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Cash

£3.5M

+7.1% highest in 4 filed years

Net assets

£20M

+6.8% highest in 3 filed years

Employees

74

0% vs 2024

Profit before tax

£2.2M

-1% lowest in 3 filed years

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £26,178,000£26,357,000£22,646,000 -14.1%
Operating profit £2,924,000£2,184,000£2,138,000 -2.1%
Profit before tax £2,904,000£2,211,000£2,189,000 -1%
Net profit £855,000£3,232,000£1,320,000£1,688,000 +27.9%
Cash £19,000£1,980,000£3,239,000£3,469,000 +7.1%
Total assets less current liabilities £18,869,000£20,865,000£22,119,000 +6%
Net assets £17,727,000£18,847,000£20,135,000 +6.8%
Equity £17,727,000£18,847,000£20,135,000 +6.8%
Average employees 4757474 0%
Wages £224,000£3,508,000£3,408,000£3,536,000 +3.8%
Directors' remuneration

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 2022-12-312023-12-312024-12-312025-12-31
Operating margin 11.2%8.3%9.4%
Net margin 12.3%5.0%7.5%
Return on capital employed 15.5%10.5%9.7%
Gearing (liabilities / total assets) 23.1%22.0%17.6%
Current ratio 3.31x4.68x6.96x

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

“The Group has adequate resources and facilities to continue to meet financial obligations as they fall due and taking all relevant matters into consideration the Directors have a reasonable expectation that the Group can continue to operate and accordingly they have presented financial statements on a going concern basis.”

Group structure

  1. NEW WILLINGTON LIMITED · parent
    1. International Bulk Liquids (Storage and Transport) Limited 100% · United Kingdom · Storage and Transport
    2. The White Sea & Baltic Company Limited 100% · United Kingdom

Significant events

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

People

5 active · 0 resigned

Name Role Appointed Born Nationality
R.E.A. SERVICES LIMITED Corporate Secretary 2018-06-20
BASKERVILLE, Malcolm Stuart Director 2018-06-26 Apr 1949 British
DESMONDE, Ian Director 2022-06-23 Jan 1967 British
ROBINOW, Jeremy John Director 2018-06-20 Apr 1958 British
ROBINOW, Richard Michael Director 2018-06-20 Dec 1945 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Richard Michael Robinow Individual Shares 25–50%, Voting 25–50% 2018-06-20 Active
Mr Jeremy John Robinow Individual Shares 25–50%, Voting 25–50% 2018-06-20 Active

Filing timeline

Last 20 of 41 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-01-13 MA Memorandum articles
  • 2026-01-13 RESOLUTIONS Resolution
  • 2025-12-27 MA Memorandum articles
  • 2025-12-27 RESOLUTIONS Resolution
  • 2022-08-01 MA Memorandum articles
  • 2022-08-01 RESOLUTIONS Resolution
Date Type Category Description
2026-07-02 CS01 confirmation-statement Confirmation statement with updates PDF
2026-06-29 AA accounts Accounts with accounts type group PDF
2026-02-04 SH06 capital Capital cancellation shares
2026-02-04 SH03 capital Capital return purchase own shares
2026-01-13 MA incorporation Memorandum articles
2026-01-13 RESOLUTIONS resolution Resolution
2025-12-27 MA incorporation Memorandum articles
2025-12-27 RESOLUTIONS resolution Resolution
2025-12-27 SH02 capital Capital alter shares subdivision
2025-12-21 SH10 capital Capital variation of rights attached to shares
2025-09-04 AA accounts Accounts with accounts type group PDF
2025-06-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-20 AA accounts Accounts with accounts type group PDF
2024-06-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-20 CS01 confirmation-statement Confirmation statement with updates PDF
2023-06-15 AA accounts Accounts with accounts type group
2022-08-01 MA incorporation Memorandum articles
2022-08-01 RESOLUTIONS resolution Resolution
2022-08-01 SH08 capital Capital name of class of shares
2022-06-29 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
11

last 12 months

Capital events
4

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.

Official Companies House page