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Cash

£476K

EUR 550,182

+44.7% vs 2024

Net assets

£7.2M

EUR 8,323,365

+2.9% vs 2024

Employees

1

0% vs 2024

Profit before tax

Period ending 2025-12-31

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover
Operating profit
Profit before tax
Net profit
Cash £328,969£476,018 +44.7%
Total assets less current liabilities £7,765,000£7,201,389 -7.3%
Net assets £7,001,101£7,201,389 +2.9%
Equity £7,001,101£7,201,389 +2.9%
Average employees 11 0%
Wages
Directors' remuneration

Figures converted to GBP from EUR at 0.865 per EUR (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

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

Ratio Trend 2024-12-312025-12-31
Current ratio 1.79x0.81x

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. BAS MARINE LIMITED 2023-03-16 → present
  2. DESS AQUA (UK) LIMITED 2018-10-15 → 2023-03-16

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Dickson Middleton
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have also considered the impact of current worldwide events on the business and are satisfied that the company has sufficient cash reserves and support from funders to meet all financial obligations for the foreseeable future.”

Significant events

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

People

4 active · 3 resigned

Name Role Appointed Born Nationality
LC SECRETARIES LIMITED Corporate Secretary 2018-10-15
ARMANNSSON, Bjarni Director 2022-04-27 Mar 1968 Icelandic
CRAWFORD, Andrew George Director 2020-11-30 Aug 1983 British
GRØTTERUD, Kai Director 2022-04-27 May 1958 Norwegian
Show 3 resigned officers
Name Role Appointed Resigned
COOK, Robbie David Director 2020-04-01 2020-11-30
DALE, Graham Alexander Director 2018-10-15 2020-04-01
GUMMEDAL, Jon Are Director 2018-10-15 2022-04-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Bjarni Armannsson Individual Shares 25–50%, Voting 25–50% 2022-09-28 Active
Solvtrans As Corporate entity Shares 75–100%, Voting 75–100% 2021-09-04 Ceased 2022-04-08
Dess Aquaculture Shipping As Corporate entity Shares 75–100%, Voting 75–100% 2018-10-15 Ceased 2021-09-04

Filing timeline

Last 20 of 91 total filings

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

  • 2023-03-16 CERTNM Certificate change of name company PDF
  • 2022-07-08 MA Memorandum articles
  • 2022-07-08 RESOLUTIONS Resolution
Date Type Category Description
2026-05-05 AA accounts Accounts with accounts type full
2025-10-14 CS01 confirmation-statement Confirmation statement with updates PDF
2025-08-14 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-08-14 CH01 officers Change person director company with change date PDF
2025-06-23 AA accounts Accounts with accounts type small
2024-10-30 CS01 confirmation-statement Confirmation statement with updates PDF
2024-04-25 AA accounts Accounts with accounts type small
2023-10-16 CS01 confirmation-statement Confirmation statement with updates PDF
2023-05-23 AA accounts Accounts with accounts type small
2023-03-16 CERTNM change-of-name Certificate change of name company PDF
2022-10-20 CS01 confirmation-statement Confirmation statement with updates PDF
2022-10-18 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2022-10-18 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2022-10-05 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2022-10-05 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-08-03 AP01 officers Appoint person director company with name date PDF
2022-08-03 AP01 officers Appoint person director company with name date PDF
2022-07-20 TM01 officers Termination director company with name termination date PDF
2022-07-08 MA incorporation Memorandum articles
2022-07-08 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

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