ROYAL IHC LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-06 (in 11mo)
Last made up 2026-03-23
Watchouts
None on the register
Cash
£5M
+833.3% vs 2023
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
£449K
+108.6% vs 2023
Name history
Renamed 2 times since incorporation
- ROYAL IHC LIMITED 2017-08-10 → present
- IHC ENGINEERING BUSINESS LIMITED 2008-06-24 → 2017-08-10
- THE ENGINEERING BUSINESS LIMITED 1997-04-03 → 2008-06-24
Profit before tax
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £39,090,000 | £20,800,000 | |
| Operating profit | £279,000 | -£79,000 | |
| Profit before tax | -£5,200,000 | £449,000 | |
| Net profit | -£5,238,000 | £100,000 | |
| Cash | £528,000 | £4,928,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | — | — | |
| Equity | — | — | |
| Average employees | — | — | |
| Wages | — | — |
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 | 0.7% | -0.4% | |
| Net margin | -13.4% | 0.5% | |
| Interest cover | 0.05x | -0.06x |
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
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors consider appropriate for the following reasons. The company meets its day to day working capital requirements from operational cash flows, together with an intercompany debtor and trading balances with the group headed by Stichting Continuiteit IHC, the ultimate parent company.”
Group structure
- ROYAL IHC LIMITED · parent
- IHC Concept Limited 100%
Significant events
- “The year brought some notable milestones, including the order of a new-built tensioner (delivered in 2025), the commissioning of an advanced modular cable lay spread, and the award of a concept study for a cable lay vessel, which may lead to opportunities for a vessel, spread, and subsea vehicle.”
- “2024 was capped by an order from for a large, tracked trencher for delivery in 2027.”
- “2023 saw the development a new model of Royal IHC's four-tracked subsea trencher, the "Amphibious Hi-Traq Jetter". This vehicle was completed in 2024 and is currently with the client. Additionally, an order for a fibre optic repair spread was notable for its IHC UK and India collaboration.”
- “In 2024, Royal IHC was awarded a contract to design, build, and deliver two new cable lay vessels. These vessels will also be equipped with Royal IHC's cable lay and burial equipment, including a new-built 3.3m jetting plough, LARS, and a full cable lay spread.”
- “Rentals continue to be a growth area for Royal IHC. 2024 saw our cable lay equipment portfolio close to capacity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TE BOKKEL, Derk Willem | Director | 2023-11-07 | Jul 1961 | Dutch |
| TER RIET, Bert Jan | Director | 2024-07-18 | Apr 1966 | Dutch |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRIGGS, Andrew | Secretary | 2018-02-21 | 2020-04-14 |
| PATTISON, Philip | Secretary | 2016-08-19 | 2018-02-21 |
| SALVESEN, George Neil Turnbull | Secretary | 2011-10-18 | 2016-08-19 |
| TRAPP, Avril Lindsay | Secretary | 1997-04-03 | 1997-07-21 |
| WATCHORN, Michael John | Secretary | 1997-07-21 | 2003-09-17 |
| WHITEHOUSE, David | Secretary | 2011-07-20 | 2011-10-18 |
| YOUNG, John Smithson | Secretary | 2003-09-17 | 2011-07-20 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1997-04-03 | 1997-04-03 |
| AGAR, Stephen, Dr | Director | 1997-07-21 | 2008-09-11 |
| BAILEY, Toby James | Director | 2005-11-16 | 2011-07-01 |
| BAXTER, Neil Graham | Director | 2011-04-07 | 2012-05-29 |
| BLOMFIELD SMITH, Rosamund Evelyn | Director | 2004-03-02 | 2008-03-14 |
| BOER, John Patrick Sebastian | Director | 2008-04-23 | 2011-01-20 |
| DALE, William Jonathan | Director | 2012-05-29 | 2014-05-30 |
| EGGINK, Gerben Marius | Director | 2020-07-29 | 2022-01-01 |
| GRINSTED, Timothy William, Dr | Director | 1997-07-21 | 2008-09-11 |
| HAKKERT, Meindert Panagiotis | Director | 2015-01-07 | 2018-08-02 |
| HARDISTY, Paul Craig | Director | 2014-09-01 | 2019-07-23 |
| HOLIERHOEK, Charlotte Katelijne | Director | 2023-11-06 | 2024-07-18 |
| HYLKEMA, Johannes Hielke | Director | 2008-04-23 | 2012-06-21 |
| KLAVER, Jan-Pieter | Director | 2022-01-01 | 2023-11-07 |
| KLIJNSOON, Arjen | Director | 2012-06-21 | 2015-01-07 |
| KLIJNSOON, Arjen | Director | 2008-04-23 | 2011-07-01 |
| MERLINO DE FREITAS, Andre Luiz | Director | 2019-07-23 | 2022-01-26 |
| PATTISON, Philip | Director | 2016-06-06 | 2018-02-21 |
| PREVOO, Marc | Director | 2011-01-20 | 2011-07-01 |
| READMAN, Guy | Director | 1997-09-01 | 1998-09-28 |
| SALVESEN, George Neil Turnbull | Director | 2011-10-18 | 2016-08-19 |
| STEWART, Donald James | Director | 2000-10-17 | 2008-03-14 |
| TRAPP, Antony David | Director | 1997-04-03 | 2011-05-31 |
| VAN DER HARTEN, Antoon Paul Marie | Director | 2021-12-30 | 2023-03-17 |
| VAN DER SNEL, Cornelis Willem | Director | 2021-12-30 | 2022-10-01 |
| VANDER HEYDE, Dave Alexander Andre Joseph Antoon Georges | Director | 2014-04-08 | 2020-05-01 |
| WATCHORN, Michael John | Director | 2010-02-05 | 2011-04-03 |
| WATCHORN, Michael John | Director | 1997-07-21 | 2008-09-11 |
| YOUNG, John Smithson | Director | 2008-05-01 | 2011-08-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ihc Merwede Uk Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-07 |
| Mr Cees Jan De Bruin | Individual | Voting 50–75% | 2016-04-06 | Ceased 2016-04-06 |
| Ihc Merwede Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 193 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-01-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-11 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-12-11 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-12-11 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-12-11 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-12-11 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-07-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-05 | AA | accounts | Accounts with accounts type full | |
| 2024-11-28 | AA | accounts | Accounts with accounts type full | |
| 2024-10-23 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-10-22 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-10 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-22 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- 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
-46.8%
£39,090,000 £20,800,000
-
Cash
+833.3%
£528,000 £4,928,000
-
Net assets
—
Not reported
-
Employees
—
Not reported
-
Operating profit
-128.3%
£279,000 -£79,000
-
Profit before tax
+108.6%
-£5,200,000 £449,000
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