BOSKALIS WESTMINSTER LIMITED

1. BOSKALIS WESTMINSTER LIMITED 2012-10-01 → present
2. WESTMINSTER DREDGING COMPANY LIMITED 1962-12-27 → 2012-10-01

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Company has considerable financial resources together with long term contracts with a number of customers and suppliers across different geographic areas and industries. In addition, the Group's ability to call upon a wealth of knowledge, experience and resources within the wider international Boskalis group allows for access to a wide range of services, goods and equipment beyond the local markets providing the flexibility to address any potential issues arising within the Company's supply chain and wider business activities. As a consequence, the directors believe that the Company is well placed to manage its business risks successfully and is in a healthy position to weather any disruption and increased costs in its fuel and supply chain.”

Significant events

• “Throughout 2024, the company contributed to various community and environmental initiatives, notably: Continuation of the Partnership with the Hampshire & Isle of Wight Wildlife Trust on the Solent Seagrass Restoration project. Contributions and volunteering as part of the Oyster Restoration Project with the Blue Marine Foundation. Continuing to work alongside Harwich Haven Authority, making donations to local charitable events in the area as well as sponsoring a local sports team Annual donations to local food banks, as well as sponsorship generated by employees through participating in the Great South Run and various other events and activities. Donation to the Sea Cadets and RNLI, as well as donations of surplus project and office equipment to local organisations such as the Hengistbury Head Visitors Centre and Countryside Team.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +66.9%

  £61,949,000 → £103,375,000

• Cash

  +1,468.6%

  £226,000 → £3,545,000

• Net assets

  -2%

  £19,189,000 → £18,808,000

• Employees

  +10.7%

  84 → 93

• Operating profit

  +50.7%

  £7,985,000 → £12,036,000

• Profit before tax

  +42.4%

  £9,027,000 → £12,853,000

• Wages

  +11%

  £6,103,000 → £6,774,000

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