AQUATIC ENGINEERING & CONSTRUCTION LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-04-08.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. AQUATIC ENGINEERING & CONSTRUCTION LIMITED 1990-08-22 → present
2. LEDGE TWENTYFOUR LIMITED 1990-03-15 → 1990-08-22

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which the directors consider to be appropriate. When assessing the going concern assumption, the directors have considered the group's and company's working capital and funding requirements in 2025 and 2026. In addition, the ultimate parent company, Motive Topco Limited, has provided a letter of support confirming it will continue to support the company by providing adequate strategic, operational and financial assistance to enable the company to continue its business operations as a going concern for the foreseeable future, and for a period of at least 12 months from the date of signing of these financial statements. Motive Topco Limited also confirmed it will not recall or demand any repayment of any other loans or advances due to it by the company as at 31 December 2024, except that insofar as the funds of the company permits repayment and that such repayment will not adversely affect the ability of the company to carry on their business operations as a going concern, Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. AQUATIC ENGINEERING & CONSTRUCTION LIMITED · parent
   1. Aquatic Asia Pacific Pte Ltd 100% · Singapore

Significant events

• “Revenue has increased by 21% during the year as the market recovers from an operationally challenging period where some customer activities were cancelled or postponed as a result of the global Covid-19 pandemic.”

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

Filings

2

last 12 months

Capital events

1

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

  +21%

  £9,545,000 → £11,548,000

• Cash

  +76.6%

  £94,000 → £166,000

• Net assets

  +89%

  £3,977,000 → £7,516,000

• Employees

  +8.2%

  61 → 66

• Operating profit

  +130%

  -£600,000 → £180,000

• Profit before tax

  +104.2%

  -£920,000 → £39,000

• Wages

  +13.5%

  £3,795,000 → £4,307,000

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