TOTAL SHIP SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have not been prepared on a going concern basis. Instead, they have been prepared on a break-up basis, reflecting the intention to realise assets and discharge liabilities other than in the normal course of business. Adjustments have been made to measure assets at their net realisable value, considering expected disposal proceeds.

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

• Turnover

  -5.5%

  £3,699,705 → £3,494,921

• Cash

  +185.5%

  £143,260 → £408,988

• Net assets

  -248.6%

  £302,458 → -£449,388

• Employees

  -16%

  25 → 21

• Operating profit

  -339.2%

  £282,644 → -£676,224

• Profit before tax

  -339.2%

  £282,644 → -£676,224

• Wages

  -11.2%

  £1,013,181 → £899,836

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

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have not been prepared on a going concern basis. Instead, they have been prepared on a break-up basis, reflecting the intention to realise assets and discharge liabilities other than in the normal course of business. Adjustments have been made to measure assets at their net realisable value, considering expected disposal proceeds.”

Significant events

• “Following a period of severe economic and financial difficulty, and a subsequent collective consultation with the workforce, the directors have taken the decision to enter members' voluntary liquidation. This decision was taken in January 2026 following a collective consultation with the workforce that concluded in December 2025. The company will formally enter liquidation once all assets and liabilities have been settled.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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