BABCOCK MARINE TRAINING LIMITED

1. BABCOCK MARINE TRAINING LIMITED 2018-12-17 → present
2. BABCOCK FLAGSHIP LIMITED 2012-11-01 → 2018-12-17
3. VT FLAGSHIP LIMITED 2008-07-07 → 2012-11-01
4. FLAGSHIP TRAINING LIMITED 1995-10-03 → 2008-07-07
5. INTERCEDE 1138 LIMITED 1995-08-01 → 1995-10-03

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 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given the above assessment, the Directors have concluded that the Company has adequate resources to continue as a going concern for at least 12 months from the date of signing these financial statements. The Directors have not identified any material uncertainties related to events or conditions that may cast significant doubt upon the Company's ability to continue as a going concern. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. BABCOCK MARINE TRAINING LIMITED · parent
   1. Flagship Fire Fighting Training Limited 100% · United Kingdom

Significant events

• “The investment held in subsidiary company Flagship Fire Fighting Training Limited is fully impaired as at 31 March 2025 as the company has ceased trading and is planned to be liquidated in due course and moved as part of a wider entity rationalisation plan across the organisation.”
• “The Directors of the Company have considered the events within the Middle East, specifically the military action between the USA, Israel and Iran, and consider that does not give rise to any post balance sheet impact on these accounts. This is an unadjusted post balance sheet event.”
• “The Company had previously guaranteed or had joint and several liability for bank facilities that are shared across multiple Group companies, these were cancelled in the period to 31 March 2025 (2024: £8.3 million).”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +12.4%

  £16,190,000 → £18,201,000

• Cash

  —

  Not reported

• Net assets

  +12.9%

  £73,794,000 → £83,287,000

• Employees

  -7.8%

  103 → 95

• Operating profit

  +5.1%

  £5,949,000 → £6,252,000

• Profit before tax

  -37.3%

  £20,178,000 → £12,661,000

• Wages

  -3.9%

  £4,036,000 → £3,877,000

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