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Cash

£8.4M

-49.6% vs 2024

Net assets

£18M

+205.6% vs 2024

Employees

703

+6% vs 2024

Profit before tax

£8.1M

+17.5% vs 2024

Watchouts

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

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2024-03-302025-03-31 Δ vs prior
Turnover £146,517,000£162,831,000 +11.1%
Operating profit £8,561,000£9,258,000 +8.1%
Profit before tax £6,885,000£8,092,000 +17.5%
Net profit £5,453,000£3,740,000 -31.4%
Cash £16,747,000£8,434,000 -49.6%
Total assets less current liabilities -£16,606,000£17,530,000 +205.6%
Net assets -£16,606,000£17,530,000 +205.6%
Equity -£16,606,000£17,530,000 +205.6%
Average employees 663703 +6%
Wages £30,967,000£35,957,000 +16.1%
Directors' remuneration £452,000£1,441,000 +218.8%

Values shown as filed in the company's annual accounts. 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 2024-03-302025-03-31
Operating margin 5.8%5.7%
Net margin 3.7%2.3%
Return on capital employed 52.8%
Gearing (liabilities / total assets) 126.3%76.9%
Current ratio 0.66x0.90x
Interest cover 5.11x7.94x

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. CAMMELL LAIRD SHIPREPAIRERS & SHIPBUILDERS LIMITED 2008-11-17 → present
  2. NORTHWESTERN SHIPREPAIRERS AND SHIPBUILDERS LIMITED 2001-05-04 → 2008-11-17

Audit & accounting basis

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

“As referred to in note 3 to the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, with continued financial support from its parent company, and for this reason, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

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

People

6 active · 18 resigned

Name Role Appointed Born Nationality
CHARNOCK, Ian Graeme Lloyd Director 2020-07-22 Jul 1962 British
FISHER, Darren Mark Director 2023-12-13 Nov 1972 British
LITTLEDYKE, Graeme Thomas Director 2023-12-13 Apr 1970 British
MCGINLEY, David Thomas Director 2020-12-01 Aug 1955 British
UNDERWOOD, Steven Keith Director 2010-10-14 Mar 1974 British
WHITWORTH, Mark Director 2011-09-30 May 1966 British
Show 18 resigned officers
Name Role Appointed Resigned
SYVRET, Jean Raymond Secretary 2002-01-24 2020-12-01
SYVRET, Shirley Ann Secretary 2001-05-04 2002-01-24
PAGAN SECRETARIES LIMITED Corporate Secretary 2001-05-04 2001-05-04
ALLISON, Thomas Eardley Director 2020-07-22 2022-04-27
BARR, Alan Andrew Director 2008-07-29 2011-05-09
FINDLEY, Alastair Ian Director 2002-01-24 2005-12-31
GREEN, Alison Thomson Director 2001-05-04 2001-05-04
GREEN, David Simon Director 2006-06-01 2008-05-31
JONES, Peter Anthony Director 2002-01-29 2006-03-31
KENNEDY, John Director 2002-01-24 2020-12-01
MACKENZIE, Hamish Macphail Massie Director 2011-09-30 2022-03-08
MAJUMDAR, Budhadev Director 2006-06-01 2007-06-01
MORAN, Michael Joseph Director 2002-01-24 2020-12-01
SIMPSON, Andrew Christopher Director 2006-06-01 2009-10-09
SYVRET, John Raymond Director 2001-05-04 2020-12-01
SYVRET, Shirley Ann Director 2001-05-04 2002-01-24
TAYLOR, Frank William Director 2002-01-29 2003-11-30
WILLIAMS, Thomas John Director 2001-10-02 2002-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Apcl Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-02-06 Active
Mr John Whittaker Individual Shares 75–100% (as trust), Voting 75–100% (as trust), Appoints directors (as trust) 2020-07-23 Ceased 2025-02-06
Mr Christopher Eves Individual Shares 75–100%, Voting 75–100%, Appoints directors 2020-07-23 Ceased 2025-02-06
Mrs Sheila Greenwood Individual Shares 75–100%, Voting 75–100%, Appoints directors 2020-07-23 Ceased 2025-02-06
Mr John Raymond Syvret Individual Significant influence 2016-04-06 Ceased 2020-12-01
Peel Port Investments Limited Corporate entity Shares 50–75%, Voting 50–75% 2016-04-06 Ceased 2020-07-23

Filing timeline

Last 20 of 155 total filings

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

  • 2025-02-18 RESOLUTIONS Resolution
  • 2025-02-18 MA Memorandum articles
Date Type Category Description
2025-12-16 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-11-17 AA accounts Accounts with accounts type full
2025-07-05 CS01 confirmation-statement Confirmation statement with updates PDF
2025-02-18 SH08 capital Capital name of class of shares
2025-02-18 SH08 capital Capital name of class of shares
2025-02-18 RESOLUTIONS resolution Resolution
2025-02-18 MA incorporation Memorandum articles
2025-02-18 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-02-18 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-02-18 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-02-18 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-11-26 MR04 mortgage Mortgage satisfy charge full PDF
2024-08-19 AA accounts Accounts with accounts type group
2024-06-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-23 AA accounts Accounts with accounts type group
2024-01-08 AP01 officers Appoint person director company with name date PDF
2024-01-08 AP01 officers Appoint person director company with name date PDF
2023-09-05 CH01 officers Change person director company with change date PDF
2023-09-05 CH01 officers Change person director company with change date PDF
2023-09-05 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
2

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