CASPIAN MAINPORT LIMITED

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2022-12-31.

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

Standalone (parent only)

Auditor

Xeinadin Audit 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. CASPIAN MAINPORT LIMITED · parent
   1. Caspian Mainport Aktau LLP 100% · Kazakhstan

Significant events

• “The four vessels chartered directly to Dragon Oil came to an end of 10 years of continuous employment with Dragon Oil at the end of July 2024 but subsequently had their employment with Dragon Oil extended to April 30th 2025.”
• “Our Kazakhstan branch has focused on operation of the Air Cushion Barge (ACB) Argymak but this contract came to an end in May 2024 with the client/ACB Owner deciding to place the vessel into cold lay-up.”
• “The end of the original Argymak contract has had a negative impact on the results of the company and has resulted in a loss for the year.”
• “The contracts on our ships in Turkmenistan came to an end in 2025 and we have now disposed of the vessels leaving our Turkmenistan operation on a 'care and maintenance' basis whilst we look for new business in. this market.”
• “The expansion into air-cushioned vessel operations has provided an interesting additional area for growth, and as mentioned above, there is the potential for the construction and chartering of additional ACB's.”
• “The group remains conservatively based with no bank debt, good contract coverage and niche market expertise which we believe will form a decent basis for future development.”

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

0

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

  +33.2%

  £11,013,898 → £14,675,919

  highest in 4 filed years

• Cash

  +251.4%

  £418,221 → £1,469,704

• Net assets

  +276.7%

  -£683,221 → £1,207,045

  first positive since 2021

• Employees

  +2.8%

  177 → 182

• Operating profit

  +295.3%

  -£845,824 → £1,652,289

  highest in 4 filed years

• Profit before tax

  +315.1%

  -£878,876 → £1,890,266

  highest in 4 filed years

• Wages

  +37%

  £835,026 → £1,143,694

  highest in 4 filed years

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