ROYAL MARINES ASSOCIATION - THE ROYAL MARINES CHARITY
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-15 (in 9mo)
Last made up 2026-02-01
Watchouts
Cash
£2M
+31.2% vs 2023
Net assets
£16M
+4.1% vs 2023
Employees
28
-6.7% vs 2023
Profit before tax
-£392K
-123.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation
- ROYAL MARINES ASSOCIATION - THE ROYAL MARINES CHARITY 2019-04-04 → present
- THE ROYAL MARINES CHARITY 2016-12-21 → 2019-04-04
- ROYAL MARINES CHARITABLE TRUST FUND 2010-02-01 → 2016-12-21
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £7,724,037 | £6,170,786 | |
| Operating profit | £1,692,085 | -£392,217 | |
| Profit before tax | £1,692,085 | -£392,217 | |
| Net profit | £2,195,158 | £633,523 | |
| Cash | £1,253,574 | £1,644,275 | |
| Total assets less current liabilities | £15,300,724 | £15,935,548 | |
| Net assets | £15,300,724 | £15,934,247 | |
| Equity | £15,300,724 | £15,934,247 | |
| Average employees | 30 | 28 | |
| Wages | £1,658,863 | £1,517,364 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 21.9% | -6.4% | |
| Net margin | 28.4% | 10.3% | |
| Return on capital employed | 11.1% | -2.5% | |
| Gearing (liabilities / total assets) | 6.0% | 4.6% | |
| Current ratio | 4.42x | 3.20x | |
| Interest cover | 22.28x | -3.00x |
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
- Consolidated group
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the revised forecasts the Trustees are satisfied that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- ROYAL MARINES ASSOCIATION - THE ROYAL MARINES CHARITY · parent
- TRMC Enterprises Ltd 100%
- Royal Marines Shop Ltd 100%
Significant events
- “At the end of January 2024, Ben Curry MBE resigned from RMA-TRMC. The Board decided that the Senior Leadership Team (SLT) would run the Charity whilst a thorough recruitment process commenced. Brig Matt Jackson DSO RM (Ret'd) was appointed as the new CEO on 4 October 2024.”
- “Early in 2024, Trustee and Chair of the Investment Committee, Mark Fitzgerald following a conversation with the editor of the Financial Times (FT), approached the Board and Royal Marines with a concept to utilise FT sourced funding (an initial grant from the Association of British Insurers) to develop a package of online, financial literacy modules for young adults but using the Royal Marines (recruits and trained ranks) as the case study.”
- “The Charity's investments were transferred across from Sarasin to UBS on 27th March 2024, after which all portfolio assets were sold. The portfolio value was £10.197m at the time of transfer. The proceeds were reinvested into the new portfolio during Q2 and was fully invested by start of July.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
17 active · 60 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WRIGHT, Simon Michael | Secretary | 2023-04-20 | — | — |
| BANKS, Nicholas Mark | Director | 2022-10-18 | Aug 1986 | British |
| BEET, Simon Trevor | Director | 2020-01-15 | Nov 1951 | British |
| COHEN, Ian David | Director | 2022-06-09 | Oct 1960 | British |
| COPINGER-SYMES, Rory Sandham | Director | 2025-02-13 | Apr 1965 | British |
| CORMACK, Ann Catherine | Director | 2025-11-04 | Mar 1962 | British |
| DENNIS, James Alexander | Director | 2024-11-01 | Jul 1974 | British |
| DIXON, Carl | Director | 2024-10-15 | Aug 1974 | British |
| FITZGERALD, Mark Edward | Director | 2023-05-10 | Jan 1971 | British |
| FORDHAM, Lynn Rosanne | Director | 2020-04-01 | Apr 1963 | British |
| GRAY, Emma Claire | Director | 2022-10-18 | Jul 1977 | British |
| JACKSON, Matthew John Andrew | Director | 2026-03-30 | Dec 1971 | British |
| JUKES, Timothy Daniel | Director | 2024-07-29 | Jun 1974 | British |
| NAST, Ryan Thomas William | Director | 2022-06-09 | Jun 1981 | British |
| ROBINSON, Andrew Mark Edward | Director | 2020-06-24 | Jan 1969 | British |
| SWARBRICK, Richard James | Director | 2022-06-09 | May 1964 | British |
| TRIPP, Thomas Michael | Director | 2022-10-14 | Sep 1967 | British |
Show 60 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALL, Jonathan | Secretary | 2017-06-26 | 2019-04-01 |
| BALL, Jonathan | Secretary | 2013-05-15 | 2015-01-12 |
| GRANT, Ian William, Lt Col | Secretary | 2010-02-01 | 2013-05-15 |
| JAGGER, Daniel Francis | Secretary | 2017-01-19 | 2017-06-26 |
| SINGLETON, Sam Gary | Secretary | 2015-01-12 | 2017-01-19 |
| SPENCER, Richard Anthony Winchcombe | Secretary | 2020-10-20 | 2023-05-10 |
| WILSON, Alexander Charles | Secretary | 2019-04-01 | 2020-10-20 |
| ANGOVE, Richard | Director | 2020-07-24 | 2021-12-10 |
| BELL, Ron | Director | 2019-04-01 | 2019-12-05 |
| BEVIS, Timothy John, Brigadier | Director | 2012-05-31 | 2012-11-19 |
| BEVIS, Timothy John, Col | Director | 2010-09-24 | 2011-02-18 |
| BRESLAUER, Keith | Director | 2014-09-24 | 2022-11-30 |
| COX, Daniel | Director | 2013-05-15 | 2020-09-25 |
| DAVIS, Edward Grant Martin, Brigadier | Director | 2010-04-01 | 2013-01-31 |
| DEACON, Paul | Director | 2019-12-05 | 2025-11-20 |
| DENNING, Paul Richard | Director | 2019-10-10 | 2025-02-10 |
| DENNING, Paul Richard | Director | 2016-12-06 | 2019-10-10 |
| DENNING OBE ADC, Paul Richard, Brigadier | Director | 2010-02-01 | 2012-05-11 |
| DUNHAM, Mark William, Brigadier | Director | 2012-05-31 | 2015-01-12 |
| DUNHAM OBE, Mark William, Brigadier | Director | 2010-02-01 | 2010-05-04 |
| ELLIS OBE, Michael Philip, Colonel | Director | 2010-02-01 | 2010-09-24 |
| GILBY, Philip Steven | Director | 2015-01-12 | 2018-04-19 |
| GRANT, Ian William, Lt Col | Director | 2012-11-19 | 2019-04-16 |
| HERBERT, Lara Jane, Dr | Director | 2013-05-15 | 2015-12-31 |
| HILL OBE, Simon Patrick, Brigadier | Director | 2010-02-01 | 2012-05-01 |
| HOBSON, Charles William Peter, Brigadier | Director | 2013-10-31 | 2016-12-06 |
| HOWES, Francis Hedley Roberton, Major General | Director | 2010-03-10 | 2011-12-02 |
| HUTTON, James Kyle, Colonel | Director | 2010-02-01 | 2011-07-07 |
| JACKSON, Matthew | Director | 2022-02-10 | 2026-03-12 |
| JAMES, Steven Michael Newman | Director | 2016-01-21 | 2016-09-28 |
| KASSAPIAN, David Lee, Colonel | Director | 2012-11-19 | 2013-05-15 |
| KASSAPIAN, David Lee, Colonel | Director | 2011-07-07 | 2011-11-02 |
| MADDICK, Mark Jeremy, Colonel | Director | 2011-11-02 | 2012-12-21 |
| MASON, David Paul | Director | 2018-04-19 | 2020-07-24 |
| MCGILL, Alastair Ian | Director | 2011-07-07 | 2015-01-12 |
| MIDDLETON, Toby Patrick Windsor, Colonel | Director | 2011-07-07 | 2012-11-19 |
| MOORE, Audrey | Director | 2016-01-21 | 2016-10-12 |
| NAST, Ryan Thomas William | Director | 2019-04-01 | 2019-12-05 |
| OLIVER, Kevin Brian | Director | 2016-01-21 | 2016-09-28 |
| OLLIVE, Nicholas Alexander Twomey | Director | 2021-12-10 | 2024-06-04 |
| PEACOCK, Neil, Wo1 (Rsm) | Director | 2012-05-31 | 2013-05-15 |
| PELLING, Martin John | Director | 2011-07-07 | 2012-05-31 |
| REED, Sara | Director | 2018-11-15 | 2026-03-12 |
| RIACH RM, Craig, Wo1 (Rsm) | Director | 2010-02-01 | 2011-07-07 |
| RICHARDSON, Kim | Director | 2018-10-16 | 2024-10-14 |
| ROBBINS, Jeremy Matthew Francis | Director | 2014-10-29 | 2017-01-19 |
| ROSS, Andrew Charles Paterson, Sir | Director | 2013-05-15 | 2016-09-28 |
| ROWE, Anthony George Edward | Director | 2012-11-19 | 2015-12-31 |
| SALZANO, Gerard Mark, Brig | Director | 2010-05-04 | 2012-05-30 |
| SMITH, Martin Linn, Brigadier | Director | 2012-03-14 | 2013-05-15 |
| SPENCER, Richard Anthony Winchcombe | Director | 2015-01-12 | 2017-10-17 |
| STOCKS, William John | Director | 2017-01-25 | 2020-01-15 |
| THOMAS, Jeremy Hywel, Major General | Director | 2012-11-19 | 2015-12-31 |
| TURNER, Anthony, Brigadier | Director | 2020-10-05 | 2022-02-10 |
| WEAVER, Richard John | Director | 2013-05-15 | 2022-11-30 |
| WEIL, David Franklin | Director | 2013-05-15 | 2015-12-31 |
| WHITE, Haydn John, Brigadier | Director | 2017-10-17 | 2020-10-15 |
| WICKS RM, Marc, Wo1 (Corps Rsm) | Director | 2010-02-01 | 2011-07-07 |
| WILSON, David | Director | 2012-05-31 | 2013-04-05 |
| ZUPPINGER, James Michael | Director | 2016-01-21 | 2021-12-21 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 199 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | CH01 | officers | Change person director company with change date | |
| 2026-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-08-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-21 | CH01 | officers | Change person director company with change date | |
| 2024-10-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-23 | AA | accounts | Accounts with accounts type group | |
| 2024-08-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-20.1%
£7,724,037 £6,170,786
-
Cash
+31.2%
£1,253,574 £1,644,275
-
Net assets
+4.1%
£15,300,724 £15,934,247
-
Employees
-6.7%
30 28
-
Operating profit
-123.2%
£1,692,085 -£392,217
-
Profit before tax
-123.2%
£1,692,085 -£392,217
-
Wages
-8.5%
£1,658,863 £1,517,364
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