GEOQUIP MARINE SERVICES P.L.C.
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Cash
£7.4m
+13,772.2% highest in 6 filed years
Net assets
£2.3m
+96.7% highest in 6 filed years
Employees
147
+27.8% highest in 6 filed years
Profit before tax
£1.5m
+136.7% highest in 4 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £5,466,613 | £8,222,998 | £11,793,170 | £13,327,491 | +13% | |
| Operating profit | — | — | £345,614 | £391,672 | £927,330 | -£250,932 | -127.1% | |
| Profit before tax | — | — | £345,614 | £391,572 | £652,382 | £1,544,184 | +136.7% | |
| Net profit | — | — | — | — | £487,382 | £1,081,572 | +121.9% | |
| Cash | £1,518 | £8,283 | £32,864 | £203,767 | £53,242 | £7,385,826 | +13,772.2% | |
| Total assets less current liabilities | £48,940 | £130,149 | £390,464 | £682,036 | £1,169,418 | £88,350,612 | +7,455.1% | |
| Net assets | £48,940 | £130,149 | £390,464 | £682,036 | £1,169,418 | £2,299,990 | +96.7% | |
| Equity | £48,940 | £130,149 | £390,464 | £682,036 | £1,169,418 | £2,299,990 | +96.7% | |
| Average employees | 26 | 58 | 70 | 87 | 115 | 147 | +27.8% | |
| Wages | — | — | — | — | £6,121,468 | £7,397,825 | +20.9% | |
| Directors' remuneration | — | — | — | — | £733,906 | £242,864 | -66.9% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 6.3% | 4.8% | 7.9% | -1.9% | |
| Net margin | — | — | — | — | 4.1% | 8.1% | |
| Return on capital employed | — | — | 88.5% | 57.4% | 79.3% | -0.3% | |
| Gearing (liabilities / total assets) | — | — | — | — | 73.8% | 97.7% | |
| Current ratio | — | — | — | — | 0.87x | 8.32x | |
| Interest cover | — | — | — | — | 3.37x | -0.06x |
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
- GEOQUIP MARINE SERVICES P.L.C. 2025-07-17 → present
- GEOQUIP MARINE SERVICES LTD 2025-07-17 → 2025-07-17
- GQM SERVICES LTD 2018-10-02 → 2025-07-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Directors have no reason to believe a material uncertainty exists regarding going concern. The Company received a letter of comfort from its parent undertaking, valid until 30 June 2027, confirming intention to provide financial support if required to meet obligations. Accounts prepared on the going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SAGGAR, Suraj | Secretary | 2026-07-11 | — | — |
| HIGGINSON, Stewart Edward Murray, Mr. | Director | 2024-11-07 | Apr 1981 | British |
| HODDER, Ian Charles, Mr. | Director | 2023-03-22 | Nov 1970 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUNTER, David | Secretary | 2025-06-11 | 2026-07-10 |
| DESCHUYTER, Johan Eugene Jules | Director | 2018-10-02 | 2018-10-30 |
| HIGGINSON, Stewart Edward Murray | Director | 2018-10-02 | 2023-03-22 |
| MILLER, Simon James, Mr. | Director | 2022-03-04 | 2022-12-01 |
| SULLIVAN, Robert John, Mr. | Director | 2021-08-25 | 2022-03-04 |
| TURNER, Richard John | Director | 2022-12-01 | 2024-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Njord Partners Sma-Seal Gp Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-10-02 | Active |
| Njord Partners Llp | Corporate entity | Significant influence | 2018-10-02 | Active |
Filing timeline
Last 20 of 59 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-17 RESOLUTIONS Resolution
- 2025-07-17 RR01 Reregistration private to public company
- 2025-07-17 CERT7 Certificate change of name re registration private to public limited company
- 2025-07-17 CERTNM Certificate change of name company
- 2025-07-17 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-07-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-07-08 | AA | accounts | Accounts with accounts type full | |
| 2025-12-03 | AD03 | address | Move registers to sail company with new address | |
| 2025-12-03 | AD02 | address | Change sail address company with new address | |
| 2025-09-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-22 | AA | accounts | Accounts with accounts type small | |
| 2025-07-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-17 | MAR | incorporation | Re registration memorandum articles | |
| 2025-07-17 | RR01 | change-of-name | Reregistration private to public company | |
| 2025-07-17 | CERT7 | change-of-name | Certificate change of name re registration private to public limited company | |
| 2025-07-17 | AUDR | auditors | Auditors report | |
| 2025-07-17 | AUDS | auditors | Auditors statement | |
| 2025-07-17 | BS | accounts | Accounts balance sheet | |
| 2025-07-17 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-07-17 | CONNOT | change-of-name | Change of name notice | |
| 2025-07-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-20 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 1
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.