INTERMARINE UK LIMITED
Company number 06876052 · Monitor this company
Executive summary
Intermarine UK Limited has executed a strong financial recovery, moving from negative equity of £1.49M in 2020 to net assets of £3.6M and cash of £8.36M by December 2025, supported by £47.1M in revenue from specialist marine and nuclear sector workforce provision. However, material risks remain: heavy dependence on a narrow customer base (principally BAE Systems), a disclosed but unquantified post-balance-sheet contingent tax liability that could materially impact cash flows, and declining profitability amid an expanded cost base. The company's diversification efforts and strong liquidity position are encouraging, but the unresolved tax exposure warrants careful monitoring before any investment commitment.
Shareholders' funds
£3,603,306
Balance sheet as at 2025-12-31
What it does
The principal activity of the Company is the provision of international tradespeople for strategically important ship build and ship repair programmes in the UK.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-04-14
- Employees
- 494 (2025 accounts · was 521 in 2024)
- Registered office
- C/O Geldards Llp 4 Capital Quarter, Tyndall Street, Cardiff, United Kingdom, CF10 4BZ
- Postcode
- CF10 4BZ
- Capital
- 1 GBP
- Accounts category
- Group
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-04-14
- Next due by
- 2027-04-28
Nature of business (SIC)
- 71129 Other engineering activities
Officers 4 current · 8 resigned
Group structure 3 subsidiaries
Controlled by NAMAN HOLDINGS LIMITED — since 2026-01-26
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA215501 (Tier 1), registered since 2016.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Gender pay gap
4.25%
Women's median hourly pay below men's, 2025/26 · around the middle of the pack for parity
Contact details
- Website
- http://www.intermarineuk.com
Previous registered addresses 6
| Address | Changed on |
|---|---|
| C2 SECOND FLOOR TY CENYDD BUILDING, 45 CASTLE STREET, CAERPHILLY, CF83 1NZ, WALES | 2020-08-27 |
| PORTLAND PORT CASTLETOWN, PORTLAND, DT5 1PE, UNITED KINGDOM | 2020-03-05 |
| PORTLAND PORT PORTLAND PORT, CASTLETOWN, PORTLAND, DT5 1PE, ENGLAND | 2019-04-18 |
| BUILDING NO. 2 WATERTON PARK, BRIDGEND, MID GLAMORGAN, CF31 3PH, WALES | 2018-09-05 |
| 11A KINGSWAY, BRIDGEND INDUSTRIAL ESTATE, BRIDGEND, MID GLAMORGAN, CF31 3YH | 2015-09-11 |
| UNIT C21 GARTH ESTATE, TAFFS WELL, CARDIFF, MID GLAMORGAN, CF15 7YF | 2014-07-15 |
Among its peers
Top 5%
by shareholders' funds, of 191 similar companies in CF
The largest employer among its local peers (494 staff).
Among the oldest 25% of its local peers, trading since 2009.
No.2 of the largest other engineering activities companies in Cardiff →
Competitors Cardiff
This company ranks 2 among other engineering activities in Cardiff.
The class of 2009
22%
of the 1,291 companies in this sector incorporated in 2009 are still active today; 76% have since been dissolved.
A fact about the year, not a forecast for this company.