Marine Power Systems Ltd
06669123
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/04/2025
full
Next accounts due
31/01/2027
Confirmation statement
Last: 11/08/2025
Due 25/08/2026
Industry
Officers
director · Since 11/08/2008
COMPANY DIRECTOR
BRITISH · WALES · Age 52
Also on 2 other boards
secretary · Since 11/08/2008
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
director · Since 11/08/2008
COMPANY DIRECTOR
BRITISH · WALES · Age 44
Also on 1 other board
director · Since 26/02/2011
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 8 other boards
director · Since 23/10/2020
DIRECTOR
BRITISH · WALES · Age 57
Also on 5 other boards
Persons with Significant Control
Former PSCs
Mr Gareth Ian Stockman
Ceased 06/04/2016
Dr Graham David Foster
Ceased 06/04/2016
CompanyRankvs 4445+ SIC 32990 peers58
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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
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
Key FinancialsYear ending 30/04/2025
Net Worth
£40k
Balance sheet strength
Cash
£6.4M
Cash in the bank
Profit Before Tax
-£1.2M
Bottom line earnings
Net Current Assets
£7.8M
Working capital
Current Assets
£7.9M
Current Liabilities
£117k
Fixed Assets
£38k
Debtors
£1.5M
Admin Expenses
£3.6M
Profit After Tax
-£772k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 67.93 | +£1k |
| 2024 | 20.27 | +£1k |
| 2023 | 7.26 | +£0 |
| 2022 | 10.35 | +£2k |
| 2021 | 25.67 | +£2k |
| 2020 | 6.78 | +£199 |
| 2019 | 130.86 | — |
Derived from filed accounts. Not audited figures.