MOUNTPARK SHIPPING COMPANY LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +11.2%

  £9,561,935 → £10,629,439

• Cash

  +2,867.7%

  £766,988 → £22,762,204

• Net assets

  +18.7%

  £32,720,341 → £38,852,508

• Employees

  —

  Not reported

• Operating profit

  +800%

  £1,620,692 → £14,586,230

• Profit before tax

  +798.9%

  £1,619,197 → £14,555,580

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management has carried out detailed reforecasts (based on a range of possible outcomes) taking account a number of factors which may impact the business. Having been provided with this analysis, the directors, having considered these forecasts, cash resources, facilities, and projected costs (taking account of mitigation available) have concluded that there is no material uncertainty arising in relation to going concern and that the company has a reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future and to meet its obligations as they fall due. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Wellpark completed her time charter on pool earnings with the TMA Pool in December and was subsequently sold to Greek interests. This transaction generated a gain on sale of $6.8m.”
• “In early 2025 we completed the purchase of a one year old 40,500dwt bulk carrier with a Tier III eco engine. She has been renamed as Broompark.”
• “The current year saw the sale of a comparable vessel for a value greater than the impaired net book value of the MV Mountpark and MV Wellpark. As a result, the impairment of both vessels was fully reversed in the year.”
• “In December 2024, the company paid a fully refundable deposit of $27,384,000 for the purchase of the MV Broompark to an escrow bank account. The transaction to purchase the MV Broompark was completed in January 2025 for a total cost of $30,248,000.”
• “During the year, the company reduced its share capital by 2,667,250 shares of $1 each. As a result of the reduction in share capital, distributable reserves were increased by $2,667,250.”

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

Filings

4

last 12 months

Capital events

3

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.