BLUEWATER BIO 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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In conclusion, based on a review of the current state of the company coupled with its forecasts, after adequately considering downside risk, the director has a reasonable expectation that the company has sufficient resources to continue to operate for the foreseeable future, being at least 12 months from the date that these financial statements have been approved.”

Significant events

• “Instead, upheaval in the market and a general inability of Tier 1 contractors to flex to the short term demand stalled the receipt of a number of previously communicated orders.”
• “Events such as in the war in the Ukraine and in Gaza, tariff wars, business failures in the company's supply chain, any new pandemic and disruptions to the supply chain have the potential to impact on the ability of the company to conduct its operations.”

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

Filings

9

last 12 months

Capital events

2

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.

• Turnover

  -14.7%

  £30,313,351 → £25,858,727

• Cash

  +33.5%

  £5,209,361 → £6,957,075

• Net assets

  +8%

  £21,674,419 → £23,408,635

• Employees

  +5.4%

  37 → 39

• Operating profit

  -63.7%

  £6,688,066 → £2,428,770

• Profit before tax

  -63.8%

  £6,679,742 → £2,419,850

• Wages

  -4.8%

  £2,399,867 → £2,283,981

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