MARITIME TRANSPORT LIMITED

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

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has continued to be profitable and cash generative through 2024 and the expectation is that this will continue for the foreseeable future, supported by the forecasts produced for the Board. As a result, the Directors have concluded that the going concern basis remains appropriate for the preparation of the financial statements.”

Significant events

• “The parent company was acquired in September 2024 and continues to operate independently with all the existing senior management team remaining in place.”
• “SBTi emission targets committing to a 58.8% reduction in Scope 1 and 2 by 2034 were submitted in September, these have recently been ratified.”
• “Expanded our participation in the government-backed ZEHID programme, securing 54 Zero Emission HGV vehicles along with the required charging infrastructure to operate across our network. The first of these vehicles are scheduled to arrive by the summer of 2025.”
• “£49m investment in fixed assets, including the rolling programme of vehicle fleet renewal using the latest fuel efficient trucks, expansion of our trailer fleet and further development of the property infrastructure.”
• “Completed the implementation of a new HR and payroll system together with a number of other initiatives as mentioned in the strategic and directors' reports.”
• “The company uniform underwent a redesign and quality enhancement, with the driver and terminal staff roll out towards the end of the year.”
• “Community engagement including bringing the Royal British Legion's Poppy Appeal to UK roads.”
• “On 2 March 2025, the Company purchased the trade and assets of Medlog Limited (company registration number 11684020) and Medway Rail Limited (company registration number 11691214).”

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

  +4.3%

  £404,348,000 → £421,747,000

• Cash

  -52.4%

  £48,196,000 → £22,962,000

• Net assets

  +2.8%

  £125,469,000 → £129,038,000

• Employees

  +0.1%

  2,855 → 2,857

• Operating profit

  -74.4%

  £20,195,000 → £5,180,000

• Profit before tax

  -65.4%

  £20,671,000 → £7,147,000

• Wages

  +14.4%

  £135,145,000 → £154,544,000

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