MADGE MARINE SERVICES LIMITED Financials
- Company number
- 02889006CopyCopy
- Registered office
- 19 The Slipway, Port Solent, Portsmouth, Hampshire PO6 4TR
- Incorporated
- 19/01/1994
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
10.28%vs 20242024: £52.15K
Total Assets
-7.57%vs 20242024: £144.84K
Total Liabilities
-17.61%vs 20242024: £92.69K
Employees
0vs 20242024: 3
In 2025, MADGE MARINE SERVICES LIMITED reported net assets of £57.51K. The same filing shows total assets of £133.88K and total liabilities of £76.37K. Reported headcount was 3 in 2025. Total Liabilities fell from £92.69K in 2024 to £76.37K in 2025 (-17.61%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
10.28%from £52.15K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MADGE MARINE SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+58.6%vs 2023+25.9% a year compound (CAGR)
Total Assets
-19.4%vs 2023-10.2% a year compound (CAGR)
Total Liabilities
-41.2%vs 2023-23.3% a year compound (CAGR)
Employees
-66.7%vs 2023-6Biggest increase
Net Assets+58.6%
£36.27K in 2023 to £57.51K in 2025
Biggest decrease
Employees-66.7%
9 in 2023 to 3 in 2025
MADGE MARINE SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MADGE MARINE SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 42.96%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 57.04%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MADGE MARINE SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -4.21K | 12.56K | 36.27K | 52.15K | 57.51K |
| Total Assets£ | 137.49K | 161.61K | 166.05K | 144.84K | 133.88K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 141.70K | 149.06K | 129.79K | 92.69K | 76.37K |
| Employees | 8 | 8 | 9 | 3 | 3 |
MADGE MARINE SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MADGE MARINE SERVICES LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
MADGE MARINE SERVICES LIMITED reported net assets of £57.51K for 2025. That compares with £52.15K in 2024, a change of 10.28%.
MADGE MARINE SERVICES LIMITED reported total assets of £133.88K for 2025. That compares with £144.84K in 2024, a change of -7.57%.
MADGE MARINE SERVICES LIMITED reported total liabilities of £76.37K for 2025. That compares with £92.69K in 2024, a change of -17.61%.
MADGE MARINE SERVICES LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, MADGE MARINE SERVICES LIMITED's net assets rose by 58.6%, total assets fell by 19.4%, total liabilities fell by 41.2% and employee numbers fell by 66.7%. Net assets compounded at 25.9% a year across the two years to 2025, from £36.27K to £57.51K. Reported headcount went from 9 in 2023 to 3 in 2025 (-6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.