SEAPEAK MARITIME (GLASGOW) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-07 (in 1y)
Last made up 2026-04-23
Watchouts
Cash
£806K
-19.5% vs 2023
Net assets
£9M
+10.8% vs 2023
Employees
116
+0.9% vs 2023
Profit before tax
£1M
+51% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £14,806,393 | £15,647,704 | |
| Operating profit | £784,176 | £1,199,193 | |
| Profit before tax | £839,332 | £1,267,234 | |
| Net profit | £656,437 | £891,186 | |
| Cash | £1,002,121 | £806,383 | |
| Total assets less current liabilities | — | — | |
| Net assets | £8,283,386 | £9,174,572 | |
| Equity | £8,283,386 | £9,174,572 | |
| Average employees | 115 | 116 | |
| Wages | £7,806,332 | £8,432,771 | |
| Directors' remuneration | £509,812 | £552,305 |
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
-
Turnover
+5.7%
£14,806,393 £15,647,704
-
Cash
-19.5%
£1,002,121 £806,383
-
Net assets
+10.8%
£8,283,386 £9,174,572
-
Employees
+0.9%
115 116
-
Operating profit
+52.9%
£784,176 £1,199,193
-
Profit before tax
+51%
£839,332 £1,267,234
-
Wages
+8%
£7,806,332 £8,432,771
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 5.3% | 7.7% | |
| Net margin | 4.4% | 5.7% | |
| Current ratio | 5.24x | 3.35x | |
| Interest cover | 117.96x | 174.35x |
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
- SEAPEAK MARITIME (GLASGOW) LIMITED 2022-05-12 → present
- TEEKAY SHIPPING (GLASGOW) LIMITED 1998-04-27 → 2022-05-12
- M M & S (2460) LIMITED 1998-04-14 → 1998-04-27
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have decided at the time of approving the financial statements that there is a reasonable expectation that the Company has adequate resources to continue in operation for the future. The Company's trading and cash flows forecasts shows that it should be able to operate within its existing cash resources. For this reason, the directors continue to prepare the financial statements on a going concern basis.”
Significant events
- “There are no subsequent events impacting the financial statements of the Company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHRISTOPHER MCDADE | Corporate Secretary | 2024-04-30 | — | — |
| GATI, Anne-Catherine | Director | 2022-01-07 | Sep 1967 | Swiss |
| MCDADE, Christopher George | Director | 2020-05-14 | Dec 1980 | British |
| SMALL, Jennifer Helen, Ms. | Director | 2022-07-05 | Apr 1985 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DENTONS SECRETARIES LIMITED | Corporate Secretary | 2020-04-23 | 2021-05-31 |
| MACLAY MURRAY & SPENS LLP | Corporate Nominee Secretary | 2007-10-09 | 2020-04-23 |
| MACLAY MURRAY & SPENS LLP | Corporate Nominee Secretary | 1998-04-14 | 2007-10-09 |
| VISTRA COSEC LIMITED | Corporate Secretary | 2021-05-31 | 2024-04-30 |
| ADAMS, John | Director | 1998-04-20 | 2019-03-28 |
| BENSLER, Arthur James | Director | 2003-07-01 | 2022-01-07 |
| COADY, Arthur | Director | 1998-04-20 | 2003-07-01 |
| RELF, Iain | Director | 2019-03-28 | 2020-05-14 |
| VINDEX LIMITED | Corporate Nominee Director | 1998-04-14 | 1998-04-20 |
| VINDEX SERVICES LIMITED | Corporate Nominee Director | 1998-04-14 | 1998-04-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr. Hajir Naghdy | Individual | Voting 75–100% | 2025-10-21 | Ceased 2025-10-21 |
| Mr Michael Brian Dorrell | Individual | Significant influence | 2023-06-14 | Ceased 2025-10-21 |
| Mr Michael Brian Dorrell | Individual | Voting 75–100% | 2023-06-14 | Active |
| Seapeak Llc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-02-25 | Ceased 2023-06-14 |
| Teekay Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-02-25 |
Filing timeline
Last 20 of 112 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-21 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-21 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-05-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-09 | AA | accounts | Accounts with accounts type full | |
| 2024-05-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-06 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-05-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-30 | AA | accounts | Accounts with accounts type full | |
| 2023-08-22 | CH01 | officers | Change person director company with change date | |
| 2023-06-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-06-14 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-16 | CH01 | officers | Change person director company with change date | |
| 2023-05-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-13 | CH01 | officers | Change person director company with change date | |
| 2023-01-12 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.