MARAEN PORT OF NIGG LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. MARAEN PORT OF NIGG LIMITED 2026-03-23 → present
2. GLOBAL ENERGY NIGG LIMITED 2010-12-23 → 2026-03-23

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

Standalone (parent only)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“While looking confidently to the future of the company and the Port of Nigg Facility, the key risk to the Company's robust business strategy remains the uncertainty within the energy industry and all sectors in which the Company operates. The increased focus within the energy sector towards green energy investment presents significant opp”

Group structure

1. MARAEN PORT OF NIGG LIMITED · parent
   1. Port of Nigg Limited 100% · Scotland
   2. Nigg Energy Park Limited 100% · Scotland

Significant events

• “On 31st July 2025, the company was sold, resulting in a change of majority shareholding.”
• “Following the year end as part of a sale transaction, ultimate ownership passed to Mitsui & Co Ltd, a company registered in Japan.”

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

Filings

17

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +12.7%

  £14,284,000 → £16,092,000

• Cash

  —

  Not reported

• Net assets

  +15.2%

  £8,268,000 → £9,525,000

• Employees

  +6.3%

  48 → 51

• Operating profit

  +67.1%

  £2,468,000 → £4,123,000

• Profit before tax

  +1,830.1%

  £83,000 → £1,602,000

• Wages

  +12.3%

  £2,625,000 → £2,947,000

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