INTERMARINE UK LIMITED
The company supplies skilled engineering personnel and manages technical work packages for the shipbuilding, defence, and energy sectors.
Get an alert when INTERMARINE UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£8.4m
+71.3% highest in 7 filed years
Net assets
£3m
-2.6% first positive since 2022
Employees
494
-5.2% vs 2024
Profit before tax
£1.3m
-49.1% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £27,814,837 | £54,974,091 | £47,145,511 | -14.2% | |
| Operating profit | — | — | — | — | £2,388,022 | £2,740,637 | £1,270,179 | -53.7% | |
| Profit before tax | — | — | — | — | £2,388,022 | £2,533,969 | £1,290,814 | -49.1% | |
| Net profit | — | — | — | — | £1,819,242 | £1,815,016 | -£79,367 | -104.4% | |
| Cash | £13,400 | £51,473 | £512,546 | £1,222,620 | £2,136,755 | £4,881,446 | £8,362,160 | +71.3% | |
| Total assets less current liabilities | -£1,421,137 | -£1,493,497 | -£1,287,632 | -£290,755 | £1,535,131 | £6,445,702 | £9,566,067 | +48.4% | |
| Net assets | -£1,459,611 | — | — | -£290,755 | £1,528,487 | £3,067,702 | £2,988,067 | -2.6% | |
| Equity | — | — | — | -£290,755 | £1,528,487 | £3,067,702 | £2,988,067 | -2.6% | |
| Average employees | 10 | 7 | 4 | 13 | 155 | 521 | 494 | -5.2% | |
| Wages | — | — | — | — | £8,260,831 | £24,628,874 | £24,848,167 | +0.9% | |
| Directors' remuneration | — | — | — | — | £131,483 | £433,182 | £860,777 | +98.7% | |
| Directors' pension contributions | £NaN | — | — | — | — | £4,330 | £34,304 | +692.2% | |
| Highest paid director | £NaN | — | — | — | £131,483 | £272,000 | £260,000 | -4.4% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 8.6% | 5.0% | 2.7% | |
| Net margin | — | — | — | — | 6.5% | 3.3% | -0.2% | |
| Return on capital employed | — | — | — | — | 155.6% | 42.5% | 13.3% | |
| Gearing (liabilities / total assets) | 524.0% | — | — | 114.2% | 73.1% | 75.7% | 77.4% | |
| Current ratio | — | — | — | — | 1.36x | 1.89x | 3.52x | |
| Interest cover | — | — | — | — | — | 13.21x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the Directors continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- INTERMARINE UK LIMITED · parent
- Marine People Limited 51%
- Interweld Nuclear Services Limited 51%
- Intermarine Canada Limited 100%
Significant events
- “Intermarine Canada was acquired in December 2025 with a view to providing overseas labour to Canadian shipyards.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELKINGTON, Richard David | Director | 2024-09-30 | Jul 1968 | British |
| KALICKI, Slawomir Tadeusz | Director | 2009-04-22 | Nov 1961 | Polish |
| MANSELL, Nicholas Anthony | Director | 2021-06-01 | Oct 1985 | British |
| WARRICK, Stephen David John | Director | 2024-09-30 | Aug 1965 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GUY, Matthew | Secretary | 2009-10-01 | 2016-02-05 |
| BAILEY, David Sidney | Director | 2015-02-23 | 2020-01-24 |
| BIL, Robert | Director | 2015-02-23 | 2024-09-30 |
| DOMMETT, Ben David | Director | 2014-07-03 | 2016-02-02 |
| DOMMETT, Ben | Director | 2009-04-14 | 2009-04-22 |
| ELDRIDGE, Murray Douglas | Director | 2016-08-01 | 2017-01-01 |
| GILES, Mark Trevor Shelley | Director | 2016-10-03 | 2017-08-30 |
| LEWANDOWICZ, Mateusz Andrzej | Director | 2015-02-23 | 2024-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Naman Holdings Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2026-01-26 | Active |
| Nicholas Mansell | Individual | Shares 25–50%, Voting 25–50% | 2023-04-28 | Ceased 2026-01-26 |
| Slawomir Tadeusz Kalicki | Individual | Significant influence | 2019-10-25 | Active |
| Inter Marine Singapore Pte Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2019-10-25 |
Filing timeline
Last 20 of 77 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-01 | AA | accounts | Accounts with accounts type group | |
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-08 | AA | accounts | Accounts with accounts type group | |
| 2025-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-09 | CH01 | officers | Change person director company with change date | |
| 2024-10-09 | CH01 | officers | Change person director company with change date | |
| 2024-10-09 | CH01 | officers | Change person director company with change date | |
| 2024-10-09 | CH01 | officers | Change person director company with change date | |
| 2024-10-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-19 | AA | accounts | Accounts with accounts type small | |
| 2024-04-29 | SH01 | capital | Capital allotment shares | |
| 2024-04-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-09-27 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.