ABS EUROPE LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-02 (in 7mo)
Last made up 2025-11-18
Watchouts
None on the register
Cash
£3M
-58.9% vs 2023
Net assets
£42M
-1.5% vs 2023
Employees
426
+8.1% vs 2023
Profit before tax
-£2M
-130.9% vs 2023
Name history
Renamed 1 time since incorporation
- ABS EUROPE LTD. 1991-01-09 → present
- RECORDNOTION LIMITED 1990-11-26 → 1991-01-09
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £59,610,000 | £66,968,000 | |
| Operating profit | £3,037,000 | £3,143,000 | |
| Profit before tax | £5,006,000 | -£1,546,000 | |
| Net profit | £3,140,000 | -£2,725,000 | |
| Cash | £8,453,000 | £3,475,000 | |
| Total assets less current liabilities | £45,279,000 | £41,448,000 | |
| Net assets | £42,793,000 | £42,132,000 | |
| Equity | £42,793,000 | £42,132,000 | |
| Average employees | 394 | 426 | |
| Wages | £31,517,000 | £34,212,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 5.1% | 4.7% | |
| Net margin | 5.3% | -4.1% | |
| Return on capital employed | 6.7% | 7.6% | |
| Current ratio | 2.85x | 3.24x |
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
- Consolidated group
- Auditor
- Bennett Brooks & Co Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Directors considered future performance and cashflows. Due to political uncertainty in Eastern Europe, a letter of support was requested and received from ABS (parent company) confirming willingness to provide necessary financial support for at least 12 months following the signing of these accounts, affirming going concern.”
Group structure
- ABS EUROPE LTD. · parent
- ABS Marine Services Limited 99%
- ABS Group Limited 100%
- ABS Italy Srl 99%
- ABS Hellas 99%
- ABS Hellenic Single Member Ltd 100%
- ABS Europe (Ghana) Limited 100%
- ABS Europe (Ghana) Upstream Limited 90%
Significant events
- “There was an announcement during March 2025 that the UK defined Benefit Pension scheme will be closed to new employees from 20 May 2025. A defined contribution scheme will be available for staff who join the Company after this date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FINN, Daniel Peter | Secretary | 2019-05-03 | — | — |
| MEHTA, Dhaval Hemant | Director | 2022-08-11 | Jul 1974 | American |
| MIDGLEY-CARVER, Philip | Director | 2018-08-01 | Aug 1971 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADAMS, Martha Celia | Secretary | 2007-12-14 | 2020-01-14 |
| BARTON, Sarah Muriel | Secretary | — | 2007-12-27 |
| JONES, Anthony Paul | Secretary | 2013-10-18 | 2019-05-03 |
| KENNEDY, Michael James | Secretary | 2002-11-28 | 2016-09-20 |
| MILLARD, Christopher Alan | Secretary | 1995-03-30 | 2002-11-28 |
| DOLAN, James Leo | Director | — | 1993-01-07 |
| GILMAN, Robert | Director | 2006-08-10 | 2010-12-31 |
| GROVE, Todd | Director | 2010-06-16 | 2013-03-07 |
| GROVE, Todd | Director | 2003-07-02 | 2007-12-27 |
| IAROSSI, Frank James | Director | — | 2006-12-11 |
| LINO COSTA, Antonio | Director | 1992-12-15 | 2012-03-31 |
| MCDONALD, John | Director | 2011-02-07 | 2012-07-10 |
| PRIDE, Richard David | Director | 2016-02-24 | 2018-08-01 |
| ROY, Arinjit | Director | 2022-03-15 | 2022-08-11 |
| SEMBER, William James | Director | 2007-05-17 | 2010-12-31 |
| SEMBER, William James | Director | 1998-07-01 | 2001-12-31 |
| SHIMMIN, Roger Norman | Director | 2001-09-28 | 2007-12-27 |
| TEMPLETON, James William | Director | 1991-01-18 | 1998-06-30 |
| TIKKA, Kirsi Kyllikki, Dr | Director | 2012-07-18 | 2016-02-24 |
| VAN CAMPENHOUT, Karel Frans Anna | Director | 2004-04-22 | 2022-03-15 |
| WIERNICKI, Christopher | Director | 2005-05-03 | 2007-12-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| American Bureau Of Shipping | Corporate entity | Shares 75–100% | 2016-11-26 | Active |
Filing timeline
Last 20 of 157 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-23 | AA | accounts | Accounts with accounts type group | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-29 | AA | accounts | Accounts with accounts type group | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-08 | AA | accounts | Accounts with accounts type group | |
| 2022-11-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-27 | AA | accounts | Accounts with accounts type group | |
| 2022-03-15 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-15 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-11 | AA | accounts | Accounts with accounts type group | |
| 2021-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-07 | AA | accounts | Accounts with accounts type group | |
| 2020-01-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2020-01-14 | CH01 | officers | Change person director company with change date | |
| 2019-11-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-23 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+12.3%
£59,610,000 £66,968,000
-
Cash
-58.9%
£8,453,000 £3,475,000
-
Net assets
-1.5%
£42,793,000 £42,132,000
-
Employees
+8.1%
394 426
-
Operating profit
+3.5%
£3,037,000 £3,143,000
-
Profit before tax
-130.9%
£5,006,000 -£1,546,000
-
Wages
+8.6%
£31,517,000 £34,212,000
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