Marine Rescue Technologies Limited
04202403
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 05/12/2025
Due 19/12/2026
Industry
Officers
director · Since 01/11/2022
CEO
BRITISH · UNITED KINGDOM · Age 48
Also on 15 other boards
director · Since 31/07/2025
PARTNER & GENERAL COUNSEL OF ALBION RIVE
AMERICAN · UNITED STATES · Age 46
Also on 14 other boards
Persons with Significant Control
Harlen Management Ltd
Marshall House, Zarya Court, Beverley, HU17 0JG
Reg: 13057427 · Companies House · Company Limited By Shares
Notified 01/01/2021
Charges4 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
KROLL TRUSTEE SERVICES LIMITED AS THE COLLATERAL AGENT
KROLL TRUSTEE SERVICES LIMITED AS THE COLLATERAL AGENT
KROLL TRUSTEE SERVICES LIMITED AS SECURITY TRUSTEE
NPIF TVC DEBT LP ACTING BY TVC LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF TVC DEBT L
RBS INVOICE FINANCE LTD
NATIONAL WESTMINSTER BANK PLC
THE PARTNERSHIP INVESTMENT SMALL LOANS FUND L.P.
LLOYDS TSB BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
BIBBY FACTORS NORTHWEST LTD
CompanyRankvs 4823+ SIC 32990 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/12/2022
Turnover
£2.3M
Annual revenue
Net Worth
£506k
Balance sheet strength
Cash
£1.4M
Cash in the bank
Profit Before Tax
£482k
Bottom line earnings
Net Current Assets
-£523k
Working capital
Current Assets
£2.1M
Current Liabilities
£2.7M
Fixed Assets
£1.2M
Debtors
£337k
Cost of Sales
£803k
Gross Profit
£1.5M
Admin Expenses
£925k
Operating Profit
£541k
Tax at Year End(2018)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.80 | -£804k |
| 2021 | 3.41 | +£48k |
| 2020 | 5.75 | -£2.1M |
| 2019 | 5.25 | +£810k |
| 2018 | 3.21 | — |
Derived from filed accounts. Not audited figures.