TALL SHIPS YOUTH TRUST
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2026-11-14 (in 6mo)
Last made up 2025-10-31
Watchouts
Cash
£149K
-22.7% vs 2024
Net assets
£1M
-12.7% vs 2024
Employees
21
+16.7% vs 2024
Profit before tax
—
Period ending 2025-02-28
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern.
Name history
Renamed 1 time since incorporation
- TALL SHIPS YOUTH TRUST 2003-08-15 → present
- SAIL TRAINING ASSOCIATION(THE) 1956-06-12 → 2003-08-15
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £45,509 | -£155,398 | |
| Cash | £192,739 | £148,942 | |
| Total assets less current liabilities | £1,540,240 | £1,294,182 | |
| Net assets | £1,260,055 | £1,099,552 | |
| Equity | £1,260,055 | £1,099,552 | |
| Average employees | 18 | 21 | |
| Wages | £691,201 | £779,246 |
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 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 38.2% | 42.2% | |
| Current ratio | 0.59x | 0.49x |
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 102
- Reporting scope
- Consolidated group
- Auditor
- Moore (South) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“material uncertainty exists that may cast significant doubt on the group's ability to continue as a going concern.”
Group structure
- TALL SHIPS YOUTH TRUST · parent
- Tall Ships Limited 100%
Significant events
- “secured funding for our fifth Challenger, have positive indications of funding for a sixth vessel and are launching our campaign to refit the entire fleet from 2026.”
- “received confirmation of a significant donation of £lm over three years from Sandra Dennis and her family, through her father's charitable foundation.”
- “Challenger 5 joining our fleet later in 2025.”
- “Challenger 2 was taken out of active operations due to an incident in the Solent, returning to the programme approximately seven weeks later. All voyages during this period were successfully reallocated across the fleet or postponed to a later date.”
- “In October 2025, the charity acquired a Challenger vessel at a nominal cost. As part of this acquisition, the charity has assumed responsibility for an existing loan and a contribution towards closure costs totalling £197,000. The charity also expects to incur long-term refit costs in the region of £200,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 83 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SADLER, Clare Marie | Secretary | 2026-02-05 | — | — |
| AISHER, David Owen | Director | 2019-12-02 | Dec 1951 | British |
| ANDREWS, Nicholas James | Director | 2018-11-27 | Mar 1963 | British |
| BRADSHAW, Emma Louise | Director | 2020-12-18 | Sep 1968 | British |
| BROWN, Julian James | Director | 2021-12-17 | Jan 1965 | British |
| D'ORNANO, Philippe | Director | 2018-11-27 | Oct 1963 | French |
| EDWARDS, Simon | Director | 2018-11-27 | Oct 1955 | British |
| LAYNG, Martin | Director | 2023-12-08 | May 1988 | British |
| MARTYN, Andrew James | Director | 2021-12-17 | Jan 1964 | British |
| RUSHDIE, Zafar | Director | 2024-11-20 | Jun 1979 | British |
Show 83 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DONALD, Bruce Henry | Secretary | — | 1993-03-29 |
| ROBINSON, Keith Marshall | Secretary | 1993-09-07 | 2002-06-26 |
| TAYLOR, Paul Stephen | Secretary | 2010-03-18 | 2026-01-30 |
| BLAKELAW SECRETARIES LIMITED | Corporate Secretary | 2002-06-26 | 2010-02-16 |
| AIKEN, Michael Patrick | Director | 2015-06-09 | 2019-03-24 |
| ALKEN, Michael Patrick | Director | 2006-03-21 | 2009-12-22 |
| ALLEN, Timothy Peter | Director | 2003-04-08 | 2012-02-29 |
| ALLEN, Timothy Peter | Director | 2002-03-20 | 2002-09-27 |
| BIELAK, Janka | Director | — | 2001-12-07 |
| BLACKMORE, Courtemry Thomas Gardner | Director | — | 1992-05-25 |
| BONHAM-CARTER, Peter Malcolm | Director | — | 1993-11-03 |
| BROUGHTON, Michael | Director | 2007-05-15 | 2019-03-04 |
| BURNHAM, William Edward Harry, Lt Col The Lord | Director | — | 1993-06-18 |
| CARRUTHERS, Ian Alistair | Director | 2002-03-20 | 2008-07-08 |
| COLEMAN, Peter | Director | 2007-03-13 | 2017-06-30 |
| COOPER, George Richard, Commodore | Director | 1994-10-06 | 2000-09-25 |
| CORMIE, William Dawson | Director | 2007-06-27 | 2014-09-08 |
| COWDEROY, James Anthony Frank | Director | 2002-05-02 | 2006-03-21 |
| CREEK, Peter | Director | — | 1998-01-31 |
| DARBYSHIRE, David Stewart | Director | 2001-05-02 | 2007-07-02 |
| DIXON, Michael Rydal | Director | 2004-07-03 | 2010-01-09 |
| DOUGLAS, Jack C | Director | — | 2000-09-25 |
| DUCHESNE, Peter Robin | Director | — | 2000-04-14 |
| DURBAN, Donald Desmond | Director | — | 1992-11-09 |
| EVANS, Brian Major | Director | — | 1999-09-21 |
| EVANS, Robert Jonathan | Director | 2010-10-05 | 2020-10-10 |
| FAIRCLOUGH, Ian Walter | Director | — | 2000-09-25 |
| FAIREY, Judith Anne | Director | — | 1997-09-24 |
| FITZSIMMONS, Wendy | Director | 2013-11-27 | 2016-08-31 |
| FORD, Michael John Henry | Director | — | 1993-06-18 |
| GARNETT, William Michael Maxwell | Director | 2004-10-26 | 2014-11-26 |
| GORDON, James Charles Mellish, Major General | Director | 2012-11-28 | 2016-08-31 |
| GREENWAY, Ambrose Charles Drexel, Lord | Director | 1994-10-06 | 2008-08-31 |
| GRETTON, Michael Peter, Vice Admiral | Director | 1999-09-21 | 2009-12-22 |
| GRIFFITHS, Charlotte Elizabeth Vinten | Director | 2007-10-16 | 2019-03-04 |
| HARRISON, Michael, Sir | Director | — | 2002-12-04 |
| HARTIGAN, Stephen Alexander | Director | 2014-09-08 | 2019-09-01 |
| HILL, Edward Josselyn Richard | Director | — | 1994-10-06 |
| HORNSBY, John | Director | — | 1997-09-24 |
| HOWARD-DOBSON, Patrick | Director | — | 1993-05-20 |
| HUGHES, Terry, Captain | Director | 1999-09-21 | 2002-05-28 |
| HUGHES-DAVIES, Colin | Director | — | 1993-09-07 |
| JAY, Martin | Director | 2004-01-09 | 2010-12-31 |
| JONES, Malcolm Daniel | Director | 2002-05-02 | 2003-01-01 |
| JONES, Nigel Glanville Ollerton | Director | 2018-11-27 | 2021-05-10 |
| KING, David Edwin, Colonel | Director | — | 2004-12-24 |
| KNOX-JOHNSTON, Robin | Director | 1993-09-07 | 2001-12-07 |
| LAIDLAW, Irvine Alan Stewart | Director | 2002-05-02 | 2003-05-21 |
| LANGRIDGE, David Henry | Director | — | 2000-09-25 |
| LE MAY, Malcolm John | Director | 2010-05-25 | 2013-12-18 |
| LEE, Christopher Robin, Commander | Director | 1994-10-06 | 2002-01-17 |
| LENNOX, John Fyfe | Director | 2009-10-23 | 2019-07-25 |
| LINCOLN, Edward Brian | Director | — | 1997-12-14 |
| LOVE, Peter William, Captain | Director | — | 1999-09-21 |
| MCDANELL, Philip Neil, Mr. | Director | 2014-09-08 | 2023-12-08 |
| MCKAIG, John Rae, Admiral Sir | Director | — | 1995-09-20 |
| MELLY, Richard Graham | Director | 2017-06-30 | 2022-10-05 |
| MICHAELSON, Richard Owen | Director | 2009-07-29 | 2013-12-18 |
| MOORE, Michael Antony Class, Sir | Director | 2010-03-02 | 2016-08-31 |
| MORLEY, Robert Alfred | Director | 1997-09-24 | 2005-07-02 |
| NAZARIN, Kiera Naomi | Director | 2018-05-31 | 2024-03-08 |
| NOVI, Giovanni, Dr | Director | 1999-07-07 | 2001-12-07 |
| PARKES, John Gabriel | Director | — | 1998-09-23 |
| PRITCHARD GORDON, Giles | Director | 1997-09-24 | 2009-12-22 |
| PURVES, Elizabeth Mary | Director | 1999-09-21 | 2001-12-07 |
| RAMSDEN, David Michael | Director | — | 1995-09-20 |
| ROBERTS, Stephen John | Director | 2004-10-26 | 2014-06-25 |
| ROGERS, Colin Robert | Director | — | 1995-09-20 |
| ROWE, Alvar Nigel | Director | 1999-07-07 | 2001-12-07 |
| RUDD, John Randall | Director | — | 1993-11-30 |
| SALVESEN, Andrew Cameron | Director | 1994-10-06 | 2001-05-02 |
| SCOTT, Patrick John Harold | Director | 1993-11-03 | 1998-03-18 |
| STEWART, Brian Alexander | Director | — | 1995-09-20 |
| STUIVER, Tamara | Director | 2022-10-05 | 2023-04-26 |
| TITE, Christopher Charles | Director | 2012-11-28 | 2016-02-22 |
| TYDEMAN, David Rolfe | Director | 2010-03-02 | 2012-04-30 |
| VALLINGS, George Montague Francis, Vice Admiral Sir | Director | — | 1996-11-30 |
| VENTHAM, Ian Robert | Director | 1998-09-07 | 2006-06-20 |
| VERGHESE-DIPPLE, Mary | Director | 2023-01-25 | 2025-04-30 |
| WILCOX, Judith Ann, Baroness | Director | 1998-09-23 | 2001-12-07 |
| WILLIAMS, Roger | Director | 2004-07-03 | 2008-07-08 |
| WILLIAMS, Sally | Director | — | 1998-09-23 |
| WIPPELL, Mark Alexander | Director | 2018-05-31 | 2021-05-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 308 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-14 RESOLUTIONS Resolution
- 2025-07-14 MA Memorandum articles
- 2025-07-08 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-24 | AA | accounts | Accounts with accounts type group | |
| 2026-02-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-02-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-14 | MA | incorporation | Memorandum articles | |
| 2025-07-08 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-04 | AA | accounts | Accounts with accounts type group | |
| 2024-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-21 | AA | accounts | Accounts with accounts type group | |
| 2023-07-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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 2025-02-28 vs 2024-02-29
-
Turnover
—
Not reported
-
Cash
-22.7%
£192,739 £148,942
-
Net assets
-12.7%
£1,260,055 £1,099,552
-
Employees
+16.7%
18 21
-
Wages
+12.7%
£691,201 £779,246
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers