PHAROS MARINE AUTOMATIC POWER LIMITED
Get an alert when PHAROS MARINE AUTOMATIC POWER LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£290K
+1.8% vs 2023
Net assets
£2.2M
+87.6% highest in 5 filed years
Employees
62
+17% highest in 5 filed years
Profit before tax
£1M
+1,203.8% highest in 5 filed years
Net assets
5-year trend · vs Energy median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £8,683,000 | £9,169,000 | £7,044,000 | £10,907,000 | £16,315,000 | +49.6% | |
| Operating profit | -£1,165,000 | -£403,000 | -£797,000 | £249,000 | £1,441,000 | +478.7% | |
| Profit before tax | -£1,304,000 | -£465,000 | -£876,000 | £78,000 | £1,017,000 | +1,203.8% | |
| Net profit | -£876,000 | -£42,000 | -£552,000 | £154,000 | £1,034,000 | +571.4% | |
| Cash | £519,000 | £382,000 | £225,000 | £285,000 | £290,000 | +1.8% | |
| Total assets less current liabilities | £942,000 | £972,000 | £391,000 | £1,273,000 | £2,465,000 | +93.6% | |
| Net assets | £906,000 | £864,000 | £313,000 | £1,181,000 | £2,215,000 | +87.6% | |
| Equity | £906,000 | £864,000 | £313,000 | £1,181,000 | £2,215,000 | +87.6% | |
| Average employees | 52 | 54 | 46 | 53 | 62 | +17% | |
| Wages | — | — | — | £2,575,000 | £3,126,000 | +21.4% | |
| Directors' remuneration | — | — | — | £370,000 | £520,000 | +40.5% |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | -13.4% | -4.4% | -11.3% | 2.3% | 8.8% | |
| Net margin | -10.1% | -0.5% | -7.8% | 1.4% | 6.3% | |
| Return on capital employed | -123.7% | -41.5% | -203.8% | 19.6% | 58.5% | |
| Gearing (liabilities / total assets) | — | — | — | 80.2% | 73.0% | |
| Current ratio | — | — | — | 1.22x | 1.40x | |
| Interest cover | -7.87x | -6.40x | -10.09x | 1.79x | 3.39x |
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
- PHAROS MARINE AUTOMATIC POWER LIMITED 2017-01-03 → present
- PHAROS MARINE LIMITED 2009-06-10 → 2017-01-03
- TOXAWAY LIMITED 2008-11-25 → 2009-06-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Taylor Viney & Marlow Limited
- 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.”
Group structure
- PHAROS MARINE AUTOMATIC POWER LIMITED · parent
- Automatic Power Ltd 100%
- Sims Systems Limited 100%
Significant events
- “In March 2025 a group reorganisation took place whereby Pharos Marine Holdings Limited, whose registered office is 14 Castle Mews, Hampton, TW12 2NP, became the parent company of Pharos Holdings, Inc.”
- “In 2024, the company incurred consultancy expenses related group wide restructuring and refinancing.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FOULKES, Robin James | Secretary | 2013-10-02 | — | — |
| DICKINSON, Scott | Director | 2008-11-25 | Aug 1970 | American |
| FOULKES, Robin James | Director | 2023-03-30 | Mar 1957 | British |
| JAMES, Owen | Director | 2010-01-15 | Oct 1967 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KEARLEY, Neville John | Secretary | 2009-01-23 | 2013-10-02 |
| WAHLEN, JR., Edwin | Secretary | 2008-11-25 | 2009-01-23 |
| TASSELL, Alan Christopher | Director | 2009-01-23 | 2010-12-31 |
| TRENCHARD, Stephen Edward | Director | 2009-01-23 | 2011-07-27 |
| WAHLEN JR, Edwin | Director | 2009-01-23 | 2022-07-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pharos Holdings, Inc | Corporate entity | Shares 75–100% | 2020-07-12 | Active |
| Toxaway Acquisition Company | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2022-07-12 |
Filing timeline
Last 20 of 73 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-13 | AA | accounts | Accounts with accounts type full | |
| 2025-04-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-27 | AA | accounts | Accounts with accounts type small | |
| 2024-04-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-19 | CH01 | officers | Change person director company with change date | |
| 2023-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-15 | AA | accounts | Accounts with accounts type small | |
| 2023-05-02 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-07-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-09 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.