MSC CRUISE MANAGEMENT (UK) LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-11-28 (in 6mo)
Last made up 2025-11-14
Watchouts
Cash
£2M
EUR 2,372,000
+130.1% vs 2024
Net assets
£2B
EUR 2,136,452,000
+39.8% vs 2024
Employees
276
+11.3% vs 2024
Profit before tax
£529M
EUR 608,363,000
+55.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £1,989,993,043 | £2,291,800,157 | |
| Operating profit | £484,523,002 | £667,236,281 | |
| Profit before tax | £340,572,224 | £529,057,309 | |
| Net profit | £340,572,224 | £529,057,309 | |
| Cash | £896,600 | £2,062,788 | |
| Total assets less current liabilities | £8,921,927,124 | £9,697,396,295 | |
| Net assets | £1,328,888,599 | £1,857,945,908 | |
| Equity | £1,328,888,599 | £1,857,945,908 | |
| Average employees | 248 | 276 | |
| Wages | £21,934,951 | £24,692,582 | |
| Directors' remuneration | £1,336,638 | £1,434,907 |
Figures converted to GBP from EUR at 0.870 per EUR (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
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+15.2%
£1,989,993,043 £2,291,800,157
-
Cash
+130.1%
£896,600 £2,062,788
-
Net assets
+39.8%
£1,328,888,599 £1,857,945,908
-
Employees
+11.3%
248 276
-
Operating profit
+37.7%
£484,523,002 £667,236,281
-
Profit before tax
+55.3%
£340,572,224 £529,057,309
-
Wages
+12.6%
£21,934,951 £24,692,582
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 24.3% | 29.1% | |
| Net margin | 17.1% | 23.1% | |
| Return on capital employed | 5.4% | 6.9% | |
| Gearing (liabilities / total assets) | 86.8% | 82.8% | |
| Current ratio | 0.12x | 0.13x | |
| Interest cover | 3.31x | 4.83x |
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
- MSC CRUISE MANAGEMENT (UK) LIMITED 2015-01-30 → present
- MSC CTD (UK) LIMITED 2014-12-18 → 2015-01-30
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of severe but plausible downsides on the operations and its financial resources, the Group will have sufficient funds to meet its liabilities as they fall due for that period.”
Group structure
- MSC CRUISE MANAGEMENT (UK) LIMITED · parent
- Splendida Cruise Limited 100%
- Tantasia Cruise Limited 100%
- Musica Cruise Limited 100%
- Orchestra Cruise Limited 100%
- MSC Technical Department (USA) LLC 100%
- Armonia Cruise Limited 100%
- Poesia Cruise Limited 100%
- Lirica Cruise Limited 100%
- Opera Cruise Limited 100%
- Sinfonia Cruise Limited 100%
Significant events
- “The EU parliament approved a direction for the European Union's Emissions Trading System (EU ETS). Effective from 1 January 2024, shipping companies must surrender a percentage of their allowances based on their emissions.”
- “The MSC Cruise Group has an ongoing programme of investment in new-build vessels.”
- “On 1 January 2026, the Company transferred all hotel inventory to its principal customers, MSC Cruises SA and Explora SA.”
- “Subsequent to the reporting date, one of the Company’s vessels experienced an operational delay, as a result of the Middle East conflict, at a port in the Middle East.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GLENDINNING, Andrew Edward, Mr. | Director | 2023-09-13 | Dec 1971 | British |
| LA SCALA, Emilio | Director | 2015-10-08 | Jul 1960 | Italian |
| ONORATO, Giovanni | Director | 2016-12-01 | Nov 1960 | Italian |
| VAGO, Pierfrancesco | Director | 2014-12-18 | May 1961 | Italian |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FERRARA, Domenico | Secretary | 2016-01-25 | 2023-05-05 |
| PALMER, Simon John Harriman | Secretary | 2023-05-05 | 2026-02-13 |
| CAMPBELL, Jonathan Francis | Director | 2015-10-08 | 2023-05-05 |
| EVERITT, Daniel Charles | Director | 2014-12-18 | 2025-12-09 |
| HAWKE, Giles James Martin | Director | 2014-12-18 | 2016-01-14 |
| PALMER, Simon John Harriman | Director | 2023-05-05 | 2026-02-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gianluigi Aponte | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2026-02-20 |
| Mrs Rafaela Aponte-Diamant | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2026-02-20 |
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-04 | AA | accounts | Accounts with accounts type group | |
| 2026-02-24 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2026-02-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-02-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-30 | AA | accounts | Accounts with accounts type group | |
| 2025-03-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-18 | CH01 | officers | Change person director company with change date | |
| 2024-05-13 | AA | accounts | Accounts with accounts type full | |
| 2024-01-02 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 3
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.