ARROW SHIPPING (U.K.) 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

Consolidated group

Auditor

Nigel Wilson & Co

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 group's and the parent 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

1. ARROW SHIPPING (U.K.) LIMITED · parent
   1. Arrow Sale and Purchase (UK) Limited 88% · England · Shipbroking
   2. Arrow Chartering (UK) Limited 100% · England · Shipbroking
   3. Arrow Panamax (UK) Limited 78% · England · Shipbroking
   4. Arrow Shipping and Energy Limited 100% · England · Shipbroking
   5. Arrow Futures (UK) Limited 75.5% · England · Freight Derivatives Broker
   6. Arrow Shipping (Hong Kong) Limited 100% · Hong Kong · Shipbroking
   7. Arrow Shipbroking Group Limited 100% · England · Shipbroking
   8. Arrow Asia Shipbrokers Limited 100% · Hong Kong · Shipbroking
   9. Arrow Asia Shipbrokers (Pte.) Limited 70% · Singapore · Shipbroking
   10. Arrow Tankers P/S 51% · Denmark · Shipbroking
   11. Arrow Tankers Asia Limited 60% · Hong Kong · Shipbroking
   12. Arrow Shipping Hellas S.A 100% · Marshall Islands · Shipbroking
   13. Arrow Shipping AG 100% · Switzerland · Shipbroking
   14. Arrow Shipbroking Italy S.R.L. 100% · Italy · Shipbroking
   15. Arrow Research Limited 100% · England · Vessel Valuation
   16. Arrow Tanker Chartering Limited 51% · England · Shipbroking
   17. Arrow Shipping (Korea) Limited 100% · Korea · Shipbroking
   18. Arrow Panamax DMCC 100% · U.A.E · Shipbroking
   19. Arrow Shipping Germany GmbH 100% · Germany · Shipbroking
   20. Arrow Shipping Japan Co. Ltd 100% · Japan · Shipbroking
   21. Arrow Tankers General Partner A/S 51% · Denmark · Shipbroking
   22. Arrow Tankers I ApS 100% · Denmark · Shipbroking
   23. Arrow Shipping Australia PTY Limited 70% · Australia · Shipbroking
   24. Arrow Shipping USA Inc 100% · USA · Shipbroking

Significant events

• “During 2024, Arrow Energy Markets ("AEM") commenced trading, acting as a broker in the oil and oil products derivatives sector.”
• “shareholding was diluted to below 50% by the end of 2024, and so the AEM group became an Associate undertaking. In accounting terms, this was treated as a disposal in the 2024 consolidated accounts.”
• “Arrow expanded it's offering in the Tanker sector to form Arrow Tanker Chartering Limited, focusing on the Tanker spot market.”
• “in October 2024 the group relocated it's London headquarters from Chelsea Harbour to a new premises in Sloane Avenue.”
• “Towards the end of 2024 there was a Group re-organisation that was designed to simplify ownership interests across the group and incentivise senior members of staff. New shares in Arrow Shipping (UK) Limited were issued to staff.”
• “On 29th October 2024, the Company acquired an additional 16% of the shareholdings in Arrow Sale and Purchase (UK) Limited, taking the overall shareholding to 88%.”
• “On 29th October 2024, the Company acquired an additional 16.13% of the shareholdings in Arrow Chartering (UK) Limited. A further 6.17% was acquired on 6th November 2024, taking the overall shareholding to 100%.”
• “On 29th October 2024, the Company acquired an additional 19% of the shareholdings in Arrow Panamax (UK) Limited, taking the overall shareholding to 78%.”
• “On 29th October 2024, the Company acquired an additional 24.5% of the shareholdings in Arrow Futures (UK) Limited, taking the overall shareholdings to 75.5%.”
• “On 27th November 2024, the Company indirectly acquired an additional 35% of the shareholdings in Arrow Asia Shipbrokers Limited, taking the overall shareholdings to 100%.”
• “On 7th November 2024, the Company indirectly acquired an additional 15% of the shareholdings in Arrow Shipping (Korea) Limited, taking the overall shareholdings to 100%.”
• “On 20th December 2024, additional shares were issued in Arrow Energy Markets Holdings (Limited) which diluted the Company's shareholdings to 38.25%. Therefore, the Arrow Energy Markets Holdings (Limited) ceased to be a subsidiary of the Company and was recognised as an associate undertaking from that date.”
• “On 28th August 2024, the Group entered into a new £10,000,000 revolving credit facility, primarily to support its investment in Arrow Energy Markets. At the year end £2,000,000 was drawn.”
• “During the financial year, the company issued 54,132 equity-settled bonus shares to employees within the group under a share-based payment arrangement.”

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

Filings

7

last 12 months

Capital events

4

last 24 months

Officers appointed

1

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

  +39%

  £79,221,138 → £110,131,172

• Cash

  -7.1%

  £33,288,179 → £30,933,132

• Net assets

  -23.6%

  £12,029,957 → £9,186,991

• Employees

  +11.2%

  258 → 287

• Operating profit

  -53.8%

  £4,812,081 → £2,225,155

• Profit before tax

  -69.6%

  £5,771,281 → £1,752,380

• Wages

  +55.2%

  £50,556,795 → £78,477,600

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