ATLANTIC & PENINSULA MARINE SERVICES LIMITED

• ◆

  3 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ATLANTIC & PENINSULA MARINE SERVICES LIMITED 2011-02-08 → present
2. ATLANTIC & PENINSULA MARINE SERVICE LIMITED 2011-02-07 → 2011-02-08

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements Accordingly, they continue to adopt the going concern basıs in preparing the annual report and financial statements”

Group structure

1. ATLANTIC & PENINSULA MARINE SERVICES LIMITED · parent
   1. A&P Falmouth Limited 100% · Ship repair and general engineering services
   2. A&P Tyne Limited 100% · Ship building, repair and general engineering services
   3. A&P Tees Limited 100% · Ship repair and general engineering services
   4. Atlantic & Peninsula Australia Pty Limited 100% · Australia · Ship repair and general engineering services
   5. Marine Designs Limited 100% · Non-trading
   6. The Falmouth Docks and Engineering Company 100% · Owner and manager of wharves and dry docks, cargo handling, tug operations and other port services in Falmouth
   7. A&P Group Limited 100% · Intermediate holding company
   8. A&P GH 2006 Limited 100% · Intermediate holding company
   9. A&P Ship Repairers Limited 100% · Intermediate holding company
   10. A&P Shipbuilders Limited 100% · Dormant
   11. A&P Wallsend Limited 100% · Dormant
   12. A&P Birkenhead Properties Limited 100% · Dormant
   13. Hydropower Services Limited 100% · Dormant
   14. A&P Southampton Limited 100% · Dormant
   15. A&P Defence Limited 100% · Dormant

Significant events

• “During the year, the Board of Directors made the decision to cease operations effective 30 June 2024 in the Australian subsidiary, Atlantic & Peninsula Australia Pty Limited.”
• “The write down of the assets (Dock Side Cranes), together with associated costs, have been booked as of 31 March 2025 and recognised as an exceptional item.”
• “The former shareholder loan and accrued interest of £5,839,000 were waived and taken directly to reserves resulting in the decrease noted during the period.”

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

Filings

3

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

  +14.9%

  £114,681,000 → £131,766,000

• Cash

  -25.4%

  £23,451,000 → £17,489,000

• Net assets

  -13.3%

  £40,237,000 → £34,887,000

• Employees

  +0.9%

  649 → 655

• Operating profit

  -19.2%

  £5,464,000 → £4,414,000

• Profit before tax

  -16.3%

  £5,983,000 → £5,010,000

• Wages

  +5.3%

  £29,401,000 → £30,952,000

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