{"name":"INTERMARINE UK LIMITED","company_number":"06876052","status":"Active","type":"Private Limited Company","incorporated":"2009-04-14","dissolved":null,"registered_office":"C/O Geldards Llp 4 Capital Quarter, Tyndall Street, Cardiff, United Kingdom, CF10 4BZ","postcode":"CF10 4BZ","sic_codes":[{"code":71129,"description":"Other engineering activities"}],"principal_activity":"The principal activity of the Company is the provision of international tradespeople for strategically important ship build and ship repair programmes in the UK.","previous_names":[],"warnings":[],"accounts":{"category":"Group","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":494,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","profit_loss":453861,"net_assets":3603306,"cash":8362160,"average_employees":494},{"financial_date":"2024-12-31","profit_loss":1920962,"net_assets":3149445,"cash":4881446,"average_employees":521},{"financial_date":"2023-12-31","profit_loss":1819242,"net_assets":1528487,"cash":2136755,"average_employees":155},{"financial_date":"2022-12-31","net_assets":-290755,"cash":1222620,"average_employees":13},{"financial_date":"2021-12-31","cash":512546}],"officers":{"current":4,"resigned":8,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://www.intermarineuk.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/intermarine-uk","people":"https://www.companiesintheuk.co.uk/company/intermarine-uk/people","filing_history":"https://www.companiesintheuk.co.uk/company/intermarine-uk/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06876052","financials":"https://www.companiesintheuk.co.uk/company/intermarine-uk/financial","control":"https://www.companiesintheuk.co.uk/company/intermarine-uk/control","pay_gap":"https://www.companiesintheuk.co.uk/company/intermarine-uk/pay-gap","ai_analysis":"https://www.companiesintheuk.co.uk/company/intermarine-uk/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/intermarine-uk"}