UK Companies House feature
BIBBY MARINE LIMITED
Cash
—
Latest balance sheet
Net assets
-£3M
+2.5% vs 2020
Employees
—
Average over period
Profit before tax
—
Period ending 2021-12-31
Profile
- Company number
- 00020535
- Status
- Active
- Incorporation
- 1884-12-08
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 50200
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | -£32,333 | -£81,181 | |
| Cash | — | — | — | |
| Total assets less current liabilities | — | -£3,297,000 | -£3,215,000 | |
| Net assets | — | — | — | |
| Equity | -£3,265,000 | -£3,297,000 | -£3,215,000 | |
| Average employees | — | — | — | |
| Wages | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above approach, the directors have formed the judgement at the time of approving the financial statements, that the Company and the Group have adequate resources to continue in operational existence for the foreseeable future of 12 months from the signing date of these accounts. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Subsidiaries
- Bibby Maritime Limited · 100% held · UK · ownership and operation of a floating accommodation vessel
- Bibby Bergen Limited · 100% held · UK · ownership and operation of a floating accommodation vessel
- Bibby Progress Limited · 100% held · UK · ownership and operation of a floating accommodation vessel
- Bibby Challenge Limited · 100% held · UK · ownership and operation of a floating accommodation vessel
- Bibby Stockholm Limited · 100% held · UK · ownership and operation of a floating accommodation vessel
- Bibby Wavemaster 1 Limited · 100% held · UK · ownership and operation of service operation vessels (SOVs)
- Bibby Wavemaster 2 Limited · 100% held · UK · ownership and operation of service operation vessels (SOVs)
- Bibby Wavemaster 3 Limited · 100% held · UK · ownership and operation of service operation vessels (SOVs)
- Bibby Marine Services Limited · 100% held · UK · ownership and operation of service operation vessels (SOVs)
- Bibby Marine Management Limited · 100% held · UK · provision of marine management services
- Bibby Marine Survey Services Limited · 100% held · UK · dormant company
- Bibby Maritime Nigeria Limited · 100% held · UK · dormant company
- Bibby Pioneer Limited · 100% held · UK · ownership and operation of a floating accommodation vessel
Significant events
- “During 2024, the Group received the first instalment of the grant from the Department of Transport to support the development of an electric Commissioning Service Operation Vessel (eCSOV). Alongside this, the financing for the eCSOV was secured and the contract with the shipyard for the eCSOV's construction entered into.”
- “In late 2024 one of the barges sustained wave damage when transiting to dry dock, we have provided in full for costs associated with this damage and the expected insurance recoverable.”
- “In September 2023, we were delighted to win the ZEVI (Zero Emissions and Vessel Infrastructure) competition and to have been awarded a £19.4m grant from Innovate UK and the Department of Transport. This grant award contributes to the cost of the build of the industry's first zero-emission vessel. We finalised the design and specification of the vessel, secured financing and signed the shipbuilding contract in 2024, and the first steel was cut in January 2025. The vessel is forecast for delivery in 2027.”
- “The ship building contract entered into on 16 December 2024 is an agreement between a Bibby WaveMaster 3 Limited, Group subsidiary company (SPV) and the above shipyard. The tax lease structure is established so that the SPV sells the newbuild vessel to the Spanish Tax Lease structure at delivery of the vessel.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIBBY BROS. & CO. (MANAGEMENT) LIMITED | Corporate Secretary | — | — | — |
| BIBBY, Geoffrey Frank Harold, Mr. | Director | 2021-01-01 | Feb 1965 | British |
| GILMAN, Nicholas Charles | Director | 2023-11-06 | Dec 1967 | British |
| LEWIS, Jonathan Gareth | Director | 2019-09-01 | Jun 1973 | British |
| QUINN, Nigel Colin Patrick | Director | 2020-10-30 | Apr 1971 | British,Irish |
| WOODCOCK, Howard Dennis | Director | 2023-03-16 | May 1965 | British |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARNES, Arthur Rennie | Director | — | 1993-08-16 |
| BATRA, Gaurav | Director | 2013-03-06 | 2014-12-31 |
| BIBBY, Michael James | Director | 2021-01-01 | 2025-01-20 |
| BIBBY, Michael James | Director | 2012-03-06 | 2018-05-08 |
| BIBBY, Michael James, Sir | Director | — | 2003-02-24 |
| BLAIKIE, Stephen | Director | 2008-01-01 | 2017-09-30 |
| BOLTON, Stephen Henry | Director | 2017-09-30 | 2021-07-09 |
| BROWN, Michael Peter | Director | 2016-10-10 | 2018-01-31 |
| COLLINS, Gary James | Director | 2019-07-01 | 2020-04-03 |
| CRESSWELL, John Harold | Director | 2018-05-08 | 2020-12-31 |
| CROOK, Ian Kenneth | Director | 2017-11-07 | 2020-01-31 |
| GOLDING, Sean Thomas, Mr. | Director | 2006-01-01 | 2017-11-07 |
| GOODY, Andrew John | Director | 2022-06-01 | 2023-11-01 |
| GREEN, Cyril Joseph | Director | 2004-11-01 | 2010-10-15 |
| HAYMER, Jonathan | Director | 2012-03-06 | 2016-09-14 |
| HAYMER, Jonathan | Director | 1994-01-17 | 2002-07-01 |
| HOGARTH, John Stewart Whewell | Director | — | 2003-07-01 |
| HOWARD, Martyn Philip | Director | 2008-01-01 | 2012-03-06 |
| HUGHES, Barry Anthony | Director | 2008-10-29 | 2012-03-06 |
| HUGHES, John Howard | Director | 2002-11-01 | 2024-07-31 |
| KENT, Martin Cranston | Director | 2008-01-01 | 2012-03-06 |
| KITCHEN, Simon Jeremy, Mr. | Director | 2012-03-06 | 2020-05-08 |
| KITCHEN, Simon Jeremy | Director | 2005-01-24 | 2008-01-01 |
| LYONS, Mark Joseph | Director | 2018-09-05 | 2019-09-01 |
| MATHISON, Ian | Director | 2008-09-01 | 2012-03-06 |
| MCLEAY, Ian Andrew | Director | 2014-08-26 | 2017-03-31 |
| OSBORNE, Jonathan | Director | 2001-12-01 | 2019-03-31 |
| PREECE, Mark Alfred | Director | 2003-02-24 | 2004-01-31 |
| QUINN, Nigel Colin Patrick | Director | 2017-03-01 | 2019-01-31 |
| SAMUELS, Helen Julia | Director | 2020-01-31 | 2020-10-30 |
| SHERRARD, Simon Patrick | Director | — | 1999-12-31 |
| STERRETT, David John | Director | — | 1993-02-16 |
| WOODCOCK, Howard Dennis | Director | 2003-07-01 | 2008-01-01 |
| WORDEN, Susan Erica Ann | Director | 2020-04-21 | 2022-05-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bibby Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 248 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-17 | AA | accounts | accounts with accounts type group |
| 2025-05-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-01-23 | TM01 | officers | termination director company with name termination date |
| 2024-09-24 | AA | accounts | accounts with accounts type group |
| 2024-07-31 | TM01 | officers | termination director company with name termination date |
| 2024-05-21 | CH01 | officers | change person director company with change date |
| 2024-05-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-11-10 | AP01 | officers | appoint person director company with name date |
| 2023-11-01 | TM01 | officers | termination director company with name termination date |
| 2023-08-16 | AA | accounts | accounts with accounts type group |
| 2023-05-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-16 | AP01 | officers | appoint person director company with name date |
| 2022-11-10 | AAMD | accounts | accounts amended with accounts type group |
| 2022-09-01 | AA | accounts | accounts with accounts type group |
| 2022-06-01 | TM01 | officers | termination director company with name termination date |
| 2022-06-01 | AP01 | officers | appoint person director company with name date |
| 2022-05-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-10-01 | AA | accounts | accounts with accounts type group |
| 2021-07-12 | TM01 | officers | termination director company with name termination date |
| 2021-05-14 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires total assets, retained earnings proxy, EBIT (operating profit / PBT), book equity — not present in the latest extracted accounts.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.