MARINE TURBO ENGINEERING LIMITED Financials
- Company number
- 00980787CopyCopy
- Registered office
- Abbey House, Abbey Street Priory Ind Estate, Birkenhead, Wirral CH41 5JU
- Incorporated
- 29/05/1970
Company snapshot
- Status
- Active
- Employees
- 17 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-6.04%vs 20242024: £1.72M
Total Assets
3.67%vs 20242024: £2.62M
Cash in Bank
-28.49%vs 20242024: £487.51K
Total Liabilities
26.25%vs 20242024: £708.97K
Employees
+1vs 20242024: 16
In 2025, MARINE TURBO ENGINEERING LIMITED reported net assets of £1.62M. The same filing shows total assets of £2.72M, cash in bank of £348.60K and total liabilities of £895.11K. Reported headcount was 17 in 2025. Total Liabilities rose from £708.97K in 2024 to £895.11K in 2025 (26.25%). 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
-6.04%from £1.72M 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 MARINE TURBO ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+5.9%vs 2023+2.9% a year compound (CAGR)
Cash in Bank
-35.1%vs 2023-19.5% a year compound (CAGR)
Total Assets
+20.3%vs 2023+9.7% a year compound (CAGR)
Total Liabilities
+64.2%vs 2023+28.1% a year compound (CAGR)
Employees
+30.8%vs 2023+4Biggest increase
Total Liabilities+64.2%
£545.10K in 2023 to £895.11K in 2025
Biggest decrease
Cash in Bank-35.1%
£537.46K in 2023 to £348.60K in 2025
MARINE TURBO ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MARINE TURBO ENGINEERING 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
- 59.54%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
- 32.91%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.
- Cash to liabilities
- 38.94%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 12.81%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MARINE TURBO ENGINEERING 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£ | 1.22M | 1.20M | 1.53M | 1.72M | 1.62M |
| Total Assets£ | 2.22M | 2.10M | 2.26M | 2.62M | 2.72M |
| Cash in Bank£ | 574.40K | 370.77K | 537.46K | 487.51K | 348.60K |
| Total Liabilities£ | 804.36K | 716.59K | 545.10K | 708.97K | 895.11K |
| Employees | 15 | 14 | 13 | 16 | 17 |
MARINE TURBO ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MARINE TURBO ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MARINE TURBO ENGINEERING LIMITED reported net assets of £1.62M for 2025. That compares with £1.72M in 2024, a change of -6.04%.
MARINE TURBO ENGINEERING LIMITED reported total assets of £2.72M for 2025. That compares with £2.62M in 2024, a change of 3.67%.
MARINE TURBO ENGINEERING LIMITED reported cash in bank of £348.60K for 2025. That compares with £487.51K in 2024, a change of -28.49%.
MARINE TURBO ENGINEERING LIMITED reported 17 employees in 2025, compared with 16 in 2024.
Between 2023 and 2025, MARINE TURBO ENGINEERING LIMITED's net assets rose by 5.9%, cash in bank fell by 35.1%, total assets rose by 20.3% and total liabilities rose by 64.2%. Net assets compounded at 2.9% a year across the two years to 2025, from £1.53M to £1.62M. Reported headcount went from 13 in 2023 to 17 in 2025 (+4).
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.