TEKMAR ENERGY 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 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are satisfied that the cash flow forecasts show that the Group is expected to have a sufficient level of financial resources available through current facilities to continue in operational existence and meet its liabilities as they fall due and therefore will be able to provide parental support for at least the next 12 months from the date of approval of the financial statements and for this reason they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. TEKMAR ENERGY LIMITED · parent
   1. Tekmar Marine Technology Company Limited 100% · China
   2. Tekmar Polyurethanes Limited 100% · England and Wales

Significant events

• “Since 1 July 2025, Tekmar Energy has secured new orders of c.£34m supporting an order book as at the date of this release of £27m. These orders support significantly improved revenue visibility with approximately £19m of revenue already secured for FY26 and £13m for FY27.”
• “Offshore Wind - in the last three months, we have announced three significant awards supporting offshore wind projects in Europe with a cumulative value in excess of €20m.”
• “Oil & Gas - since the start of July 2025, we have announced awards with a cumulative value in excess of £17m. This includes a US$10m contract to provide CPS technology for a major offshore energy project in the United Arab Emirates.”
• “During FY25, we announced commercial settlement agreements with two customers concerning legacy defect notifications relating to the industry-wide issue regarding abrasion of legacy cable protection systems installed at offshore windfarms.”
• “On 27 February 2026, the Group completed the sale of the property for a net cash consideration of £2.8m.”

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

1

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

  -8.3%

  £18,122,000 → £16,616,000

• Cash

  +355.5%

  £337,000 → £1,535,000

• Net assets

  -27.5%

  £8,933,000 → £6,474,000

• Employees

  +1.5%

  67 → 68

• Operating profit

  -568.3%

  £457,000 → -£2,140,000

• Profit before tax

  -666.4%

  £411,000 → -£2,328,000

• Wages

  +15%

  £2,714,000 → £3,120,000

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