BUE MARINE LIMITED

1. BUE MARINE LIMITED 1991-09-24 → present
2. HENJAC 160 LIMITED 1991-07-08 → 1991-09-24

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Just Audit & Assurance Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease its operations, and as they have concluded that the Company’s financial position means that is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt upon its ability to continue as a going concern for at least a year from the date of approval of the financial statements (“the going concern period”).”

Group structure

1. BUE MARINE LIMITED · parent
   1. BUE Caspian Limited 100% · Scotland · Vessel management
   2. BUE Kazakhstan Limited 100% · Scotland · Vessel management
   3. BUE Cygnet Limited 100% · Scotland · Vessel management
   4. BUE Bulkers Limited 100% · Scotland · Vessel management
   5. BUE Shipping Limited 100% · Scotland · Vessel management
   6. Roosalka Shipping Limited 100% · Scotland · Vessel management
   7. BUE Bautino LLP 100% · Kazakhstan · Vessel management
   8. BUE Kyran Limited 100% · Scotland · Vessel management
   9. XT Shipping Limited 0% · Scotland · Vessel management
   10. BUE Marine Turkmenistan Limited 0% · Turkmenistan · Vessel management
   11. Topaz RJWS Limited 0% · UAE · Vessel management

Significant events

• “The Company has changed its functional currency from UAE Dirham to US Dollar during the year.”
• “The Company is exempt from the obligation to prepare and deliver group accounts by virtue of S401 exemption.”
• “The Company has applied the following standards and amendments for the first time for its annual reporting period commencing 1 January 2024: Classification of Liabilities as Current or Non-current and Non-current liabilities with covenants – Amendments to IAS 1; Lease Liability in Sale and Leaseback – Amendments to IFRS 16; Supplier Finance Arrangements – Amendments to IAS 7 and IFRS 7; and International Tax Reform – Pillar Two Model Rules – Amendments to IAS 12.”

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

Filings

1

last 12 months

Capital events

0

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

  —

  Not reported

• Cash

  -53.2%

  £179,130 → £83,910

• Net assets

  -1.1%

  £14,614,085 → £14,458,435

• Employees

  0%

  2 → 2

• Operating profit

  +99.9%

  -£57,260,561 → -£41,444

• Profit before tax

  +99.9%

  -£57,252,536 → -£38,087

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