JAMES FISHER MARINE SERVICES LIMITED

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

  -93.6%

  £55,457,624 → £3,575,462

• Cash

  -45.2%

  £687,901 → £377,157

• Net assets

  -194.7%

  -£3,610,010 → -£10,640,026

• Employees

  -56%

  109 → 48

• Operating profit

  +50.1%

  -£7,286,961 → -£3,638,738

• Profit before tax

  +69.2%

  -£23,107,173 → -£7,108,697

• Wages

  -35.8%

  £6,050,177 → £3,883,451

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.

1. JAMES FISHER MARINE SERVICES LIMITED 2008-07-31 → present
2. JAMES FISHER DEFENCE LIMITED 2004-07-06 → 2008-07-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Under the combined severe but plausible scenario, prior to mitigating actions within the control of management, the forecasts indicate that there is limited headroom on liquidity in certain months, however there is sufficient headroom on all financial covenants in the going concern assessment period. The Directors of JFS are confident that they have a number of controllable mitigating actions that could be implemented should the combined severe but plausible scenario materialise to address the limited headroom on liquidity, predominantly from reducing discretionary spend on non-critical projects. Accordingly, the Group consolidated financial statements have been prepared on a going concern basis.”

Group structure

1. JAMES FISHER MARINE SERVICES LIMITED · parent
   1. Buchan Technical Services Limited 100% · Dormant
   2. First Response Marine Pte Limited 50% · Singapore · Marine Services
   3. Hughes Marine Engineering Limited 100% · Dormant
   4. Hughes Sub Surface Engineering Limited 100% · Dormant
   5. James Fisher Defence Limited 100% · Defence
   6. James Fisher Marine Services Middle East FZE 80% · United Arab Emirates · Marine Services
   7. James Fisher Maritime Deutschland GmbH 100% · Germany · Marine Services
   8. James Fisher Singapore Pte Limited 100% · Singapore · Defence
   9. JFD Limited 100% · Defence
   10. James Fisher Renouvelables SAS (formerly known as Mojo Maritime France SAS) 100% · France · Marine Services

Significant events

• “In 2023, on the 28th November 2023...the discontinuation of the Subtech Europe business was approved. ...the sale of the assets where, the latter was concluded on the 17th April 2024 with a successful sale of all non utilisable assets and inventory.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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