TEIGNMOUTH MARITIME SERVICES LIMITED

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -5.6%

  £27,782,571 → £26,216,195

• Cash

  -26.3%

  £5,923,745 → £4,367,879

• Net assets

  -4.6%

  £7,621,199 → £7,269,742

• Employees

  +21.5%

  79 → 96

  highest in 3 filed years

• Operating profit

  -84.6%

  £6,219,930 → £955,414

• Profit before tax

  -69.7%

  £7,048,168 → £2,132,995

• Wages

  +72.8%

  £4,263,782 → £7,367,285

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

Darnells Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. TEIGNMOUTH MARITIME SERVICES LIMITED · parent
   1. Marine Plant Hire (UK) Limited 100% · UK

Significant events

• “On 24 March 2025, Ancora Buyer Limited, a holding company capitalised with funds managed by Sullivan Street Partners ("SSP"), completed the acquisition of the entire share capital of the company.”
• “During the course of the transaction, the company incurred exceptional costs totalling £3.48 million.”
• “Following the financial year-end, this 50% stake in HH held by Ancora Buyer Limited will be transferred to TMS, establishing HH as a wholly owned subsidiary of TMS.”

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

Filings

11

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

6

last 12 months

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