BLUE MARINE FOUNDATION

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

Consolidated group

Auditor

Sayer Vincent LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Financial Statements are prepared on the going concern basis which assumes that Blue Marine Foundation will continue as a going concern for a minimum of 12 months following the date of signing of this report. The organisation has sufficient reserves to continue to deliver its strategic objectives by the end of that period, and will still maintain an adequate level of unrestricted reserves by the end of it. The free reserves of the organisation are held in cash and liquid investments in order that these may be accessed quickly in the event that they are required.”

Group structure

1. BLUE MARINE FOUNDATION · parent
   1. BMF Trading Limited 100% · England · Providing support to activities of Blue Marine Foundation
   2. Blue Marine Belgium (ASBL) "BMB" 100% · Belgium

Significant events

• “Following public pressure generated by Blue Media's #AgainstLonglining campaign, the government of the Maldives reversed its plans to permit fishing with the destructive longline technique.”
• “In Greece, the prime minister committed to expanding the country's MPA network from 20 per cent to 32 per cent, and banning bottom-trawling in all MPAs from 2026.”
• “In December 2024, the environment ministry announced the strict protection of Formicula islet.”
• “The formal designation of two MPAs across the Beato Ridge MPA and Silver Bank MPA, covering a total of 119,000 sq km in the Dominican Republic.”
• “In 2024, a legal challenge against the UK government for setting fishing quotas beyond scientific advice was brought and subsequently lost on 28 March 2025.”
• “In October 2024, the EU took the UK to international arbitration following the UK's decision to prohibit sand-eel fishing in its part of the North Sea.”
• “On 8 June 2025, the government announced its intention to ban bottom trawling in the majority of English MPAs.”

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

  +23.7%

  £1,023,130 → £1,265,260

• Cash

  +18.2%

  £6,638,807 → £7,844,774

• Net assets

  +8.5%

  £9,706,885 → £10,531,484

• Employees

  +10.2%

  49 → 54

• Operating profit

  +558.1%

  -£192,712 → £882,825

• Wages

  +17.1%

  £2,311,909 → £2,706,325

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