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MILLENNIUM MARINE CONTRACTORS LIMITED Financials

Company number
04399463Copy
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Registered office
Unit 5 Wills Road, Totnes Industrial Estate, Totnes, Devon TQ9 5XN
Incorporated
20/03/2002

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£821.50K2025
10.28%vs 2024

2024: £744.90K

Total Assets

£914.98K2025
10.35%vs 2024

2024: £829.19K

Total Liabilities

£93.48K2025
10.90%vs 2024

2024: £84.29K

Employees

42025
0vs 2024

2024: 4

In 2025, MILLENNIUM MARINE CONTRACTORS LIMITED reported net assets of £821.50K. The same filing shows total assets of £914.98K and total liabilities of £93.48K. Reported headcount was 4 in 2025. Total Assets rose from £829.19K in 2024 to £914.98K in 2025 (10.35%). 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

£821.50K2025
10.28%from £744.90K in 2024

Year-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 MILLENNIUM MARINE CONTRACTORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£629.24K2023£821.50K2025
+30.6%vs 2023

+14.3% a year compound (CAGR)

Total Assets

£769.65K2023£914.98K2025
+18.9%vs 2023

+9% a year compound (CAGR)

Total Liabilities

£140.41K2023£93.48K2025
-33.4%vs 2023

-18.4% a year compound (CAGR)

Employees

6202342025
-33.3%vs 2023-2

Biggest increase

Net Assets+30.6%

£629.24K in 2023 to £821.50K in 2025

Biggest decrease

Total Liabilities-33.4%

£140.41K in 2023 to £93.48K in 2025

MILLENNIUM MARINE CONTRACTORS 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MILLENNIUM MARINE CONTRACTORS 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
89.78%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
10.22%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 MILLENNIUM MARINE CONTRACTORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£483.93K520.25K629.24K744.90K821.50K
Total Assets£645.33K634.13K769.65K829.19K914.98K
Cash in Bank£–––––
Total Liabilities£161.39K113.87K140.41K84.29K93.48K
Employees65644

MILLENNIUM MARINE CONTRACTORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MILLENNIUM MARINE CONTRACTORS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MILLENNIUM MARINE CONTRACTORS LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did MILLENNIUM MARINE CONTRACTORS LIMITED report in 2025?

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MILLENNIUM MARINE CONTRACTORS LIMITED reported net assets of £821.50K for 2025. That compares with £744.90K in 2024, a change of 10.28%.

What total assets did MILLENNIUM MARINE CONTRACTORS LIMITED report in 2025?

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MILLENNIUM MARINE CONTRACTORS LIMITED reported total assets of £914.98K for 2025. That compares with £829.19K in 2024, a change of 10.35%.

What total liabilities did MILLENNIUM MARINE CONTRACTORS LIMITED report in 2025?

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MILLENNIUM MARINE CONTRACTORS LIMITED reported total liabilities of £93.48K for 2025. That compares with £84.29K in 2024, a change of 10.90%.

How many people does MILLENNIUM MARINE CONTRACTORS LIMITED employ?

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MILLENNIUM MARINE CONTRACTORS LIMITED reported 4 employees in 2025, compared with 4 in 2024.

How have MILLENNIUM MARINE CONTRACTORS LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, MILLENNIUM MARINE CONTRACTORS LIMITED's net assets rose by 30.6%, total assets rose by 18.9%, total liabilities fell by 33.4% and employee numbers fell by 33.3%. Net assets compounded at 14.3% a year across the two years to 2025, from £629.24K to £821.50K. Reported headcount went from 6 in 2023 to 4 in 2025 (-2).

Which years of MILLENNIUM MARINE CONTRACTORS LIMITED financial data are available?

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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.