TARMAC MARINE LIMITED

1. TARMAC MARINE LIMITED 2015-08-03 → present
2. LAFARGE TARMAC MARINE LIMITED 2013-09-02 → 2015-08-03
3. TARMAC MARINE DREDGING LIMITED 2009-12-31 → 2013-09-02
4. UNITED MARINE DREDGING LIMITED 1990-08-30 → 2009-12-31
5. UNITED MARINE AGGREGATES LIMITED 1987-04-01 → 1990-08-30
6. KENSWELL LIMITED 1987-03-03 → 1987-04-01

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Taking account of the detailed forecast of the Tarmac group of companies and having received confirmation of ongoing support of CRH plc for the next 12 months from the date of approval of these financial statements, and their willingness and ability to provide financial support to the Company if needed, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the next 12 months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. TARMAC MARINE LIMITED · parent
   1. LTM (Southern) Limited 100% · United Kingdom
   2. LTM (Western) Limited 100% · United Kingdom
   3. LTM (City of London) Limited 100% · United Kingdom
   4. LTM (City of Westminster) Limited 100% · United Kingdom

Significant events

• “The Company's profit before tax was £2,323,000, a decrease in performance from last year's profit before tax of £12,560,000. No dividends were received from subsidiary undertakings in the current year (2023: £10,000,000).”
• “Revenue was aligned with the prior year, although underlying price growth was offset by a slight reduction in supplied volumes (down 56kt). Purchases of material from third parties decreased, contributing to lower input costs. Administration costs rose due to salary increases and higher consultancy charges associated with research into licensed dredged areas. Other operating income increased, supported by contributions from a government research and development initiative. Conversely, interest receivable from cash pooling declined, resulting in lower financial income.”
• “In 2024 there were zero fatalities (2023: 0) and 13 Lost Time Injuries (2023: 11) and the consequent Lost Time Injury Frequency Rate was 0.06 (2023: 0.04).”
• “A total of 23 high potential incidents were recorded for 2024 (defined as incidents that had a realistic chance of fatal or life-changing consequences) (2023: 20).”
• “Tarmac achieved platinum status in 'The 5% Club's' esteemed 2024-25 Employer Audit Scheme, positioning the company among the top innovators in workplace learning.”
• “Tarmac has made a substantial social contribution of £4 million to the county, solidifying its position as a vital partner in Hertfordshire's sustainable future.”
• “The CRH Board and Global Leadership Team ("GLT") visited the Tunsted plant in June 2024, with 200 members of management touring the facility.”
• “In 2024, we reused over 1 million tonnes of Recycled Asphalt Planings (RAP) in our asphalt production process, and over 140,000t of material was optimised to support efficient reuse and recycling in our blocks business.”
• “In 2024, we recycled 96.5 per cent of the waste generated across our operations and only sent around 6,566 tonnes of waste to landfill.”
• “In 2024, a total of 721 employees were in 'earn and learn' positions, equating to 13.6% of our total UK workforce, including 388 apprentices.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -0.1%

  £39,604,000 → £39,550,000

• Cash

  +108.5%

  £153,000 → £319,000

• Net assets

  +22.2%

  £10,202,000 → £12,470,000

• Employees

  0%

  14 → 14

• Operating profit

  -2.6%

  £1,952,000 → £1,901,000

• Profit before tax

  -81.5%

  £12,560,000 → £2,323,000

• Wages

  +11.8%

  £706,000 → £789,000

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