NMT INTERNATIONAL SHIPPING UK 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

  -24.8%

  £36,211,582 → £27,233,757

• Cash

  +28.2%

  £1,109,533 → £1,422,445

• Net assets

  —

  Not reported

• Employees

  -2.2%

  45 → 44

• Operating profit

  -259.7%

  £511,184 → -£816,262

• Profit before tax

  -252.7%

  £525,443 → -£802,296

• Wages

  -6.5%

  £1,592,737 → £1,488,563

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

TC Group

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. 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.”

Significant events

• “In contrast to the buoyant trading conditions of 2023, which were characterised by high freight rates and limited vessel capacity, 2024 has proven significantly more challenging. The year has been marked by an oversupply of shipping capacity and a noticeable reduction in global cargo volumes particularly during the second half. This has been compounded by considerable global political uncertainty, with elections taking place in over 70 countries, and further volatility in the final quarter due to the U.S. presidential election.”
• “A significant bad debt provision (c.£220k) has arisen this year which has contributed to the loss in the year.”
• “Looking ahead to 2025, we anticipate continued headwinds, including softer volumes and intensified competition driven by the introduction of additional vessel capacity to the global market. This outlook is further clouded by the potential for disruptive trade policies expected from the early decisions of the Trump administration.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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