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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-26 (in 2mo)

Last made up 2025-07-12

Watchouts

None on the register

Cash

£217K

USD 290,000

Latest balance sheet

Net assets

£8M

USD 10,105,000

Equity attributable

Employees

Average over period

Profit before tax

-£572K

USD -765,000

Period ending 2024-12-31

Accounts

1-year trend · latest reflected 2024-12-31

Metric Trend 2024-12-31
Turnover £4,613,142
Operating profit £24,669
Profit before tax -£571,877
Net profit -£571,877
Cash £216,790
Total assets less current liabilities £12,022,875
Net assets £7,554,011
Equity £7,554,011
Average employees
Wages
Directors' remuneration

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

Year-on-year

Latest filed period vs the prior one

No year-on-year comparison available — needs at least two filed periods with shared line items.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-12-31
Operating margin 0.5%
Net margin -12.4%
Return on capital employed 0.2%
Gearing (liabilities / total assets) 44.4%
Current ratio 0.65x
Interest cover 0.04x

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
IFRS
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. In applying this basis, the directors have reviewed the projections of cash flows and compliance with banking covenants over the 12 months from the approval of the financial statements and concluded that the Company will be able to meet its liabilities as they fall due. The Company's current liabilities exceeded its current assets by US$731,000. In addition, an associated company, Lomar Corporation Limited, has undertaken to provide support to enable the Company to meet its obligations as they fall due. For the assessment performed by management with regards to the going concern status of the Company, refer to Note 2.”

Significant events

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

People

3 active · 2 resigned

Name Role Appointed Born Nationality
GEORGIOU, George Nicholas, Mr. Director 2023-07-13 Jan 1973 British
KETHISOUARAN, Mark, Mr. Director 2023-09-04 Oct 1988 Greek
WALSH, Tom St John Director 2023-08-09 Dec 1987 Irish
Show 2 resigned officers
Name Role Appointed Resigned
ENGLISCH, Christoph, Mr. Director 2023-08-09 2024-02-29
PSACHOS, Dionysios Director 2023-07-13 2023-09-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Cerulean Shipholdings Limited Corporate entity Shares 75–100%, Voting 75–100% 2023-07-13 Active

Filing timeline

Last 20 of 40 total filings

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

  • 2024-07-10 RESOLUTIONS Resolution
  • 2024-03-26 RESOLUTIONS Resolution
  • 2024-03-26 MA Memorandum articles
Date Type Category Description
2025-10-02 SH01 capital Capital allotment shares PDF
2025-09-09 SH01 capital Capital allotment shares PDF
2025-08-21 AA accounts Accounts with accounts type full
2025-07-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-28 DISS40 gazette Gazette filings brought up to date
2025-06-10 GAZ1 gazette Gazette notice compulsory
2025-01-20 AA01 accounts Change account reference date company previous extended PDF
2024-09-09 CH01 officers Change person director company with change date PDF
2024-07-24 SH19 capital Capital statement capital company with date currency figure
2024-07-17 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-10 SH19 capital Capital statement capital company with date currency figure
2024-07-10 SH20 capital Legacy
2024-07-10 CAP-SS insolvency Legacy
2024-07-10 RESOLUTIONS resolution Resolution
2024-03-26 RESOLUTIONS resolution Resolution
2024-03-26 MA incorporation Memorandum articles
2024-03-13 TM01 officers Termination director company with name termination date PDF
2023-12-04 SH19 capital Capital statement capital company with date currency figure
2023-12-04 SH20 capital Legacy
2023-12-04 CAP-SS insolvency Legacy

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
5

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