MARITIME CRAFT SERVICES (CLYDE) LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2027-05-18 (in 1y)
Last made up 2026-05-04
Watchouts
None on the register
Cash
£1M
-68.2% vs 2023
Net assets
£22M
+10.4% vs 2023
Employees
70
+7.7% vs 2023
Profit before tax
£1M
-45.1% lowest in 3 filed years
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-10-31
| Metric | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £22,719,919 | — | — | £18,953,180 | £21,558,315 | |
| Operating profit | — | — | — | — | — | £3,459,390 | £3,344,553 | |
| Profit before tax | — | — | £1,562,101 | — | — | £2,581,620 | £1,416,092 | |
| Net profit | — | — | £340,847 | — | — | £2,003,545 | £2,146,118 | |
| Cash | — | — | £1,043,891 | — | — | £3,332,421 | £1,060,760 | |
| Total assets less current liabilities | — | — | £56,593,354 | — | — | £43,254,315 | £58,859,809 | |
| Net assets | — | — | £23,942,093 | — | — | £19,644,866 | £21,697,347 | |
| Equity | — | £23,595,467 | £23,942,093 | £17,148,842 | £17,671,455 | £19,644,866 | £21,697,347 | |
| Average employees | — | — | 73 | — | — | 65 | 70 | |
| Wages | — | — | — | — | — | £3,338,389 | £3,630,685 | |
| Directors' remuneration | — | — | £152,299 | — | — | £182,747 | £205,396 |
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
FY2023 → FY2024 · period ending 2024-10-31 vs 2023-10-31
-
Turnover
+13.7%
£18,953,180 £21,558,315
-
Cash
-68.2%
£3,332,421 £1,060,760
-
Net assets
+10.4%
£19,644,866 £21,697,347
-
Employees
+7.7%
65 70
-
Operating profit
-3.3%
£3,459,390 £3,344,553
-
Profit before tax
-45.1%
£2,581,620 £1,416,092
lowest in 3 filed years
-
Wages
+8.8%
£3,338,389 £3,630,685
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 | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 18.3% | 15.5% | |
| Net margin | — | — | 1.5% | — | — | 10.6% | 10.0% | |
| Return on capital employed | — | — | — | — | — | 8.0% | 5.7% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 60.6% | 65.6% | |
| Current ratio | — | — | — | — | — | 0.82x | 0.63x | |
| Interest cover | — | — | — | — | — | 2.23x | 1.38x |
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
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on current trading projections and the company having continued access to sufficient borrowing and working capital facilities (see accounting policy 1.16), the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- MARITIME CRAFT SERVICES (CLYDE) LIMITED · parent
- MCS Projects FZ-LLC 100%
Significant events
- “During January 2025, the company sold three of its vessels for a total consideration of €5.975m. The proceeds were used to repay €3m in respect of term loans and £1.2m in respect of the revolving credit facility.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FOSTER, Nicola | Secretary | 2025-09-01 | — | — |
| KUYT, Menno | Director | 2005-11-01 | Jul 1978 | British |
| KUYT, Nikki | Director | 2005-11-01 | Oct 1976 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ORR, Yvonne | Secretary | 1994-10-14 | 2025-07-29 |
| SMALLWOOD, Howard Robert | Secretary | — | 1994-10-14 |
| KUYT, Alison Baxter | Director | — | 1993-04-05 |
| KUYT, Dirk | Director | — | 2014-10-24 |
| ORR, Yvonne | Director | 2005-11-14 | 2025-07-29 |
| SMALLWOOD, Howard Robert | Director | — | 1994-10-14 |
| SMALLWOOD, Jacqueline Ann | Director | — | 1994-10-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Menno Kuyt | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
| Miss Nikki Kuyt | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 334 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-20 | AA | accounts | Accounts with accounts type full | |
| 2025-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.