PREVAIL MARITIME LIMITED
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Cash
£666K
+3.9% highest in 3 filed years
Net assets
-£40K
+95.3% highest in 6 filed years
Employees
8
+33.3% highest in 6 filed years
Profit before tax
£1.1M
+55.9% highest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-01-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £1,187,598 | £3,200,488 | +169.5% | |
| Operating profit | — | — | — | — | £707,431 | £1,103,299 | +56% | |
| Profit before tax | — | — | -£2,484 | £0 | £707,431 | £1,102,605 | +55.9% | |
| Net profit | — | — | -£2,484 | £263,923 | £343,321 | £827,927 | +141.2% | |
| Cash | — | — | — | £0 | £640,910 | £666,215 | +3.9% | |
| Total assets less current liabilities | — | — | — | — | -£868,366 | -£40,439 | +95.3% | |
| Net assets | — | — | — | — | -£868,366 | -£40,439 | +95.3% | |
| Equity | -£1,327,192 | -£1,473,126 | -£1,475,610 | -£1,211,687 | -£868,366 | -£40,439 | +95.3% | |
| Average employees | 0 | 0 | 0 | 0 | 6 | 8 | +33.3% | |
| Wages | — | — | — | — | — | — | — | |
| 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 | 2020-01-31 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 59.6% | 34.5% | |
| Net margin | — | — | — | — | 28.9% | 25.9% | |
| Current ratio | — | — | — | — | 0.43x | 0.97x |
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
- PREVAIL MARITIME LIMITED 2019-01-15 → present
- PREVAIL PARTNERS (MARITIME) LIMITED 2018-07-30 → 2019-01-15
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Hill Osborne Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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.”
Significant events
- “A prior period adjustment has been made to correct costs that had been recognised in the incorrect accounting period. This has resulted in an decrease in profit and loss of £6,915.”
- “A prior period adjustment has been made to correctly account for commissions payable to certain customers, which had previously been netted off against revenue, amounting to £60,218. There was no change in the profit and loss reserves as a result of this adjustment.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HART, Jonathan | Secretary | 2018-07-30 | — | — |
| HEDGES, Justin | Director | 2018-07-30 | Mar 1972 | British |
| HUNTINGFORD, Damian | Director | 2018-07-30 | Jun 1977 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Prevail Partners Limited | Corporate entity | Shares 75–100% | 2018-07-30 | Active |
Filing timeline
Last 20 of 22 total filings
Material constitutional events — rename, articles re-file, resolution
- 2019-01-15 RESOLUTIONS Resolution PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-28 | AA | accounts | Accounts with accounts type full | |
| 2025-08-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-02 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-26 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-10-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-09-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-10 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-01 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-07-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-12 | AA01 | accounts | Change account reference date company previous shortened | |
| 2019-07-09 | CH01 | officers | Change person director company with change date | |
| 2019-01-15 | RESOLUTIONS | resolution | Resolution | |
| 2018-11-15 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.