNAB, Andrew John | Secretary | 2001-09-03 | 2001-12-16 |
| MCNICOL, Alan | Secretary | 2001-12-16 | 2023-06-30 |
| GOWER SECRETARIES LIMITED | Corporate Secretary | 2001-07-11 | 2001-09-03 |
| GOWER NOMINEES LIMITED | Corporate Director | 2001-07-11 | 2001-09-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Shilaben Williams | Individual | ownership-of-shares-50-to-75-percent-as-trust, voting-rights-50-to-75-percent-as-trust, right-to-appoint-and-remove-directors-as-trust, Significant influence | 2020-03-09 | Ceased 2024-09-02 |
| Mr John Howard Williams | Individual | ownership-of-shares-50-to-75-percent-as-trust, voting-rights-50-to-75-percent-as-trust, right-to-appoint-and-remove-directors-as-trust, Significant influence | 2016-07-15 | Ceased 2024-09-02 |
Filing timeline
Last 20 of 110 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-07-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-20 | AA01 | accounts | Change account reference date company current extended | |
| 2024-09-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-06 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-09-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-05 | AA | accounts | Accounts with accounts type group | |
| 2024-07-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-15 | RP04PSC04 | persons-with-significant-control | Second filing change details of a person with significant control | |
| 2024-06-07 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-09-23 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.