BARNES MARINE UNITS LIMITED
Get an alert when BARNES MARINE UNITS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2027-04-08 (in 11mo)
Last made up 2026-03-25
Watchouts
None on the register
Cash
£4M
+1% vs 2024
Net assets
£10M
+3.3% highest in 6 filed years
Employees
51
+4.1% vs 2024
Profit before tax
£820K
-25.5% lowest in 4 filed years
Net assets
10-year trend · vs Industrials median
Accounts
10-year trend · latest reflected 2025-02-28
| Metric | Trend | 2020-05-31 | 2020-06-01 | 2021-04-30 | 2021-05-01 | 2022-02-28 | 2022-03-01 | 2023-02-28 | 2023-03-01 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £6,333,739 | — | £7,087,663 | — | £5,502,003 | £5,710,473 | |
| Operating profit | — | — | — | — | £1,926,862 | — | £1,346,060 | — | £1,003,981 | £700,827 | |
| Profit before tax | — | — | — | — | £1,908,899 | — | £1,348,991 | — | £1,101,859 | £820,451 | |
| Net profit | £246,454 | — | £1,466,983 | — | £1,542,118 | — | £1,132,303 | — | £635,795 | £541,646 | |
| Cash | £1,133,869 | — | £4,502,226 | £4,502,226 | £3,953,244 | £3,953,244 | £3,421,860 | £3,421,860 | £3,871,659 | £3,912,169 | |
| Total assets less current liabilities | £7,914,819 | — | £8,716,777 | — | £8,836,897 | — | £9,725,959 | — | £10,326,235 | £10,780,488 | |
| Net assets | £5,445,118 | — | £6,711,088 | — | £8,104,819 | — | £9,042,146 | — | £9,473,341 | £9,788,437 | |
| Equity | £5,445,118 | £5,445,118 | £6,711,088 | £6,711,088 | £8,104,819 | £8,104,819 | £9,042,146 | £9,042,146 | £9,473,341 | £9,788,437 | |
| Average employees | 50 | — | 46 | — | 58 | — | 59 | — | 49 | 51 | |
| Wages | £1,078,643 | — | £749,675 | — | £715,263 | — | £958,484 | — | £962,387 | £984,190 |
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 | 2020-05-31 | 2020-06-01 | 2021-04-30 | 2021-05-01 | 2022-02-28 | 2022-03-01 | 2023-02-28 | 2023-03-01 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 30.4% | — | 19.0% | — | 18.2% | 12.3% | |
| Net margin | — | — | — | — | 24.3% | — | 16.0% | — | 11.6% | 9.5% | |
| Return on capital employed | — | — | — | — | 21.8% | — | 13.8% | — | 9.7% | 6.5% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | — | — | 22.2% | 22.8% | |
| Current ratio | — | — | — | — | — | — | — | — | 2.64x | 2.57x | |
| Interest cover | — | — | — | — | 104.98x | — | 86.09x | — | — | — |
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
- Standalone (parent only)
- Auditor
- MA Partners Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- BARNES MARINE UNITS LIMITED · parent
- Brinkcraft Limited 100%
- Riverside Marina Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THWAITES, Daniel Brian | Secretary | 2000-11-30 | — | British |
| THWAITES, Daniel Brian | Director | — | Sep 1967 | British |
| THWAITES, Matthew Douglas | Director | — | May 1969 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| THWAITES, Daniel Brian | Secretary | 1999-12-01 | 2000-11-30 |
| THWAITES, Jill | Secretary | — | 2000-11-30 |
| THWAITES, Brian Ferras | Director | — | 1992-05-20 |
| THWAITES, Jill | Director | — | 2023-01-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Daniel Brian Thwaites | Individual | Shares 25–50%, Voting 25–50% | 2023-01-26 | Active |
| Mr Matthew Douglas Thwaites | Individual | Shares 25–50%, Voting 25–50% | 2023-01-26 | Active |
| Mrs Jill Thwaites-Tallowin | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2023-01-26 |
Filing timeline
Last 20 of 156 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-08-07 RESOLUTIONS Resolution
- 2024-08-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-24 | AA | accounts | Accounts with accounts type full | |
| 2025-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-15 | AA | accounts | Accounts with accounts type full | |
| 2024-08-07 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-07 | MA | incorporation | Memorandum articles | |
| 2024-04-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-17 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-01-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-18 | AA | accounts | Accounts with accounts type full | |
| 2023-05-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-25 | AA | accounts | Accounts with accounts type small | |
| 2022-09-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-09-27 | MR04 | mortgage | Mortgage satisfy charge full |
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 2025-02-28 vs 2024-02-29
-
Turnover
+3.8%
£5,502,003 £5,710,473
-
Cash
+1%
£3,871,659 £3,912,169
-
Net assets
+3.3%
£9,473,341 £9,788,437
highest in 6 filed years
-
Employees
+4.1%
49 51
-
Operating profit
-30.2%
£1,003,981 £700,827
lowest in 4 filed years
-
Profit before tax
-25.5%
£1,101,859 £820,451
lowest in 4 filed years
-
Wages
+2.3%
£962,387 £984,190
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