MARINE CURRENT TURBINES LIMITED

Active London

Other research and experimental development on natural sciences and engineering

2 employees website.com
Environment, agriculture and waste Other research and experimental development on natural sciences and engineering
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MARINE CURRENT TURBINES LIMITED

Other research and experimental development on natural sciences and engineering

Founded 14 Jun 1989 Active London, United Kingdom 2 employees website.com
Environment, agriculture and waste Other research and experimental development on natural sciences and engineering

Previous Company Names

I.T. POWER (SEARCH) LIMITED 14 Jun 1989 — 12 Jan 1998
Accounts Submitted 5 Aug 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 24 Mar 2026 Next due 1 Apr 2027 10 months remaining
Net assets £-13M £115K 2024 year on year
Total assets £29K £17K 2024 year on year
Total Liabilities £13M £132K 2024 year on year
Charges 3
3 satisfied

Contact & Details

Contact

Registered Address

5 Churchill Place 10th Floor London E14 5HU United Kingdom

Telephone

0800 000 0000

Website

www.example.com

Full company profile for MARINE CURRENT TURBINES LIMITED (02395158), an active environment, agriculture and waste company based in London, United Kingdom. Incorporated 14 Jun 1989. Other research and experimental development on natural sciences and engineering. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type full
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£1.00k

Decreased by £8.00k (-89%)

Net Assets

-£12.68M

Decreased by £115.00k (-1%)

Total Liabilities

£12.71M

Increased by £132.00k (+1%)

Turnover

N/A

Employees

2

Debt Ratio

43821%

Decreased by 60979 (-58%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Funding Rounds 4

Investors (3)

Investor NameInvestor SinceParticipating Rounds
Investor 2Dec 2009Seed
Investor 7Feb 2010Acquisition, Strategic Investment
Investor 6Apr 2015Acquisition

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

Atlantis Turbines Pte. Limited
100.0%

Persons with Significant Control

Persons with Significant Control (0)

0 Active 1 Ceased

Simec Atlantis Energy Limited

Ceased 6 Apr 2016

Ceased

Group Structure

Group Structure

MARINE CURRENT TURBINES LIMITED Current Company

Charges

Charges

3 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
24 Mar 2026Confirmation StatementConfirmation statement made on 18 Mar 2026 with no updates
19 Sept 2025OfficersChange Corporate Secretary Company With Change Date
5 Aug 2025AccountsAnnual accounts made up to 31 Dec 2024
30 Jul 2025AddressChange Registered Office Address Company With Date Old Address New Address
30 Jul 2025OfficersChange Corporate Secretary Company With Change Date
24 Mar 2026 Confirmation Statement

Confirmation statement made on 18 Mar 2026 with no updates

19 Sept 2025 Officers

Change Corporate Secretary Company With Change Date

5 Aug 2025 Accounts

Annual accounts made up to 31 Dec 2024

30 Jul 2025 Address

Change Registered Office Address Company With Date Old Address New Address

30 Jul 2025 Officers

Change Corporate Secretary Company With Change Date

Recent Activity

Latest Activity

Confirmation statement made on 18 Mar 2026 with no updates

2 months ago on 24 Mar 2026

Change Corporate Secretary Company With Change Date

8 months ago on 19 Sept 2025

Annual accounts made up to 31 Dec 2024

10 months ago on 5 Aug 2025

Change Registered Office Address Company With Date Old Address New Address

10 months ago on 30 Jul 2025

Change Corporate Secretary Company With Change Date

10 months ago on 30 Jul 2025