MOL LNG TRANSPORT (EUROPE) LIMITED
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Cash
£26M
+31.1% vs 2023
Net assets
£2.2M
+38.3% vs 2023
Employees
58
-13.4% vs 2023
Profit before tax
£844K
+17.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have concluded that the trade under MOL LNG Transport (Europe) Limited will be transferred to MOL Global Ship Management PTE LTD within 2025. Accordingly, this company is ceasing to trade and the Financial Statements are not prepared on a going concern basis.
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
-
Going-concern uncertainty disclosed
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £11,402,667 | £10,324,637 | -9.5% | |
| Operating profit | £573,958 | £792,131 | +38% | |
| Profit before tax | £720,079 | £843,621 | +17.2% | |
| Net profit | £549,446 | £609,490 | +10.9% | |
| Cash | £19,683,465 | £25,803,357 | +31.1% | |
| Total assets less current liabilities | — | — | — | |
| Net assets | £1,591,217 | £2,200,707 | +38.3% | |
| Equity | £1,591,217 | £2,200,707 | +38.3% | |
| Average employees | 67 | 58 | -13.4% | |
| Wages | £5,494,723 | £5,022,652 | -8.6% | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 5.0% | 7.7% | |
| Net margin | 4.8% | 5.9% | |
| Current ratio | 1.04x | 1.04x |
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.
Name history
Renamed 1 time since incorporation
- MOL LNG TRANSPORT (EUROPE) LIMITED 2011-04-11 → present
- MO LNG TRANSPORT (EUROPE) LIMITED 2006-10-03 → 2011-04-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Qualified
- Going concern
- Material uncertainty disclosed
“The directors have concluded that the trade under MOL LNG Transport (Europe) Limited will be transferred to MOL Global Ship Management PTE LTD within 2025. Accordingly, this company is ceasing to trade and the Financial Statements are not prepared on a going concern basis.”
Significant events
- “A decision has been made to transfer all trade under MOL LNG Transport (Europe) Limited to MOL Global Ship Management PTE LTD after the year end. MOL LNG Transport transferred 17 vessels during 2024 and 2025 with the final vessel transferred on 19th June 2025. The transfer is part of MOL Group's strategy to centralize ship management and enhance operational safety.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ASADA, Koichi | Director | 2023-05-17 | Aug 1964 | Japanese |
| KANDA, Jun | Director | 2019-12-15 | Feb 1969 | Japanese |
| OGURA, Shinsuke | Director | 2024-04-26 | Jun 1973 | Japanese |
| UMEMURA, Hisashi | Director | 2024-04-26 | Jun 1968 | Japanese |
| WIRYA SIMUNOVIC, Suryan | Director | 2021-04-01 | Sep 1969 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADDISON, Anthony John | Secretary | 2006-10-10 | 2015-05-31 |
| ATKINS, John Michael | Secretary | 2023-05-17 | 2024-09-24 |
| RICHARDSON, Matthew Thomas | Secretary | 2015-06-01 | 2023-05-17 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2006-10-03 | 2006-10-10 |
| ASADA, Koichi | Director | 2018-03-22 | 2021-03-31 |
| CARR, John Edmund | Director | 2006-10-10 | 2015-03-02 |
| FUNAKOSHI, Reizo | Director | 2011-08-03 | 2012-06-22 |
| GANAPATHY, Gunaseharan | Director | 2017-04-01 | 2021-03-31 |
| HAMAZAKI, Kazuya | Director | 2020-12-07 | 2024-04-25 |
| HASHIMOTO, Takeshi | Director | 2006-10-10 | 2017-11-15 |
| HAYASHI, Masanori | Director | 2015-06-23 | 2018-03-22 |
| HILL, Andrew David Graham | Director | 2017-01-01 | 2020-03-31 |
| ISHIHARA, Nobuo | Director | 2013-07-05 | 2017-03-31 |
| KAMADA, Kenji | Director | 2012-08-06 | 2019-02-25 |
| KANEMITSU, Seiichiro | Director | 2011-08-03 | 2013-06-21 |
| MATSUZAKA, Kenta | Director | 2015-03-02 | 2020-12-07 |
| NAKANO, Hiroyuki | Director | 2020-12-07 | 2021-03-31 |
| RICHARDSON, Andrew John | Director | 2017-04-01 | 2018-09-30 |
| RICHARDSON, Andrew John | Director | 2014-03-21 | 2016-12-31 |
| ROWLEY, Michael | Director | 2011-08-03 | 2020-03-31 |
| SATO, Kazuhiro | Director | 2006-10-10 | 2013-06-21 |
| SHIMOKAWA, Chikara | Director | 2017-11-16 | 2019-12-15 |
| TANAKA, Kaname | Director | 2006-10-10 | 2011-07-23 |
| YAMAUCHI, Akihiro | Director | 2021-04-01 | 2023-05-17 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2006-10-03 | 2006-10-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mitsui O.S.K. Lines, Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 116 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-09-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-19 | AA | accounts | Accounts with accounts type full | |
| 2025-12-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-23 | CH03 | officers | Change person secretary company with change date | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-07-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-07-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-03-15 | AA | accounts | Accounts with accounts type full | |
| 2022-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | RESOLUTIONS | resolution | Resolution |
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.