SOUTHERN MARINE SERVICES LTD Financials
- Company number
- 11242087CopyCopy
- Registered office
- 56 Panorama Road, Poole BH13 7RE
- Incorporated
- 08/03/2018
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
-3.86%vs 20242024: £363.00
Total Assets
45.18%vs 20242024: £98.71K
Total Liabilities
45.36%vs 20242024: £98.35K
Employees
0vs 20242024: 4
In 2025, SOUTHERN MARINE SERVICES LTD reported net assets of £349.00. The same filing shows total assets of £143.31K and total liabilities of £142.96K. Reported headcount was 4 in 2025. Total Liabilities rose from £98.35K in 2024 to £142.96K in 2025 (45.36%). 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
-3.86%from £363.00 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 SOUTHERN MARINE SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-98.3%vs 2023-87% a year compound (CAGR)
Total Assets
+35.4%vs 2023+16.4% a year compound (CAGR)
Total Liabilities
+67.9%vs 2023+29.6% a year compound (CAGR)
Employees
-20%vs 2023-1Biggest increase
Total Liabilities+67.9%
£85.13K in 2023 to £142.96K in 2025
Biggest decrease
Net Assets-98.3%
£20.69K in 2023 to £349.00 in 2025
SOUTHERN MARINE SERVICES LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOUTHERN MARINE SERVICES LTD'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
- 0.24%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
- 99.76%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 SOUTHERN MARINE SERVICES LTD 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£ | 694.00 | 956.00 | 20.69K | 363.00 | 349.00 |
| Total Assets£ | 89.54K | 93.57K | 105.82K | 98.71K | 143.31K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 88.84K | 92.61K | 85.13K | 98.35K | 142.96K |
| Employees | 5 | 5 | 5 | 4 | 4 |
SOUTHERN MARINE SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOUTHERN MARINE SERVICES LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
SOUTHERN MARINE SERVICES LTD reported net assets of £349.00 for 2025. That compares with £363.00 in 2024, a change of -3.86%.
SOUTHERN MARINE SERVICES LTD reported total assets of £143.31K for 2025. That compares with £98.71K in 2024, a change of 45.18%.
SOUTHERN MARINE SERVICES LTD reported total liabilities of £142.96K for 2025. That compares with £98.35K in 2024, a change of 45.36%.
SOUTHERN MARINE SERVICES LTD reported 4 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, SOUTHERN MARINE SERVICES LTD's net assets fell by 98.3%, total assets rose by 35.4%, total liabilities rose by 67.9% and employee numbers fell by 20%. Net assets contracted at 87% a year across the two years to 2025, from £20.69K to £349.00. Reported headcount went from 5 in 2023 to 4 in 2025 (-1).
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.