INDEPENDENT PORT HANDLING LIMITED
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Cash
£1.9m
+76.8% highest in 3 filed years
Net assets
£182k
+133.6% highest in 3 filed years
Employees
107
+0.9% vs 2024
Profit before tax
£773k
+50,477.1% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £14,772,331 | £15,142,661 | £15,770,927 | +4.1% | |
| Operating profit | -£484,229 | £153,143 | £860,710 | +462% | |
| Profit before tax | -£642,479 | -£1,535 | £773,289 | +50,477.1% | |
| Net profit | -£642,479 | -£1,535 | £723,064 | +47,205.1% | |
| Cash | £745,410 | £1,071,323 | £1,893,932 | +76.8% | |
| Total assets less current liabilities | £257,331 | £501,107 | £1,554,108 | +210.1% | |
| Net assets | -£532,928 | -£541,173 | £181,891 | +133.6% | |
| Equity | -£540,176 | -£541,173 | £181,891 | +133.6% | |
| Average employees | 390 | 106 | 107 | +0.9% | |
| Wages | £7,052,375 | £7,377,703 | £7,567,565 | +2.6% | |
| Directors' remuneration | £399,585 | £245,481 | £256,274 | +4.4% | |
| Directors' pension contributions | £16,227 | £19,988 | £20,844 | +4.3% | |
| Highest paid director | £105,550 | £106,010 | £112,560 | +6.2% |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -3.3% | 1.0% | 5.5% | |
| Net margin | -4.3% | -0.0% | 4.6% | |
| Return on capital employed | -188.2% | 30.6% | 55.4% | |
| Gearing (liabilities / total assets) | 106.6% | 106.2% | 96.4% | |
| Current ratio | 0.84x | 0.79x | 1.05x | |
| Interest cover | -3.06x | 0.97x | 9.77x |
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 2 times since incorporation
- INDEPENDENT PORT HANDLING LIMITED 2008-11-05 → present
- MARCHWOOD PORT HANDLING LIMITED 2008-01-16 → 2008-11-05
- INHOCO 4221 LIMITED 2007-10-23 → 2008-01-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as the Group directors have monitored current year to date performance against budget in 2026 and have performed additional reforecasts to the end of 2027. The Group is expected to remain in a strong financial position over the forecast period.”
Group structure
- INDEPENDENT PORT HANDLING LIMITED · parent
- Southern Maritime Services Limited 100%
- Pathfinder Personnel Sheerness Limited 100%
- Southampton Cargo Handling Limited 100%
- Cruise and Passenger Services Limited 100%
- Pathfinder Personnel Limited 100%
Significant events
- “The business continues to navigate external headwinds. In 2025 these factors included the international tariff disputes and the prolonged impact of the Ukraine war that commenced in 2022, and the changes to National Insurance rates and increases to the National Living Wage announced in the Autumn Budget 2024.”
- “While wider macroeconomic challenges continue into 2026, with conflict in the Middle East an additional factor, the business is confident in its ability to manage through these and deliver continued improvements in performance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURGESS, Stephen William | Director | 2008-10-01 | Dec 1952 | British |
| SIMM, Jonathan David | Director | 2022-11-01 | Nov 1965 | British |
| WILLIAMS, Huw Llewelyn Francis | Director | 2019-02-12 | Nov 1958 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RAWLES, Louis John | Secretary | 2009-04-27 | 2014-07-01 |
| WILLIAMS, Alexander | Secretary | 2008-10-01 | 2009-04-27 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 2007-10-23 | 2008-10-01 |
| DIGHE, Ian Robert | Director | 2008-02-04 | 2016-02-29 |
| DOWLEY, Laurence Justin | Director | 2008-02-20 | 2016-02-29 |
| LEVER, Paul Ronald Scott | Director | 2008-02-04 | 2016-02-29 |
| RAWLES, Louis John | Director | 2009-04-27 | 2019-02-12 |
| SIMM, Jonathan David | Director | 2018-06-01 | 2019-10-01 |
| WILLIAMS, John Howard | Director | 2008-10-01 | 2013-11-19 |
| INHOCO FORMATIONS LIMITED | Corporate Nominee Director | 2007-10-23 | 2008-02-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stephen William Burgess | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 101 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-01-15 MA Memorandum articles
- 2024-01-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-01 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-08-18 | AA | accounts | Accounts with accounts type group | |
| 2026-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-24 | AA | accounts | Accounts with accounts type group | |
| 2024-12-23 | AA | accounts | Accounts with accounts type group | |
| 2024-11-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-15 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-01-15 | MA | incorporation | Memorandum articles | |
| 2024-01-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-01-11 | SH01 | capital | Capital allotment shares | |
| 2024-01-11 | SH01 | capital | Capital allotment shares | |
| 2024-01-11 | SH01 | capital | Capital allotment shares | |
| 2023-11-22 | AA | accounts | Accounts with accounts type group | |
| 2023-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-07 | AA | accounts | Accounts with accounts type group | |
| 2022-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.