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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-29 (in 10mo)

Last made up 2026-03-15

Watchouts

1 item

Cash

£3M

+9.6% vs 2024

Net assets

£10M

-68.5% vs 2024

Employees

163

-6.3% vs 2024

Profit before tax

-£177K

+72.9% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. BOLUDA TOWAGE SMS LIMITED 2024-05-30 → present
  2. SMS TOWAGE LIMITED 2002-09-05 → 2024-05-30

Accounts

7-year trend · latest reflected 2024-12-31

Metric Trend 2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312024-12-31
Turnover £21,618,934£17,769,887
Operating profit £1,000,181£1,230,204
Profit before tax -£654,370-£177,254
Net profit -£628,803-£595,698
Cash £2,552,282£2,798,372
Total assets less current liabilities £61,381,867£29,656,548
Net assets £32,887,577£10,357,048
Equity £19,895,331£21,084,627£21,020,904£25,298,280£28,546,596£32,887,577£10,357,048
Average employees 174163
Wages £1,606,583£1,419,550

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 2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312024-12-31
Operating margin 4.6%6.9%
Net margin -2.9%-3.4%
Return on capital employed 1.6%4.1%
Interest cover 0.51x0.88x

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
Everson & Co. Limited
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 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. BOLUDA TOWAGE SMS LIMITED · parent
    1. Belfast Towage Limited 33% · UK

Significant events

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

People

4 active · 11 resigned

Name Role Appointed Born Nationality
BORDILS MONTERO, Antonio Director 2024-05-24 Oct 1979 Spanish
DULSON, Philip David Director 2024-08-28 Oct 1972 British
ROSETY MOLINS, Jorge Manuel Director 2024-08-28 Jul 1976 Spanish
VANDECAPPELLE, Geert Hilaire Director 2024-08-28 May 1963 Belgian
Show 11 resigned officers
Name Role Appointed Resigned
ESCREET, Christine Ann Secretary 2019-09-30 2024-05-24
KEMISH, Michael Secretary 2013-11-26 2017-06-08
LYON, Patrick Limnell Secretary 2002-09-05 2013-11-26
RWL REGISTRARS LIMITED Corporate Nominee Secretary 2002-09-05 2002-09-05
BARRY, Andrew Director 2019-04-01 2024-08-28
BURNETT, Russell Alexander Director 2023-05-09 2024-08-28
CLARKE, Simon Malcolm Director 2021-02-12 2024-08-28
ESCREET, Gareth Paul Director 2007-04-19 2023-10-20
ESCREET, Paul Director 2002-09-05 2024-05-24
LYON, Patrick Limnell Director 2002-09-05 2018-08-01
BONUSWORTH LIMITED Corporate Director 2002-09-05 2002-09-05

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Vicente Boluda Fos Individual Shares 25–50% 2025-05-26 Active
Boluda Towage Uk Ltd. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-04-24 Active
Mrs Christine Ann Escreet Individual Shares 25–50% 2019-09-30 Ceased 2022-04-13
Mr Paul Escreet Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2024-05-24

Filing timeline

Last 20 of 187 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-06-04 MA Memorandum articles
  • 2024-06-04 RESOLUTIONS Resolution
  • 2024-05-30 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-03-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-02 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-09-29 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-07-04 AD01 address Change registered office address company with date old address new address PDF
2025-07-04 AA accounts Accounts with accounts type full PDF
2025-03-21 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-15 AA accounts Accounts with accounts type full PDF
2024-09-05 CH01 officers Change person director company with change date PDF
2024-09-05 CH01 officers Change person director company with change date PDF
2024-09-04 AP01 officers Appoint person director company with name date PDF
2024-09-04 AP01 officers Appoint person director company with name date PDF
2024-09-04 AP01 officers Appoint person director company with name date PDF
2024-09-04 TM01 officers Termination director company with name termination date PDF
2024-09-04 TM01 officers Termination director company with name termination date PDF
2024-09-04 TM01 officers Termination director company with name termination date PDF
2024-06-04 MA incorporation Memorandum articles
2024-06-04 RESOLUTIONS resolution Resolution
2024-05-31 AP01 officers Appoint person director company with name date PDF
2024-05-30 CERTNM change-of-name Certificate change of name company PDF
2024-05-30 PSC05 persons-with-significant-control Change to a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
0

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.

Year-on-year

FY2024 → FY2024 · period ending 2024-12-31 vs 2024-03-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page