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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-08 (in 7mo)

Last made up 2025-11-24

Watchouts

None on the register

Cash

£905K

+47% vs 2023

Net assets

£7M

+77.5% vs 2023

Employees

70

+6.1% highest in 3 filed years

Profit before tax

£4M

+6.4% highest in 3 filed years

Accounts

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

Metric Trend 2022-01-012022-12-312023-12-312024-12-31
Turnover £15,665,963£18,767,553£20,332,139
Operating profit £2,943,280£3,437,360£3,655,201
Profit before tax £2,942,790£3,439,171£3,658,516
Net profit £2,452,550£2,833,081£2,878,623
Cash £1,652,733£615,764£905,123
Total assets less current liabilities £6,943,497£3,982,779£6,860,294
Net assets £6,681,052£3,714,133£6,592,756
Equity £5,228,502£6,681,052£3,714,133£6,592,756
Average employees 626670
Wages £2,683,271£3,428,509£4,088,948
Directors' remuneration £127,894£258,772

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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 2022-01-012022-12-312023-12-312024-12-31
Operating margin 18.8%18.3%18.0%
Net margin 15.7%15.1%14.2%
Return on capital employed 42.4%86.3%53.3%
Current ratio 1.29x2.05x
Interest cover 5450.52x

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 2 times since incorporation

  1. DALES MARINE SERVICES (GREENOCK) LIMITED 2018-08-31 → present
  2. GARVEL CLYDE LIMITED 1996-08-06 → 2018-08-31
  3. GARVEL DRY DOCK COMPANY LIMITED 1987-06-24 → 1996-08-06

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Anderson Anderson & Brown Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In determining the going concern of the company the directors have considered the company's current and forecast profitability required to operate for a period of no less than 12 months from the date of signing these financial statements. The directors are confident of meeting its future financial forecasts and its obligations as the company and wider Group is trading profitably, is cash generative and has prudent financing facilities. As such, these financial statements have been prepared on a going concern basis..”

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

People

2 active · 26 resigned

Name Role Appointed Born Nationality
ADAM-OWEN, Kaylea Director 2024-01-26 Jul 1979 British
PATERSON, Kevin Director 2022-04-01 Dec 1987 British
Show 26 resigned officers
Name Role Appointed Resigned
AVERY, Stephen John Secretary 2007-02-01 2014-03-21
EVANS, William Wilson Secretary 1997-10-30 1999-02-25
GILLESPIE, Irene Secretary 1997-10-30
HYND, Russell John Secretary 1999-02-25 2002-05-08
HBJGW SECRETARIAL LIMITED Corporate Secretary 2002-05-08 2007-02-01
LC SECRETARIES LIMITED Corporate Secretary 2014-07-15 2020-12-09
ADAMS, Janess Director 2002-05-08 2014-03-21
ANTCZAK, Kerry Ann Director 2014-03-21 2017-04-13
AVERY, Stephen John Director 2007-07-26 2014-03-21
CLARK, Thomas Andrew Director 1990-12-17 2000-03-24
DEW, Richard Director 2020-12-09 2020-12-11
EVANS, William Wilson Director 1997-10-30 2000-03-24
HUGHES, Gerald John Director 2002-05-08 2014-03-21
HUGHES, Gerald John Director 1997-10-30 2000-06-20
HYND, Russell John Director 2000-03-17 2001-08-03
KIRKPATRICK, Ian Director 2000-03-17 2001-03-12
LUNDY, Robert Director 2000-06-20 2001-05-21
MILNE, Michael Director 2014-03-21 2023-05-19
NICOL, Mary Director 2014-03-21 2020-12-09
NICOL, Maurice James Director 2014-03-21 2020-12-09
NIXON, James Hendry Kelso Director 1995-09-28 1996-12-03
O'BRIEN, Paul Director 2024-01-26 2025-04-30
ROLASTON, Carl Geoffrey Director 2002-05-08 2013-08-27
SINCLAIR, William Lawrie Director 1999-11-11
SMITH, Michael Andrew Director 2001-03-12 2002-01-08
STEEL, Andrew Director 2020-12-09 2025-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dales Marine Services Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 195 total filings

Date Type Category Description
2026-01-05 TM01 officers Termination director company with name termination date PDF
2025-11-25 CS01 confirmation-statement Confirmation statement with updates PDF
2025-08-07 AA accounts Accounts with accounts type full
2025-05-20 TM01 officers Termination director company with name termination date PDF
2024-11-25 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-02 AA accounts Accounts with accounts type full PDF
2024-02-12 AP01 officers Appoint person director company with name date PDF
2024-02-12 AP01 officers Appoint person director company with name date PDF
2023-11-27 CS01 confirmation-statement Confirmation statement with updates PDF
2023-10-10 CH01 officers Change person director company with change date PDF
2023-10-10 CH01 officers Change person director company with change date PDF
2023-06-20 AA accounts Accounts with accounts type full
2023-05-30 TM01 officers Termination director company with name termination date PDF
2022-11-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-20 AA accounts Accounts with accounts type full
2022-04-27 CH01 officers Change person director company with change date PDF
2022-04-01 AP01 officers Appoint person director company with name date PDF
2021-11-26 CS01 confirmation-statement Confirmation statement with updates PDF
2021-11-22 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2021-08-17 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page