NGT SERVICES (UK) LIMITED

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. In considering whether this is appropriate, the Company has taken into account the following: • The main source of income of the Company derives from fees and commissions for chartering services, and technical and administrative services provided to other group companies. Therefore, the ability of the Company to continue as a going concern is dependent on the wider group having the financial resources to continue to pay for the services they receive from this entity. • Of the net assets of £18.3 million, there is an amount due from group companies of £20.4 million. Therefore, the Company is dependent on the ability of the wider group to repay the amounts owed to it. • The ultimate parent company, Navigator Holdings Ltd., has agreed to provide continued financial support to the Company for the foreseeable future to meet its obligations as and when they fall due, for a minimum period of 12 months from the date of approval of these financial statements and not seeking the repayment of amounts unless adequate alternative financing has been secured. This support has been confirmed to the Company through a letter of financial support. The directors have assessed the parent company's financial ability to provide this support when required. On this basis, the directors have continued to adopt the going concern basis in preparing the financial statements.”

Significant events

• “On November 30, 2024, the pool partners in the Luna Pool decided to terminate the Luna Pool. All the vessels that were previously in the Luna Pool will be individually commercially managed by NGT Services (U.K.) Limited.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  +4.5%

  £13,330,032 → £13,935,157

• Cash

  -56.1%

  £773,618 → £339,910

• Net assets

  +15.2%

  £15,899,180 → £18,323,107

• Employees

  0%

  51 → 51

• Operating profit

  +4.7%

  £2,829,406 → £2,961,548

• Profit before tax

  +4.7%

  £2,829,406 → £2,961,548

• Wages

  +20%

  £4,949,137 → £5,937,470

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