BALTIC EXCHANGE LIMITED(THE)
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2026-07-11 (in 2mo)
Last made up 2025-06-27
Watchouts
None on the register
Cash
£6M
-27.1% vs 2024
Net assets
£562K
+64.6% vs 2024
Employees
32
+3.2% vs 2024
Profit before tax
£379K
-75.3% vs 2024
Name history
Renamed 1 time since incorporation
- BALTIC EXCHANGE LIMITED(THE) 1982-04-14 → present
- BALTIC MERCANTILE AND SHIPPING EXCHANGE,LIMITED(THE) 1900-01-17 → 1982-04-14
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | £8,431,631 | £8,385,388 | |
| Operating profit | £1,146,798 | £173,444 | |
| Profit before tax | £1,537,788 | £379,203 | |
| Net profit | £1,060,494 | £220,715 | |
| Cash | £7,879,622 | £5,744,205 | |
| Total assets less current liabilities | £9,002,565 | £9,036,343 | |
| Net assets | £341,501 | £562,216 | |
| Equity | £341,501 | £562,216 | |
| Average employees | 31 | 32 | |
| Wages | £2,564,394 | £2,759,426 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 13.6% | 2.1% | |
| Net margin | 12.6% | 2.6% | |
| Return on capital employed | 12.7% | 1.9% | |
| Current ratio | 3.58x | 3.59x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors confirm the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the Company to continue as a going concern.”
Group structure
- BALTIC EXCHANGE LIMITED(THE) · parent
- Baltic Exchange Derivatives Trading Limited
- Baltic Exchange Information Services Limited
- The Baltic Exchange (Asia) Pte. Ltd.
Significant events
- “The Company continues to look for new products and sources of revenue to help expand and diversify its present offering. The Company continues to monitor the volatility in the global economy, including the conflicts in Eastern Europe and the Middle East, and sanctions in line with relevant regulation and government guidance. The Company is also assessing the potential effects it will have on its business, though this is currently seen as insignificant.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 91 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAN KANG TENG, Ivan | Director | 2025-04-24 | Apr 1978 | Singaporean |
| JACKSON, Mark Robert | Director | 2023-11-24 | Apr 1961 | British |
| MARTIN, Roderick Charles Kirk | Director | 2023-11-24 | Nov 1975 | British |
Show 91 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAIN, Duncan Whiteford Taylor | Secretary | 2006-08-01 | 2014-11-12 |
| BUCKLEY, James | Secretary | 1996-11-29 | 2000-07-19 |
| PAINTER, Douglas Arnold | Secretary | — | 1993-06-28 |
| SOUTTER, David John Mark | Secretary | 2000-07-19 | 2006-07-31 |
| WARRACK, Anne Victoria Mary | Secretary | 1993-06-28 | 1996-11-29 |
| WESTON, Clive | Secretary | 2014-11-12 | 2018-07-31 |
| ALBERTIJN, Stefan | Director | 2012-07-05 | 2016-11-08 |
| BACON, Catharine Margaret | Director | 2014-07-10 | 2016-11-08 |
| BACON, Catharine Margaret | Director | 1994-06-29 | 1997-07-16 |
| BALDEY, Stephen Charles | Director | 2005-07-13 | 2013-07-04 |
| BRADY, John | Director | — | 1995-05-13 |
| BROOK, Nigel Kenneth | Director | 1993-06-28 | 1996-06-28 |
| BROWN, James David Denholm | Director | — | 1995-06-28 |
| BROWN, Michael Thomas Richard | Director | 2003-07-10 | 2009-07-08 |
| BURGESS, Alan George | Director | — | 1999-07-14 |
| CAMPBELL, Guy Mcgregor | Director | 2009-07-08 | 2016-11-08 |
| CAROUSSIS, Constantine Issidoros | Director | 2001-07-11 | 2006-07-12 |
| CARROLL, Anthony Charles | Director | 2012-07-05 | 2016-11-08 |
| CHIN IN SAN, William | Director | 2023-11-24 | 2025-04-24 |
| CHNG, Lay Chew | Director | 2016-11-08 | 2020-09-30 |
| COOKE, Anthony Roderick Chichester Bancroft | Director | 1999-07-14 | 2007-07-11 |
| DEVONSHIRE, Jervis Edward John | Director | 1998-07-15 | 2004-07-13 |
| DRAGAZIS, Demetrius Constantine | Director | 2008-07-09 | 2015-07-09 |
| DRAYTON, Michael Kenneth | Director | 2000-07-12 | 2009-07-08 |
| DUNN, Duncan Lawrence | Director | 2009-07-08 | 2016-11-08 |
| EVANS, Stephen John | Director | 2002-07-12 | 2007-07-11 |
| FAFALIOS, Haralambos John | Director | 2015-07-09 | 2016-11-08 |
| FAFALIOS, Haralambos John | Director | 2006-07-12 | 2014-07-10 |
| FOWLE, Charles Arthur | Director | 2011-07-06 | 2013-10-22 |
| FRANCIS, Andrew John | Director | 2007-07-11 | 2013-07-04 |
| GOODALL, Betina Frolund | Director | 2014-07-10 | 2016-11-08 |
| GOODALL, Richard Herbert | Director | 2007-07-11 | 2011-07-06 |
| GOODALL, Richard Herbert | Director | 1999-07-14 | 2001-07-11 |
| GUTHRIE, Michael Graham | Director | 1996-06-28 | 2001-07-11 |
| HADJIPATERAS, John Marcos | Director | 2015-07-09 | 2016-11-08 |
| HAMMOND, Alan Alexander | Director | — | 1997-07-16 |
| HARPER, Alan Henry | Director | — | 1996-06-28 |
| HOITE, Allan | Director | 1996-06-28 | 1999-07-14 |
| ILIOU, Dimitri | Director | 2004-07-13 | 2007-07-11 |
| JACKSON, Mark Robert | Director | 2004-07-13 | 2012-07-05 |
| KERR DINEEN, Peter Brodrick | Director | 1998-07-15 | 2005-07-13 |
| KERR-DINEEN, Peter Brodrick | Director | 2014-07-01 | 2016-11-08 |
| KIBBLEWHITE, Terence George | Director | 1997-07-16 | 1999-07-14 |
| KITCHING, Peter Marshall | Director | 1995-06-28 | 2003-07-10 |
| KULUKUNDIS, Stathes John | Director | 1993-06-28 | 1999-07-14 |
| LAUDER, Ian David | Director | 2004-07-13 | 2009-07-08 |
| LEE, Beng Hong | Director | 2019-11-01 | 2023-11-25 |
| LIDDELL, Henry Grainger | Director | 2013-07-04 | 2016-11-08 |
| LOLLESGAARD, Jesper | Director | 2013-07-04 | 2016-11-08 |
| LOONG, Ng Yao | Director | 2020-09-30 | 2023-11-25 |
| LYKIARDOPOULOS, Nicholas James | Director | 1995-06-28 | 2000-07-12 |
| LYRAS, John Markos | Director | 1997-07-16 | 2003-07-10 |
| LYRAS, John Markos | Director | — | 1996-06-28 |
| MAVOR, James Roderick Iain | Director | 2001-07-11 | 2006-07-12 |
| MAVROLEON, Ernest Basil | Director | 1999-07-14 | 2004-07-13 |
| MAVROLEON, Ernest Basil | Director | 1995-06-28 | 1998-07-15 |
| MCCLURE, Michael Eugene | Director | 2002-07-12 | 2010-07-07 |
| MCCOY, Hugh O Neill | Director | 1992-06-25 | 2000-07-12 |
| MCGOVERN, Andrew John | Director | — | 1994-06-29 |
| MCNALLY, David Joseph | Director | 1994-06-29 | 2002-07-10 |
| MCNALLY, David Joseph | Director | — | 1993-06-28 |
| MOUSKAS, Zenon | Director | — | 1993-06-28 |
| NEWMAN, John Michael | Director | 1996-06-28 | 2001-07-11 |
| NOLAN, Colm Joseph | Director | 2010-07-07 | 2016-11-08 |
| OAKLEY, Alan Peter | Director | 2000-07-12 | 2005-07-13 |
| OAKLEY, Alan Peter | Director | 1993-06-28 | 1998-07-15 |
| OVER, Paul Charles | Director | 2006-07-12 | 2012-07-05 |
| PARISSIS, Gregory George | Director | 2003-07-10 | 2008-07-09 |
| PETROPOULOS, Denis Andreas | Director | 2002-07-12 | 2005-07-13 |
| POLEMIS-ALISAFAKIS, Anna Spyros | Director | 1998-07-15 | 2000-07-12 |
| RING, Anthony Howard | Director | 1992-06-25 | 1996-09-30 |
| ROBERTS, Albert Leonard | Director | 2001-07-11 | 2004-07-13 |
| ROBSON, William Michael | Director | 2008-07-09 | 2013-07-04 |
| ROBSON, William Michael | Director | 2003-07-10 | 2006-07-12 |
| SARSON, Adrian Mark Henry | Director | 1992-06-25 | 1995-06-28 |
| SHAWYER, Eric Francis | Director | — | 1998-07-15 |
| SOANES, Quentin Bruce | Director | 2005-07-13 | 2014-07-10 |
| SOUTHCOTT, Gordon John | Director | 1997-07-16 | 2002-07-10 |
| STOW, Richard Adrian Fenwick | Director | — | 1994-06-29 |
| SYN, Hsien-Min Michael | Director | 2016-11-08 | 2019-11-01 |
| TSATSAS, John | Director | 2013-07-04 | 2016-11-08 |
| TSATSAS, John | Director | 2007-07-11 | 2011-07-06 |
| TSATSAS, John | Director | 2001-02-15 | 2003-07-10 |
| TUDBALL, Megan Louise | Director | 1999-08-31 | 2000-12-13 |
| TUDBALL, Peter Colum | Director | — | 1994-06-29 |
| VARNAVIDES, Lambros Cleanthis | Director | 2009-07-08 | 2016-11-08 |
| WARWICK, James Walter Fitzgerald | Director | 2000-07-12 | 2002-07-10 |
| WARWICK, Peter John | Director | — | 1993-06-28 |
| WESTBROOK, Anthony John | Director | 2007-07-11 | 2015-07-09 |
| WILKINSON, Frederick Bertie | Director | 2005-07-13 | 2008-07-09 |
| WOOLDRIDGE, Adrian Royston | Director | 2011-07-06 | 2016-11-08 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 300 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-02 | AA | accounts | Accounts with accounts type full | |
| 2025-06-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-10 | AA | accounts | Accounts with accounts type full | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-16 | AAMD | accounts | Accounts amended with accounts type full | |
| 2024-01-19 | AA | accounts | Accounts with accounts type full | |
| 2024-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-08 | AA | accounts | Accounts with accounts type full | |
| 2022-11-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-04-07 | AA | accounts | Accounts with accounts type full | |
| 2022-01-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
-0.5%
£8,431,631 £8,385,388
-
Cash
-27.1%
£7,879,622 £5,744,205
-
Net assets
+64.6%
£341,501 £562,216
-
Employees
+3.2%
31 32
-
Operating profit
-84.9%
£1,146,798 £173,444
-
Profit before tax
-75.3%
£1,537,788 £379,203
-
Wages
+7.6%
£2,564,394 £2,759,426
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers