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Tidewater Marine Uk Ltd

02541716

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O HUNTERS LAW LLP 9 NEW SQUARE, LONDON, WC2A 3QN
Incorporated 21/09/1990

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/09/2025

Due 05/10/2026

On track

Industry

50200
Sea and coastal freight water transport

Officers

Ewan Mcintosh Geddes

secretary · Since 19/12/2005

British

Ewan Mcintosh Geddes

director · Since 31/12/2007

British

Quintin Venable Kneen

director · Since 18/06/2015

American

Steven Ronald Wilson

director · Since 08/07/2015

British

Former

Kevin Dale Mitchell

secretary · Resigned 14/05/2004

Frank Richard Pierce

secretary · Resigned 08/04/1999

Riverside Securities Limited

corporate secretary · Resigned 31/12/2007

David Joseph Butters

director · Resigned 13/07/2001

David William Dare

director · Resigned 30/12/2007

Perry Kennedy

director · Resigned 08/07/2015

David Douglas Ernest Kenwright

director · Resigned 30/10/2007

John Eugene Leech

director · Resigned 30/11/2012

Bruce Allen Streeter

director · Resigned 04/06/2013

David Alan Wilson

director · Resigned 31/12/2017

David Alan Wilson

director · Resigned 12/01/2016

CompanyRankvs 4740+ SIC 50200 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

£83.2M

Balance sheet strength

Cash

£4.1M

Cash in the bank

Profit Before Tax

£16.4M

Bottom line earnings

Net Current Assets

-£14.4M

Working capital

Current Assets

£132.6M

Current Liabilities

£147.0M

Fixed Assets

£98.5M

Debtors

£126.2M

Profit After Tax

-£12.1M

29avg. employees

Tax at Year End

Corp tax£1.7M

People Costs

Wages & salaries£3.2M
NI contributions£402k

Balance Sheet

Assets less current liabilities£84.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90+£15.1M
20230.95

Derived from filed accounts. Not audited figures.