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Next accounts due

2027-01-31 (in 8mo)

Last filed for 2025-04-30

Confirmation statement due

2026-06-27 (in 1mo)

Last made up 2025-06-13

Watchouts

1 item

Cash

£3M

-1.5% vs 2024

Net assets

£17M

+4.9% vs 2024

Employees

53

+17.8% vs 2024

Profit before tax

£2M

-53.1% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · latest reflected 2025-04-30

Metric Trend 2023-05-012024-04-302025-04-30
Turnover £21,781,841£21,588,761
Operating profit £6,704,145£4,492,871
Profit before tax £3,882,499£1,819,687
Net profit £2,851,415£798,436
Cash £3,066,442£3,019,066
Total assets less current liabilities £23,233,105£34,284,198
Net assets £16,407,627£17,206,063
Equity £13,556,212£16,407,627£17,206,063
Average employees 4553
Wages £2,843,921£3,516,827
Directors' remuneration £80,442£116,074

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

FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30

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 2023-05-012024-04-302025-04-30
Operating margin 30.8%20.8%
Net margin 13.1%3.7%
Return on capital employed 28.9%13.1%
Gearing (liabilities / total assets) 38.7%60.0%
Current ratio 2.73x1.06x
Interest cover 4795.53x28.39x

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

  1. FIRST MARINE SOLUTIONS LIMITED 2009-07-17 → present
  2. PLACE D'OR 683 LIMITED 2009-07-14 → 2009-07-17

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
AAB Audit & Accountancy Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors, having made due and careful enquiry, are of the opinion that the Company has adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

  1. FIRST MARINE SOLUTIONS LIMITED · parent
    1. Andrews Hydrographics Limited 100% · United Kingdom
    2. Andrews Hydrographics (Holding Company) Limited 100% · United Kingdom
    3. First Marine Products Limited 90% · Scotland

Significant events

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

People

2 active · 6 resigned

Name Role Appointed Born Nationality
BROWN, Steven Michael Director 2019-01-01 Jun 1988 British
SUTTIE, Martin Ian Director 2021-12-16 Jun 1978 British
Show 6 resigned officers
Name Role Appointed Resigned
GRANT, Stephen Secretary 2009-07-14 2010-10-29
OGG, Richard James Secretary 2011-07-11 2012-07-06
PETERKINS, SOLICITORS Corporate Secretary 2008-07-22 2009-07-15
MOUTREY, Daniel Director 2009-07-14 2014-08-07
RENNIE, Thomas George Director 2008-07-22 2009-07-15
SUTTIE, Ian Alexander, Mr. Director 2009-07-14 2025-10-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
First Tech Limited Corporate entity Shares 75–100% 2025-10-04 Active
Mr Ian Suttie Individual Significant influence 2016-07-22 Ceased 2025-10-04

Filing timeline

Last 20 of 68 total filings

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

  • 2025-10-20 RESOLUTIONS Resolution
  • 2025-10-16 MA Memorandum articles
Date Type Category Description
2026-01-21 AA accounts Accounts with accounts type full PDF
2025-12-16 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-16 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-11-18 TM01 officers Termination director company with name termination date PDF
2025-10-23 SH01 capital Capital allotment shares PDF
2025-10-23 SH10 capital Capital variation of rights attached to shares
2025-10-23 SH08 capital Capital name of class of shares
2025-10-23 SH02 capital Capital alter shares subdivision
2025-10-20 RESOLUTIONS resolution Resolution
2025-10-16 MA incorporation Memorandum articles
2025-06-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-23 AA accounts Accounts with accounts type full
2024-06-18 CS01 confirmation-statement Confirmation statement with updates PDF
2024-02-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-03 AA accounts Accounts with accounts type small
2023-03-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-25 AA accounts Accounts with accounts type small
2022-03-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-25 AA accounts Accounts with accounts type small
2021-12-16 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
11

last 12 months

Capital events
4

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